Partnership Will Help Province Accelerate Growth Plans and Increase Market Share

Province, a leading and nationally recognized restructuring and financial advisory firm, today announced a strategic capital investment from Trivest Partners (“Trivest”), a middle market-focused private equity firm with over $5.5 billion assets under management. In partnering with Trivest, Province is well positioned to accelerate its growth plans and further cement its position as a leading top-tier financial advisory and consulting platform with a diversified service offering.

Headquartered in Las Vegas, Nevada, Province offers a comprehensive suite of multi-disciplinary services designed to help institutional investors, debtors, creditors, and trustees navigate complex strategic, financial, operational, and legal challenges and opportunities. The company’s services are focused on creditor, investor, and corporate advisory, as well as performance improvement, trust & liquidation, and litigation services. Since its founding in 2008, the company has established itself as a leader in the restructuring and financial advisory space, operating out of 5 national offices and employing over 85 highly-skilled and specialized advisors. Province consistently ranks high in advisory league tables and has been recognized in numerous industry awards, most notably being named USA Turnaround Consulting Firm of the Year by the Global M&A Network in 2022.

“By leveraging our highly experienced team, strong technical talent base, broad network of trusted relationships, and results orientated culture, we have been able to advise on the most complex restructuring situations and establish Province as a leading player in the space,” said Peter Kravitz, Principal at Province.

“The team at Trivest immediately understood our unique vision and culture. Both their proven track-record working with founder-owned businesses and strong commitment to forging a genuine partnership throughout the investment process made partnering with them a natural choice. We are excited to work with them as we usher-in the next phase of our growth strategy,” added Paul Huygens, Principal at Province.

The capital investment comes after a period of significant growth for Province. While maintaining its industry-leading position in creditor advisory over the past 5 years, the company has also significantly enhanced its debtor advisory and institutional investor practices, expanded its geographic presence internationally into the UK and Canada, and built additional expertise across many end-markets, including healthcare and commercial real estate.

“We see incredible potential in the restructuring and financial advisory market and have been impressed by the professionalism, expertise, and reputation Province has developed in the space. Under their leadership, Paul and Peter have instilled a strong client-first culture predicated on winning and providing best-in-class services. The firm has all the hallmarks we look for in a partnership and we look forward to building upon their great successes to date,” said Mario R. Masrieh, Principal at Trivest Partners.

Clearsight Advisors served as exclusive financial advisor and GTC Law Group PC as legal advisor to Province, with Benesch, Friedlander, Coplan & Aronoff LLP serving as legal advisor to Trivest Partners.

About Province Province is a nationally recognized advisory firm that helps clients navigate complex strategic, operational, financial, and legal challenges and opportunities. Province provides a broad suite of multi-disciplinary services to clients across five key areas of practice: Corporate Advisory, Creditor & Investor Services, Litigation Services, Trust & Liquidation, Performance Improvement. With over 85 professionals, 5 offices worldwide, and a globally-diversified experience spanning across 48+ countries, Province delivers unparalleled results to its clients. For more information, visit https://www.provincefirm.com/.

About Trivest Partners Trivest Partners, headquartered in Miami with a presence in Charlotte, Chicago, Denver, Los Angeles, New York, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions. Learn more at www.trivest.com.

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