FTI Consulting completed its acquisition of BOLD, a leading restructuring, transactions, digital and transformation advisory firm in the Netherlands.

Founded in 2013 by Klaas Wagenaar and Gerrit van Munster, BOLD helps businesses become and stay relevant and successful in times of strategic change and mergers and acquisitions. The acquisition extends FTI Consulting’s restructuring, business transformation, digital and transactions teams to the Dutch market and provides BOLD’s existing clients with access to FTI Consulting’s diversified platform.

With the completion of the acquisition, approximately 31 billable professionals from BOLD, including two Senior Managing Directors and 10 Managing Directors, join FTI Consulting’s Corporate Finance & Restructuring segment, which is led in Europe, the Middle East and Africa by Diederick van der Plas.

Commenting on the completion of the acquisition, Steven H. Gunby, President and Chief Executive Officer of FTI Consulting, said, “The addition of the BOLD team reflects our ongoing focus to invest in leading talent. It brings together two firms that are driven to help clients address their most significant strategic, operational and financial concerns and opportunities. We are so excited to officially welcome BOLD to FTI Consulting.”

Klaas Wagenaar, who joins FTI Consulting as a Senior Managing Director, added, “Working with FTI Consulting enables us to leverage the firm’s global platform and leading business transformation, transactions and turnaround offerings to help companies find a path to a healthy and successful future. We are proud of what we built together at BOLD and look forward to the next chapter of our journey.”