Province announced it has acquired StoneTurn in a strategic move aimed at creating a more fully integrated advisory platform as corporate matters increasingly blend financial distress, disputes, investigations, and regulatory risk.
The deal combines Province’s work in restructuring, interim management, capital markets, and litigation support with StoneTurn’s expertise in disputes, investigations, and risk advisory services, positioning the combined firm to support clients facing multi-dimensional issues that require aligned financial and legal strategies.
Province framed the acquisition as a step toward simplifying how corporations and their legal counsel manage complex matters by bringing investigative, compliance, and dispute work together with restructuring and financial advisory services under one platform. The firm said the combination is intended to improve continuity from early-stage investigation through recovery or remediation, reduce friction and information loss from advisor hand-offs, and accelerate decision-making by coordinating financial and legal approaches in real time.
StoneTurn, founded in 2004, has advised more than 95% of the AmLaw 100 and more than half of the Fortune 100, as well as government agencies, according to the announcement. Province said StoneTurn’s work on high-profile investigations and disputes globally, including more than 30 monitorships, will add credibility and independent judgment to the broader platform. StoneTurn was previously backed by MML Capital Partners, which Province said supported the firm’s expansion in talent, global presence, and practice areas.
The combined organization will include more than 300 professionals across 19 offices on five continents, with experience in more than 100 countries. Province said the firm will continue to operate with a practitioner-led, client-first model that it described as largely free of institutional conflicts, and will focus on delivering greater speed, coordination, and insight at the intersection of financial, legal, and operational risks.
Support: Jefferies served as the exclusive buy-side advisor to Province, and Clearsight Advisors served as the exclusive sell-side advisor to StoneTurn. Province also noted that the acquisition builds on the thesis of Trivest’s partnership with Province, which began in 2024.
KEY QUOTES:
“Our clients are increasingly facing situations where investigations, disputes, and financial distress converge. By bringing together Province’s restructuring and financial advisory capabilities with StoneTurn’s complementary best-in-class investigative and forensic expertise, we are building a platform designed to address multi-faceted business challenges on a global basis.”
Paul Huygens, Chief Executive Officer, Province
“What stood out immediately in our discussions with Province was the strong cultural alignment. Both firms share a commitment to senior-led execution built upon decades of experience, and delivering trusted advice in the most challenging situations. Together, Province and StoneTurn can support our clients with broader capabilities without sacrificing the agility and personal attention that define how we work.”
Brad Wilson, Managing Partner, StoneTurn
