GlassRatner Restructuring

What GlassRatner Restructuring does

GlassRatner Restructuring is a Canadian professional services firm headquartered in Toronto that provides financial advisory, corporate restructuring, corporate finance, executive search, human capital advisory, and wealth management services. The firm serves enterprises facing financial distress (including formal proceedings under the CCAA and BIA), companies pursuing growth or exit transactions (M&A, debt and equity financing, valuations), and organizations requiring executive talent, interim leadership, or fractional C-suite support. GlassRatner operates from five offices across Canada (Toronto, Vancouver, Calgary, Halifax) and one US office (Los Angeles), with international reach enabled through exclusive Canadian memberships in BTG Global Advisory and IIC Partners.

The offering is delivered entirely through senior practitioners rather than software or technology platforms; there are no proprietary products, APIs, or AI/ML capabilities disclosed in the source material. Services are organized across six practice areas: Financial Advisory & Restructuring (restructuring, turnaround, stressed/distressed transactions, business modelling, fraud forensics), Corporate Finance (debt and equity financing, M&A, business valuations), Executive Search & Interim Management, Human Capital Advisory, Wealth Management, and specialized Receivership Services. The firm's senior team includes practitioners holding rare Canadian credentials such as INSOL Fellowship (one of seven in Canada) and Licensed Insolvency Trustee status, with named engagement experience spanning court-appointed receiverships (Pathfinder Energy Ltd., MCK Energy Inc.), M&A advisory (Ucore's acquisition of Innovation Metals Corp.), and structured financings (Raw Design's $3.5M raise).

Revenue is generated through professional services fees on an engagement basis (pricing is not publicly disclosed), with go-to-market executed via a consultative, relationship-driven enterprise sales motion targeting CEOs, CFOs, boards, lenders, and business owners. The firm operates under the GlassRatner brand following a 2025 acquisition by Toronto-based private equity firm TorQuest Partners, which acquired and rebranded the legacy B. Riley Farber business.

Name

GlassRatner Restructuring

Legal name

GlassRatner

Website

https://glassratner.ca

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

GlassRatner Restructuring is a Toronto-headquartered Canadian professional services firm providing financial advisory, restructuring, corporate finance, executive search, human capital, and wealth management services to enterprises facing financial distress, pursuing M&A or financing transactions, or requiring executive talent.

Ownership category

akta.pro rank

Product category

Financial Advisory and Restructuring Services

NAICS

Credit Intermediation and Related Activities (522)

SIC

Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Turnaround, Restructuring & Crisis Management Consulting (BPAHACAO)

akta.pro secondary industries

Restructuring & Turnaround Advisory (BPAHADAD), Insolvency, Restructuring & Bankruptcy Administration (BPAHABAL), Divestitures, Spin-offs & Carve-outs Advisory (BPAHADAJ)

Keywords

• Financial restructuring advisory
• Corporate insolvency services
• Mergers and acquisitions
• Executive search services
• Human capital consulting

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Financial Advisory & Restructuring Services: Revenue generated from providing restructuring, turnaround, stressed/distressed transactions, business modelling, and fraud forensics services to companies in financial difficulty or crisis.
2. Corporate Finance Services: Revenue from debt financing, equity financing, mergers & acquisitions, and business valuations advisory services.
3. Executive Search & Human Capital Services: Revenue from executive search, interim management, fractional executives, executive coaching, and human capital advisory services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

GlassRatner Restructuring is a Canadian professional services firm providing corporate financial advisory, restructuring, turnaround, distressed transactions, business valuations, mergers and acquisitions, executive search, interim management, and human capital advisory services. The firm also acts as court-appointed receiver and monitor in formal insolvency proceedings under the CCAA and Bankruptcy and Insolvency Act (BIA), while additionally offering wealth management and outplacement services.

Product overview

GlassRatner is a financial advisory and restructuring consulting firm that operates as a single unified service offering rather than a platform-plus-modules architecture. The company provides integrated professional services across five core practice areas: Financial Advisory & Restructuring (including formal insolvency proceedings, turnaround management, fraud forensics), Corporate Finance (M&A, debt/equity financing, business valuations), Executive Search & Interim Management (permanent placements, interim leaders, fractional executives), Human Capital Advisory (organizational development, compensation, coaching), and Wealth Management. Services are delivered through experienced professionals rather than software products, with recent notable work including court-appointed receivership for Pathfinder Energy Ltd. and MCK Energy Inc.

Differentiator

Problem solved

Functional benefit

Products and services

• Financial Advisory & Restructuring Comprehensive restructuring and advisory services for businesses in financial difficulty, including formal insolvency proceedings under CCAA and BIA, turnaround management, stressed and distressed transactions, business modelling and analytics, and fraud forensics and asset recovery.
• Corporate Finance Financial advisory covering debt financing, equity financing, mergers and acquisitions, business valuations, and divestitures for clients ranging from owner-managed businesses to multinational corporations.
• Executive Search & Interim Management Executive and leadership search services, interim management for short-term leadership gaps, and fractional executives providing part-time strategic guidance for organizations across industries.
• Human Capital Advisory Advisory services including organizational alignment, executive and employee compensation, performance management, talent retention, executive coaching, and leadership development.
• Wealth Management Financial planning services for individuals and business owners, including group benefit consulting.
• Receivership Services Court-appointed receivership services for companies in financial distress, including formal sale and investment solicitation processes, asset sale processes, and stakeholder management.

Quantifiable outcome

• Preserved approximately 30 jobs through successful asset-based bridge loan that avoided liquidation
• +1 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• BTG Global AdvisorycoreStrategic or Co-development PartnerGlassRatner is the exclusive Canadian member of BTG Global Advisory, one of the world's largest independent financial advisory alliances. This partnership provides access to professionals on every continent for cross-border assignments involving profit improvement, insolvency and restructuring, mergers and acquisitions, and forensic accounting. BTG Global Advisory specializes in advising companies experiencing financial challenges and distress.
• IIC PartnerscoreStrategic or Co-development PartnerGlassRatner is the exclusive Canadian partner of IIC Partners, an international executive search organization ranked among the world's top 10 alliances of executive search firms. IIC Partners has over 55 global offices, enabling GlassRatner to provide executive recruitment services worldwide with consistent expertise and methodology.

Scale indicators3 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Alvarez & Marsal: Global restructuring and turnaround advisory firm with deep insolvency, performance improvement, and disputes practices. Direct competitor for court-appointed receiverships, CCAA work, and distressed M&A mandates that GlassRatner targets.
• AlixPartners: Performance improvement and turnaround firm with strong restructuring and insolvency credentials. Direct peer for distressed advisory, creditor-side mandates, and operational turnaround work in Canada and internationally.
• FTI Consulting: Major global advisory with a prominent Corporate Finance & Restructuring segment plus disputes and strategic communications. Competes with GlassRatner on cross-border restructuring, interim management, and forensic engagements.
• MNP LLP (Insolvency & Restructuring): Leading Canadian professional services firm with a large national insolvency and restructuring practice. Direct competitor for court-appointed receiverships, CCAA proposals, and mid-market distressed mandates across Canada.

Broad incumbents

• Deloitte Restructuring (Canada): Big 4 restructuring practice offering CCAA/BIA advisory, forensic accounting, and M&A services. Competes with GlassRatner for mid-market Canadian distressed mandates while also serving enterprise clients.
• PwC Canada (Deals & Restructuring): Big 4 advisory with a Corporate Restructuring practice and cross-border M&A capability. Competes with GlassRatner for larger distressed mandates and international restructuring assignments.
• BDO Canada (Restructuring & Turnaround): Canadian accounting and advisory network offering restructuring, corporate finance, and human capital services. Competes with GlassRatner on owner-managed and mid-market distressed mandates, particularly in Western Canada.
• Ernst & Young (EY-Parthenon, Canada): Big 4 strategy and transactions practice offering turnaround, restructuring, and corporate finance services. Overlaps with GlassRatner on mid-market distressed advisory and transaction support engagements.
• KPMG Restructuring (Canada): Big 4 advisory with formal insolvency and restructuring capability. Competes for receivership and corporate finance mandates while offering broader audit-adjacent services that GlassRatner does not.

Emerging players

• Robert Half (Executive Search): Global staffing and executive search firm with strong Canadian presence. Competes with GlassRatner's Executive Search & Interim Management practice for senior finance, accounting, and interim management placements.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks4 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GlassRatner Restructuring