On May 20, 2026, KSV Advisory Inc. ("KSV"), one of Canada's leading restructuring advisory boutiques, entered into a definitive agreement with AlixPartners, LLP ("AlixPartners"), the New York-headquartered global consulting firm and leader in turnaround and restructuring services, pursuant to which AlixPartners would acquire the business and assets of KSV. The transaction closed on June 1, 2026, and financial terms were not disclosed.

Founded in 2015 and led by Co-Founder and President Bobby Kofman, together with David Sieradzki, Mitch Vininsky and Noah Goldstein, KSV provides restructuring advisory and formal insolvency services to corporates, law firms, lenders, creditor groups and other stakeholders. KSV operates under the names KSV Advisory Inc. and KSV Restructuring Inc. and is regularly appointed as Court Officer under Canadian restructuring legislation. KSV has acted on numerous high-profile Canadian and cross-border mandates, including LoyaltyOne, Sandvine, Eddie Bauer, Claire's and Discovery Air.

The acquisition is AlixPartners' first investment in the Canadian market and establishes a direct physical presence for AlixPartners in Toronto and Calgary. Upon closing on June 1, 2026, all members of KSV's restructuring practice joined the AlixPartners Turnaround & Restructuring Services Americas practice. David Sieradzki, Mitch Vininsky and Noah Goldstein joined as Partners and Managing Directors, and Bobby Kofman transitioned to Senior Advisor and board member of the Canadian practice. KSV Advisory Inc. and KSV Restructuring Inc. have been renamed AlixPartners Advisory, Inc. and AlixPartners Restructuring, Inc., respectively, effective June 1, 2026, with court orders being sought in the relevant provinces to substitute the renamed entities in KSV's existing court appointments.