FTI Consulting launched firm’s corporate finance and restructuring segment in Québec with the appointment of restructuring expert Martin Franco as a senior managing director in Montréal. The addition of the corporate finance and restructuring segment in Québec expands the firm’s existing capabilities in the market, which include forensic and litigation consulting.
Franco brings more than 25 years of experience in restructuring, working with clients across industries to provide reorganization and insolvency advisory services. He has served as a monitor under the Companies’ Creditors Arrangement Act, as a receiver and trustee under the Bankruptcy and Insolvency Act, as a consultant to debtors and as a consultant to banks in the analysis of operations and financial projections.
Establishing the corporate finance and restructuring segment in Québec provides clients extensive turnaround and restructuring expertise in Canada with coverage across the country, including Vancouver, Calgary, Toronto and now Montréal. Franco will focus on expanding FTI Consulting’s restructuring capabilities in Québec while helping corporations, boards, private equity sponsors, creditor constituencies and other stakeholders navigate challenges arising from liquidity problems, disruption and underperformance.
“Martin is one of the leading restructuring experts in Québec, and I am thrilled to welcome him to FTI Consulting,” Greg Watson, leader of Canada and Latin America corporate finance and restructuring at FTI Consulting, said. “Martin’s extensive knowledge of and deep experience in the Québec market will enable us to advise clients locally on restructurings, turnarounds, transformations and transactions when they face financial difficulties, building on our existing presence in major commercial capitals in Canada.”
Prior to joining FTI Consulting, Franco worked at big four firms for more than 30 years. He is a chartered public accountant, a licensed insolvency trustee and a chartered insolvency and restructuring professional.
“FTI Consulting is a recognized leader in the restructuring space, and I’m delighted to work with my colleagues to establish and grow the corporate finance and restructuring segment in Québec,” Franco said. “FTI Consulting’s platform will enable me to combine global expertise with my background and experience in Québec to provide clients with world-class insolvency services to help them navigate times of crisis.”
