BDO Consulting Group announced that Nick Welch recently joined the firm’s Business Restructuring and Turnaround Services practice as a Director in the firm’s Miami, Florida office and will primarily cover the Southeast regional markets.

Nick, a seasoned financial advisor, has more than 20 years of experience in professional services and has spent the last nine advising lenders, investors and management teams on debt and operational restructuring strategies as well as on transaction services such as diligence, quality of earnings, sell-side advice and valuation.

Nick has helped senior lenders, private equity groups, family offices and management teams to navigate business challenges and release or create cash flow through debt restructuring, operational improvements and M&A strategy and execution. He has experience throughout the corporate life cycle – from start-up to liquidation – but focuses on the turnaround and stabilization of challenged companies, stakeholder management and transaction advisory. His experience spans numerous industries in the U.S. and Europe, including retail, leisure and hospitality, healthcare, renewable energy and fintech.

Nick was awarded Turnaround Management Association (TMA)’s “Young Turnaround Professional of the Year” award and is a board member of TMA’s NextGen Atlanta Chapter. He is a Fellow Chartered Accountant of the Institute of Chartered Accountants in England & Wales (ICAEW) and studied at BPP Professional Education in London, U.K.

BDO Consulting provides holistic restructuring advisory alongside other key professional services offerings to the U.S. middle market. The Restructuring practice has operationally oriented performance improvement teams as well as highly experienced restructuring professionals who have served as advisors in hundreds of cases and have experience advising lending institutions. Many of BDO Consulting’s senior practitioners have also taken interim senior management positions, implementing change and guiding businesses through complex restructurings in and out of court.

Jim Loughlin, BDO Consulting’s Business Restructuring and Turnaround Services National Practice Leader, commented, “Nick is a great addition to BDO Consulting’s growing Business Restructuring and Turnaround Services practice. His multi-discipline advisory experience complements our current Restructuring team in the Southeast and Nick is an important addition as we continue to expand our national practice. BDO Consulting’s restructuring presence now includes professionals located in 14 cities throughout the U.S., which allows us to better serve our clients and the restructuring community. With restructuring professionals in 46 countries throughout the world, BDO delivers its global capabilities locally.”