• 100 Sheppard Avenue East, Suite 870, North York, ON, M2N 6N5
Areas of Expertise
  • Mergers & Acquisitions
  • Transaction Valuation & Negotiation
  • Private Equity & Buyouts
  • Turnaround & Restructuring
  • Operational & Corporate Strategy
Education
  • Bachelor of Commerce (BComm), University of Toronto
  • MBA, Richard Ivey School of Business, University of Western Ontario

Raffi is a seasoned executive with a 30+ year career spanning M&A advisory, operational leadership, and entrepreneurship. He began in the Big 4 world, in audit and consulting at Deloitte and KPMG, before moving into investment banking at Morgan Stanley as a Vice President — executing M&A and corporate finance transactions and leading financial modeling, valuation, due diligence, and board-level advisory across technology, media, consumer, and mining.

Raffi has also lived the deals he once advised on. As COO and EVP of TerraVest, a publicly traded fund investing in SMEs, he directed M&A strategy end to end and led the turnaround of a distressed portfolio company as interim CEO. He went on to found and scale three consumer products companies from inception to national distribution. This combination of advisor, acquirer, and operator experience lets Raffi see a transaction from every side of the table — the diligence that protects value, the integration that realizes it, and the operational discipline that sustains it. With Sapling, he leads engagements for private equity and corporate clients across our full range of services. He holds an MBA from the Ivey School of Business.

Outside of work, Raffi stays active at the gym, enjoys reading, cooking, and travelling, and spending time with his two boys.

Let’s Talk
  • Net Working Capital Pegs in M&A
    • June 11, 2026
    • Mark Anthony Drmac

    The most intense M&A negotiations usually occur when the purchase price is the focus of the discussion. This is especially true when dealing with items that can lead to a price adjustment after closing the transaction. When a buyer agrees to purchase a business from...

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    How Automation And BI Redefine Financial Services And Operations
    • May 19, 2026
    • Nargol Lotfizadeh

    In the fast-paced world we live in today, data sits at the core of everything. Organizations are turning to automation and business intelligence more than ever to stay competitive. Automation focuses on streamlining routine tasks and unlocking deeper insights - allowing teams to dedicate their...

Why Sapling?

Sapling offers specialized financial and analytic tools designed for scaling companies, aiming to foster growth through strategic decision-making. We work tirelessly to provide you with reliable and timeless financial solutions that positively impact your goals.