How's restructuring group at B4? I know we have TRS at Parthenon. Is it solid or much smaller than firms like A&M?

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B4 doesn’t really have great RX practices. EYP is the only one that’s decent, but nowhere near the level of A&M. They’re closer to third tier in the Restructuring world. Have never come across them on a mandate

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Small at KPMG. Most work is in automotive, retail, and energy. I’m sure that’s similar to other firms as these are all sensitive to economic cycles and capital-intensive businesses.

Used to be part of Corporate Finance (IB) but now part of the strategy group to build out the “turnaround” in T&R.

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F

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