AlixPartners, the global consulting firm, entered into a definitive agreement to acquire a Canadian restructuring advisory boutique, KSV Advisory. This transaction is AlixPartners’ first investment in the wider Canadian market and further strengthens the firm’s position in the provision of turnaround and restructuring services (TRS).
Upon the closing of the transaction, all members of the KSV restructuring practice in both Toronto and Calgary are expected to join the AlixPartners TRS Americas practice, including David Sieradzki, Mitch Vininsky and Noah Goldstein as partners and managing directors. Additionally, KSV co-founder Bobby Kofman will join AlixPartners in the role of senior advisor with responsibilities including leading restructuring roles, business development and wider AlixPartners brand-building activities in the Canadian market.
The closing of the transaction is anticipated to occur on or around June 1, 2026, subject to the satisfaction of certain closing conditions, with the KSV team operating under the AlixPartners brand immediately upon closing.
“We are immensely proud of the business and market position we built up over many years as KSV,” Kofman said. “The variety and high-profile nature of the many local and cross-border cases we have worked on is testament to the excellent quality of our people. This exciting transaction affords us the opportunity to take this high-performing team to a new level and to further augment our offerings to clients by joining what is undoubtedly one of the world’s most highly regarded and successful turnaround and restructuring practices.”
Jim Mesterharm, global co-head of AlixPartners TRS practice, said, “We have long admired from afar KSV’s work, their in-market excellence and the immense quality of their people. Combining with KSV brings many benefits for our people and our clients, including enhanced career opportunities, greater geographic reach and further technical and operational strength and depth.”
Eric Koza, global co-head of AlixPartners TRS practice, added, “We are delighted to welcome our new colleagues from KSV to AlixPartners. At a time of immense disruption and with increasing volatility in global markets, this is a timely and highly effective addition to our already globally recognized capabilities in the TRS arena.”
David Garfield, co-CEO of AlixPartners, commented, “Our firm’s M&A strategy has long focused on top-tier firms which enhance the depth and breadth of our client offering. The acquisition of KSV perfectly embodies this strategy by not only strengthening an existing core capability but also giving us the opportunity to establish a presence in the Canadian marketplace. As client demand grows in the face of unprecedented disruption, we continue to look for similarly high-quality opportunities across all of our core service areas.”
The transaction was led for AlixPartners by the firm’s in-house M&A team with supporting advice from Stikeman Elliott, Willkie Farr & Gallagher and PWC.
KSV was supported throughout the process by Wildeboer Dellelce LLP and EY.
Terms of the deal are not being disclosed.
