Josie Parisi, CBV, CIRP, CPA, CA, LIT
Partner and Senior Vice-President Financial Advisory Services
Executive summary
Josie is a Partner with BDO and specializes in corporate restructuring and due diligence. She joined BDO Canada Limited in January 2010 and is a member of the financial restructuring and transaction service teams in Toronto, Canada. Ms. Parisi has over 15 years of experience providing restructuring, due diligence, divestiture, consulting, and valuation services to middle-market companies.
Career and Employment History
Formerly a Senior Manager and Vice President with a national accounting firm.
Provides debt restructuring and refinancing assistance to secured lenders and debtors, including providing strategic advice and executing such, preparation of business reviews and assessments for companies of varying sizes and across various industries; analyze and prepare financial projections; liquidating assets of debtor companies in default of their security agreement, Acting as monitor in CCAA and other troubled company situations Involved in Division I Proposal filings, Provided transaction support and due diligence services for transactions across various industries. Deal sizes ranged from $5 million to $1.5 billion.
Led a team of professionals in a complex transaction involving divesting an entity to a competitor and performing due diligence on the competitor. The sellers' proceeds were $1.5 billion based on a combination of cash and an equity interest in the combined competitor/seller's company.
Prepared business valuations and pricing analyses for various purposes including acquisitions, succession planning, share restructuring, matrimonial disputes and for tax purposes.
Successfully defended against Canada Revenue Agency, the valuation conclusion of an international steel service center resulting in minimizing taxes payable by approximately $10 million.
Formerly the Advanced Business Valuations Course Leader for the Canadian Institute of Chartered Business Valuators.
Professional affiliations
Canadian Institute of Chartered Accountants
Canadian Institute of Chartered Business Valuators
Canadian Association of Insolvency and Restructuring Professionals
Turn Around Management Association
International Women's Insolvency & Restructuring Confederation
Professional designations and education
Canadian Association of Insolvency and Restructuring Professional (CIRP), 2006
Chartered Business Valuator (CBV), 200
Chartered Accountant (CA), 1997
Honours Bachelor of Business Administration – University of Windsor, 1994