Thu, Feb 7, 2019
Duff & Phelps Expands Forensics, Dispute and Restructuring Capabilities With Acquisition of Forest Partners
Adds team of over 50 professionals to support clients across Spain and Latin America
MADRID – Duff & Phelps, the global advisor that protects, restores and maximizes value for clients, today announced it has acquired Forest Partners, a leading Spanish independent provider of forensic and litigation support and restructuring, financial and corporate advisory solutions. Terms of the transaction were not disclosed.
Since 2007, Forest Partners has supported clients in major disputes in Spain and Latin America under Spanish and international arbitration courts, as well as in major refinancing and restructuring processes, as an insolvency administrator and as an advisor in high-profile situations. The firm’s more than 50 experienced professionals are based in Madrid, Barcelona and Bilbao. Following the acquisition, Vicente Estrada, Founder of Forest Partners, will lead Duff & Phelps Governance, Risk, Investigations and Disputes practice in Spain, reporting to Carl Jenkins, Global Head of Governance, Risk, Investigations and Disputes at Duff & Phelps.
Javier Zoido, Managing Director and Head of Duff & Phelps Valuation Advisory Services practice in Spain, commented: “Forest Partners’ market leading expertise in forensic litigation support, restructuring and crisis management greatly enhances our ability to assist clients in their most complex situations. Their addition to Duff & Phelps expands our Spanish footprint to bring best-in-class services to our clients in Spain and globally.”
Vicente Estrada commented: “Both Duff & Phelps and Forest Partners share the same values of excellence in professionalism, experience and effectiveness to help clients resolve situations of crisis and conflict. Becoming part of this esteemed organization provides us with the opportunity to leverage a global network and resources to continue to provide added value for our clients. I look forward to offering our regional expertise to further expand the firm’s forensic, restructuring and corporate finance services offering in Spain.”
With the acquisition of Forest Partners, Duff & Phelps now has over 100 professionals in Spain.
About Duff & Phelps
Duff & Phelps is the global advisor that protects, restores and maximizes value for clients in the areas of valuation, corporate finance, investigations, disputes, cyber security, compliance and regulatory matters, and other governance-related issues. We work with clients across diverse sectors, mitigating risk to assets, operations and people. With Kroll, a division of Duff & Phelps since 2018, our firm has nearly 3,500 professionals in 28 countries around the world. For more information, visit www.duffandphelps.com.
Duff & Phelps
Angela Tucciarone, +1 212 871 6237
Llorente y Cuenca
Meritxell Pérez de Castro-Acuña, +34 91 563 77 22
Investigations and Disputes
World-wide expert services and tech-enabled advisory through all stages of diligence, forensic investigation, litigation, disputes and testimony.
Corporate Finance and Restructuring
Middle Market M&A, Strategic Advisory, Debt Advisory and Private Capital Markets, Restructuring and Insolvency Services, Financial Due Diligence, Fairness Opinions, Solvency Opinions and ESOP/ERISA Advisory