Areas of Expertise

  • Cash Flow Projections
  • Crisis Management
  • Financial Advisor
  • Interim Management
  • Turnarounds / Restructurings


  • Automotive
  • Manufacturing

Prominent Matters

  • Collins & Aikman – Financial Advisor to Major Customers
  • Fort Wayne Foundry – Court Appointed Receiver
  • Plastech – Financial Advisor to DIP Lender
  • Husqvarna - Financial Advisor Revised Manufacturing Footprint


  • MBA University of Chicago
  • BA University of Michigan 


  • 1 Year with Firm
  • 30 Years of Relevant Experience

Nancy Colah comes to GlassRatner (now doing business as B. Riley Advisory Services) after working with Alderney Advisors as a Managing Director. Alderney joined GlassRatner in Summer 2020. Ms. Colah is a seasoned executive with a broad, strategic background serving both in the C-Suite and financial consulting. Ms. Colah has expertise leading companies in transition: startups, high growth, restructurings and turnarounds. Through development of sound strategies and effective execution, she successfully maneuvers problems inherent in challenging situations.

As CFO at Detroit Thermal Systems, Ms. Colah led the startup of an automotive climate control manufacturer, ramping from zero to $300 million in sales and 700 employees in 30 months. She managed significant capital and startup expenditures, obtained financing and incentives, established all systems and policies related to finance and IT, and developed reporting and KPIs for management of operations. At GMA Cover Corp., Ms. Colah was hired as CFO by private equity to manage exponential growth and restructuring of international operations, US plants, and debt.

Prior to working as CFO, she was a Managing Director at BBK, Ltd. where she provided strategic crisis management advice to creditors, Fortune 500 companies and their distressed business partners. Ms. Colah also led due diligence and sale processes, improved profitability and negotiated contentious contractual situations, working with over 100 companies ranging in size from $20 to $2 billion. Before BBK, she led finance teams at General Motors on major initiatives such as healthcare cost control, operational divestitures, and program launches.

Ms. Colah received an MBA from the University of Chicago and a BA from the University of Michigan.

B. Riley Advisory Services works with lenders, law firms, private equity sponsors and companies of all types. Our Advisory Services are a unique mix of Valuation and Appraisal Services including asset-based lending (ABL) Valuations; Restructuring and Turnaround Management; Forensic Accounting and Litigation Support; Operations Management; Compliance, Risk & Resilience Services; and Transaction Support Services including Due Diligence and Quality of Earnings Reviews. B. Riley Advisory Services is the trade name for GlassRatner Advisory & Capital Group, LLC, Great American Group Advisory & Valuation Services, LLC, Great American Group Machinery & Equipment, LLC, and Great American Group Intellectual Property, LLC.