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FTI Consulting is Honoured with Three Recognitions at the Turnaround Atlas Awards, Including “Distressed Investments Transaction of the Year (Large)” for Celsa’s Group Restructuring
Sergio Vélez, Head of FTI Consulting in Spain, has been recognized with the “Leadership & Professionals in Restructuring Award (Consultant category)”
Madrid, Oct. 2, 2025 – FTI Consulting, Inc. (NYSE: FCN) received three international distinctions from the prestigious Turnaround Atlas Awards at a gala held in New York:
- “Global Turnaround Consulting Firm of the Year”, awarded to FTI Consulting for the 10th time in this category
- “Distressed Investments Transaction of the Year (Large)”, an award highlighting the firm’s restructuring work for the Catalan steel company Celsa
- “Leadership & Professionals in Restructuring Award (Consultant category)”, a distinction awarded to Sergio Vélez
The Turnaround Atlas Awards annually recognize the world’s leading firms, professionals, and transactions in the fields of restructuring, insolvency, and distressed investing. The distinctions “Global Turnaround Consulting Firm of the Year” and “Distressed Investments Transaction of the Year (Large)” underscore the role FTI Consulting plays in these transactions, as well as the key contribution of the Spanish restructuring and turnaround team in Celsa’s case. In this case, the firm supported the creditors of the Catalan company during the takeover through a non-consensual restructuring plan in line with the new restructuring and homologation regulations in the country.
FTI Consulting experts served in interim roles as executives of the company, enabling a secure transition to new C-suite roles appointed by the new board. The firm also oversaw corporate communications related to the designations of a new President and CEO; while eDiscovery and Forensic & Litigation teams worked to understand Celsa’s IT infrastructure and launched an investigation into key matters.
“These recognitions reflect FTI Consulting’s ability to support companies and investors in their most decisive moments, when everything is at stake”, said Sergio Vélez. “They also demonstrate the strength of our team in Spain and the trust that leading market players place in us. In an increasingly complex environment, with challenges ranging from restructurings to cybersecurity and litigation, we help protect value and enable our clients to emerge stronger from each challenge”.
In addition to the three awards received, FTI Consulting has been acknowledged for its involvement in 5 additional winning engagements:
- “Out of Court Transaction of the Year (Large)” – for the work on KBS Real Estate Investment Trust
- “Pre-Pack Transaction of the Year (Large, Over $1B)” – for the work on Audacy
- “Special Situations M&A Deal of the Year (Large)” – for the work on Steward Healthcare/ Orlando/ BMC/ Lifespan/ RHG/ Honor/ CHG, etc.
- “Turnaround of the Year (Large, Over $1B)” – for the work on WeWork Chapter 11 Operational and Financial Restructuring
- “Cross Border Turnaround of the Year (Large)” – for the work on Scandinavian Airlines (SAS) Chapter 11 Restructuring
*Click here to view all the awards presented at the Turnaround Atlas Awards.
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Investor Contact:
+1.617.747.1791
mollie.hawkes@fticonsulting.com
Media Contact:
+34 917 935 143
xavier.janerserra@fticonsulting.com
Source: FTI Consulting, Inc.
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