Grant Thornton has hired Bill Fasel as a managing director in the firm’s strategic solutions practice which evaluates financial and operational issues affecting underperforming companies.
Mr. Fasel has more than 25 years of advisory experience assisting multinational and middle-market clients with corporate restructuring, business transformation, corporate finance and strategic planning. He has provided a range of business advisory and transaction services to companies, debtors, lenders, unsecured creditors and private equity firms.
In his new position with Grant Thornton, Mr. Fasel will provide turnaround and restructuring, operational improvement and transaction advisory services to underperforming and distressed companies and their creditors, lenders and other related groups.
“Bill’s extensive experience serving clients across a variety of industries on business plan and corporate strategy development, turnaround initiatives and crisis management will be key to augmenting our restructuring capabilities both locally and nationally and driving strategic growth,” said Scott Davis, national managing partner of financial advisory services at Grant Thornton.
Before joining Grant Thornton, Mr. Fasel was a managing director in the Chicago office of Riveron Consulting from 2018 to 2019 where he co-led efforts to establish and manage a recovery and transformation services practice. Earlier in his career, he held senior positions with PwC’s business recovery services practice (2013 to 2018), Deloitte’s corporate advisory services group (2008 to 2013), and Mesirow’s consulting practice (2006 to 2008). Mr. Fasel earned his MBA from Northwestern University and his BBA in finance from the University of Michigan.
Grant Thornton’s strategic solutions practice evaluates the financial and operational issues affecting underperforming companies in order to determine strategic alternatives. Founded in Chicago in 1924, Grant Thornton is the US member firm of Grant Thornton International, one of the world’s leading audit, tax and advisory firms. The firm has revenues in excess of $1.7 billion and operates 59 offices with more than 590 partners and 8,500 employees (www.grantthornton.com).
© 2019 Private Equity Professional | September 12, 2019