B. Riley Farber and GlassRatner Acquired by TorQuest Partners

In a notable strategic acquisition, Toronto-based private equity firm TorQuest Partners has purchased B. Riley Farber Advisory Inc. and GlassRatner Advisory & Capital Group. This move marks a pivotal milestone, promoting the rebranding of B. Riley Farber under the GlassRatner name in Canada, while integrating Canadian operations wholly into the new entity. The acquisition aims to enhance service capabilities across Canada and the U.S., supported by the C$2.3 billion TorQuest Partners Fund VI. With a robust reputation in financial advisory services, GlassRatner offers a wide array of services including restructuring, forensic accounting, and litigation support. The merger is geared towards promoting growth and innovation in the advisory industry, backed by funding flexibility and operational independence. Leaders from both firms emphasize shared core values and a commitment to client service as pivotal to the deal's strategic importance.