Maryland : Acquisitions
FTI Consulting buys Forensic Accounting
Baltimore-based FTI Consulting Inc., the quickly growing business services company, said yesterday that it was adding to its accounting base by acquiring Forensic Accounting LLP in London. The acquisition is FTI's seventh this year. FTI did not disclose the amount that it paid for the 36-employee company but said it expected the deal would close next week. Forensic Accounting's partners have all agreed to become senior managing directors, FTI said.
Jamie Smith Hopkins
Illicit software enabled data breach
Unauthorized software that was secretly installed on servers in Hannaford Bros. Co.'s supermarkets across the Northeast and in Florida enabled a data breach that compromised up to 4.2 million credit and debit cards, the company said yesterday. The grocer confirmed a report in The Boston Globe that it told Massachusetts regulators this week about the link between the breach and the illicit programs, known as "malware." The company said it doesn't know how the malicious software got onto nearly all its 271 stores' servers.