Mr. Karpel has worked with clients across a range of industries, including consumer goods retail, resort hospitality and real estate, fitness and lifestyle, quick service restaurants, mining, oil and gas, and pulp and paper. His primary area of concentration is in providing turnaround and restructuring advice to corporations and their stakeholders.

Mr. Karpel specializes in assisting underperforming companies to improve both operational and financial performance. He has advised a broad range of clients, including corporate boards, executive management teams, secured creditors and lending syndicates. He has expertise in developing and evaluating strategic business and turnaround plans, implementing cash flow forecasting and cash preservation programs, conducting independent business reviews and viability assessments, and acting in court appointments under the Companies’ Creditors Arrangement Act (CCAA) and Bankruptcy and Insolvency Act (BIA).

Most recently, Mr. Karpel was engaged as the financial advisor and CCAA Monitor to Mav Beauty Brands and the financial advisor to the management team and board of a large agricultural trading business, where he led the restructuring of their syndicated debt facility and assisted the company with financial forecasting, business plan evaluation, as well as operational and working capital improvements.

Mr. Karpel’s other notable assignments include: financial advisor to the lending syndicates of a large multi-national vehicle manufacturer, an energy retailer, and a large pulp and paper producer; CCAA Monitor of McEwan Enterprises Inc., CCAA Monitor of Target Canada Co., financial advisor to Performance Sports Group, and providing treasury management consulting services to a large public energy company.

Mr. Karpel earned a bachelor’s degree in business administration from the Richard Ivey School of Business at the University of Western Ontario. He is a Chartered Professional Accountant (CPA, CA), Chartered Insolvency and Restructuring Professional (CIRP) and a Licensed Insolvency Trustee (LIT). He is a member of the Insolvency Institute of Canada (IIC) and the Turnaround Management Association (TMA) where he served on the Toronto Chapter's education committee. He was also a founding member and executive of the Young Restructuring Professionals Committee of Toronto (now the TMA's NextGen Committee).