Baker Tilly Canada launches corporate finance group
Baker Tilly Canada has launched a national corporate finance service line – formed out of Vancouver-based Renaissance Mergers & Acquisitions.
Though Renaissance is rebranding to “Baker Tilly Canada Corporate Finance,” the firm will remain an independent member firm of the Baker Tilly Canada co-operative, and will maintain complete autonomy in its day-to-day and long-term management.
“Again, to clarify, the buy- and sell-side transaction services our clients trust and the staff they engage with will not change. We will simply be able to provide our transaction expertise nationwide and offer additional services now to those interested (such as accounting or tax support etc.) via our network connections,” wrote Mike McIsaac, managing partner of Renaissance, on the firm’s LinkedIn page.
Founded in 2013 by McIsaac, Renaissance focuses on supporting small- and mid-market clients ($5 million to $50 million in annual revenue) with transaction advisory services. The firm’s team of nine employees deliver sell-side advisory (internal due diligence, valuation, marketing, negotiation & deal structuring, documentation & closing) and buy-side advisory (research, due diligence, valuation, letter of intent, negotiation & deal structuring, documentation & closing).
The firm’s previous engagements include sell-side advisory on the sale of the Vancouver College of Massage Therapy, the Pacific Institute of Culinary Arts, Loki Management Systems, and Postmark Brewery.
McIsaac has more than 25 years of experience in transaction advisory and public accounting. A chartered professional accountant, McIsaac previously worked at BDO and Walsh King Chartered Accountants. He is also an entrepreneur, having previously owned a Vancouver-area gym and a specialized construction firm.
"Our highly experienced and devoted team focuses on a segment of the market that does not usually receive attention from global consulting networks or business brokers," McIsaac said.
The Collins Barrow accounting and consulting co-operative rebranded to Baker Tilly Canada in early 2019. The 20 constituent firms of the network retained their autonomous ownership and management under the rebrand.
The national network is further a part of Baker Tilly International, which has 34,700 people in 145 territories.
"The Baker Tilly Canada Corporate Finance team is the perfect fit for our network," said Grant Galbraith, national chair of Baker Tilly Canada. "This group's entrepreneurial mindset and dedication to the provision of outstanding service is in keeping with the approach of not just our Canadian association, but that of our global network, Baker Tilly International."
