Restructur Advisors Appoints Senior Advisor and Expands into Industrial Restructuring
Partners in Restructur Advisors leverage unique experience in cannabis, resources, technology, industrial manufacturing and biotechnology to restructuring distressed companies in various industrial segments
VANCOUVER, BC, CANADA – 2020 June 05 – Restructur Advisors, the world’s first turnaround and restructuring advisory firm with operational and restructuring experience in the global cannabis industry, is pleased to announce that Anthony Dutton will be joining the firm in the capacity of Senior Advisor to establish and develop key business relationships, provide strategic leadership support to clients and expand operations into other jurisdictions. With the addition of Mr. Dutton, Restructur Advisors is also pleased to announce an expansion of its restructuring services focus into additional industrial segments in which the team’s members have considerable operational experience and expertise.
“Having very quickly built an outstanding profile in the cannabis industry since our launch in February, we are responding to strong opportunity to leverage our unique combination of international operations, restructuring and finance experience to assist distressed companies in other industrial segments in which we have personal experience,” commented Blair Jordan, Managing Partner of Restructur Advisors.
Mr. Dutton’s arrival at Restructur Advisors heralds the launch of a significant expansion of Restructur Advisors’ focus in response to strong demand from various sectors of the North American economy currently in distress. Combining Anthony’s background and experience with the expertise among the existing partners, Restructur Advisors will launch coverage of the industrials sector, with a particular focus on the following industry segments:
· Industrial manufacturing
· Professional service providers
· Resource companies (forestry, pulp & paper, oil and gas)
· Electronic component manufacturing
· Biotechnology and Pharmaceuticals
These segments share intricate, often multi-national, value chains, a high level of operational challenge, regulatory complexity (licensing, defense procurement, environmental) and diverse capital structures – all of which play to the strength and experience brought by Restructur Advisor’s partners and Anthony Dutton as Senior Advisor.
Rob Hill, Partner at Restructur Advisors, notes “Anthony allows Restructur Advisors to deepen our relationships in the cannabis sector, as well as broadening our focus to multiple industrial segments. At this time of economic uncertainty and distress, Restructur Advisors is pleased to now provide our strategic advice and operational expertise to an even wider set of potential clients”.
“I’m delighted to support the work of the outstanding team at Restructur Advisors,” stated Dutton. “In this time of economic distress, the Canadian economy needs experienced sector-specific professionals who can guide companies through troubled times, bringing restructuring and finance expertise to the benefit all stakeholders.”
About Anthony Dutton
Anthony brings twenty years of senior leadership experience in public and private companies to Restructur Advisors. His expertise includes strategic leadership, financing, M&A, operational restructuring, and corporate governance. He also has broad industry experience, including in the cannabis, high tech industrial manufacturing, and oil and gas industries.
In his most recent role, Anthony was co-founder and CEO of Cannex Capital Group Inc. (“Cannex”). Cannex owned and supported premium indoor cultivation, extraction, manufacturing and branding of edible and derivative products as well as retail operations. The company had operations in Washington State and California. Understanding the increasing importance of the US cannabis market, Anthony led the company into one of the first mergers with an American multi-state operator in the cannabis industry, merging Cannex with Arizona-based 4Front Ventures Corp. (CSE:FFNT).
Prior to founding Cannex, Anthony was CEO, President and a director of IBC Advanced Alloys Corp. (“IBC”)(TSX-V:IB). IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. IBC manufactures parts and components for a variety of sophisticated end use applications, including the Lockheed Martin F-35 Joint Strike Fighter. While at IBC, Anthony was instrumental in completing an operational restructuring of IBC, building out the company’s sophisticated Engineered Materials Division, enabling IBC to become an important manufacturing partner on the Joint Strike Fighter project.
Anthony has a B.A. (Econ.) from the University of British Columbia, a M.Arch. from Dalhousie University and an MBA from the Cranfield School of Management in the UK.
About Restructur Advisors
Restructur Advisors is a turnaround and restructuring advisory firm dedicated to providing clients with impartial, experienced financial and operational restructuring expertise. We combine focused, operational industry knowledge with restructuring and financial experience. Restructur Advisors covers a variety of industrial segments and is the first restructuring and turnaround firm with experience in and a focus on the global cannabis industry.
Clients include insiders such as management, directors, and committee members, as well as external stakeholders such as independent committee members, creditors, debt holders, shareholders, and regulators. Restructur Advisors provides corporate and stakeholder strategic advice, interim and turnaround leadership, and transactional services alongside, and in tandem with, the other service providers working with distressed clients such as accounting firms, law firms, and investment banks.