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October 16, 2015

TORONTO, October 16, 2015 - Leading global professional services firm Alvarez & Marsal (A&M) announced today the successful completion of a refinancing for IBI Group Inc. (TSX: IBG) (“IBI Group” or the “Company”). Headquartered in Toronto, IBI Group is a globally integrated architecture, planning, engineering, and technology firm with over 2,200 professionals around the world.

A&M advised on a $90 million senior secured credit facility involving a syndicate of banks.

As IBI Group’s exclusive financial advisor, A&M worked hand-in-hand with the Company’s management team to market, structure, arrange and negotiate the refinancing.

Scott Stewart, CEO of IBI Group, commented, “A&M was actively involved throughout a very competitive process. A&M helped us secure a favorable refinancing package that provides us with the flexibility to continue to execute upon our business plan. We are extremely pleased with the outcome and appreciated the market knowledge and transaction support that A&M delivered to this situation.”

About IBI Group
IBI Group (TSX:IBG) is a globally integrated architecture, planning, engineering, and technology firm with over 2,200 professionals around the world. For more than 40 years, its dedicated professionals have helped clients create livable, sustainable, and advanced urban environments. IBI Group believes that cities must be designed with intelligent systems, sustainable buildings, efficient infrastructure, and a human touch.

About Alvarez & Marsal
Companies, investors and government entities around the world turn to Alvarez & Marsal (A&M) when conventional approaches are not enough to activate change.

Privately-held since 1983, A&M is a leading global professional services firm that delivers performance improvement, turnaround management and business advisory services to organizations seeking to transform operations, catapult growth and accelerate results through decisive action.  Our senior professionals are experienced operators, world-class consultants and industry veterans who draw upon the firm's restructuring heritage to help leaders turn change into a strategic business asset, manage risk and unlock value at every stage.

When action matters, find us at alvarezandmarsal.com.

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Contact:
Rebecca Baker, Chief Marketing Officer
Alvarez & Marsal, 212-759-4433