US firm acquires Forensic Accounting

US business advisory firm FTI Consulting has acquired London-based Forensic Accounting for an undisclosed sum, allowing the firm to tap into the lucrative UK market for forensic accounting services.

Set up in 2000 by ex-PricewaterhouseCoopers partners, Forensic Accounting is a independent forensic accounting practice, providing expert witness and investigation services in disputes, regulatory inquiries and due diligence reviews. Its clients include public and private sector organisations, as well as several UK regulators and magic circle law firms.

FA founders Andrew Mainz, Raj Bairoliya, Julia Wallace-Walker and Dominic Wreford, as well as Ian Trumper, a partner at the firm, have joined FTI as senior managing directors. A further 31 FA employees will be joining FTI.

Mainz said: 'FA will be able to maintain the independent nature of our work and our focus on high standards of successful client service. This approach has made us the UK's leading independent forensic accounting practice, from a standing start in 2000.'