RX in Toronto?
What are the best shops for RX in Canada? Heard there's only a couple active MDs who do RX and they're both at the same Big 5.
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Based on the most helpful WSO content, restructuring (Rx) in Canada is a smaller market compared to the U.S., and there are indeed fewer active Managing Directors (MDs) specializing in Rx. It has been noted that within Canada, the Rx space is dominated by a limited number of professionals, with some of the key players being part of the Big 5 banks.
If you're looking for top Rx shops in Canada, focusing on the Big 5 banks is a good starting point, as they house the most active MDs in this space. Additionally, global firms with a presence in Canada, such as Lazard or Houlihan Lokey, may also have Rx capabilities, though their focus might lean more towards M&A or other advisory services.
Sources: For Healthcare Bankers: Rx v OTC, 2018 best RX shops on the street?, High Profile IB MDs in Canada, Joey B: Here’s the deal | The Daily Peel | 3/3/22, Why You Should Consider Restructuring – Common Misconceptions/Insight on RX Groups
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