|
One of the Firm's founders, Mr. Krasoff is responsible for the strategic direction of the firm and marketing the firm's corporate finance and restructuring practice. Mr. Krasoff has led engagements for both public and private entities. The engagements for corporate finance have included sell-side advisory, buy-side advisory, valuation opinions, acquisition financings, and growth financings. The type of engagements for financial restructurings have included representation of debtors, distressed bondholders, buyers of distressed debt, lenders to distressed debtors, secured creditors and Official and Ad Hoc Committees. Mr. Krasoff has provided services in both upstream and downstream energy, real estate, extractive industries, manufacturing, environmental, distribution, health care, and retail industries. Representative engagements while at Chiron include Panaco, Inc. (Energy), Spirit Drilling Fluids (Energy Service), Texas Commercial Energy (Downstream Energy), All Star Gas (Downstream Energy), Renata Resort (Real Estate), Evans Industries (Manufacturing), Doctor's Hospital (Health Care) and Garden Ridge (Retail). Prior to joining Chiron Financial group, Mr. Krasoff was Chief Financial Officer of Texas Gypsum Industries, Inc., where he managed capital markets, acquisitions and divestitures, and general financial and accounting matters. In addition, he managed the acquisition of distressed debt in several strategic acquisition strategies. Mr. Krasoff gained considerable creditor bankruptcy experience while at Texas Gypsum through involvement on both creditor committees and as a distressed debt purchaser. Mr. Krasoff began his career at KPMG in the tax department. Mr. Krasoff moved into the real estate development business where he acted with several principals in the formation of over 40 corporate and limited partnership entities, principally in the Texas real estate market. The entities had original asset values in excess of $300 million. Mr. Krasoff gained significant experience in capital markets, creating diverse financing arrangements including the issuance of public bonds and in the placement of private debt and equity with major financial institutions. Mr. Krasoff is a member of Financial Executives International (FEI), Association for Corporate Growth (ACG), Turnaround Management (TMA), American Bankruptcy Institute (ABI), and other capital markets networks. Mr. Krasoff is a Member of the Board of Directors for the Houston Chapter(s) of both Financial Executives International and the Association for Corporate Growth. Mr. Krasoff received a Bachelor of Business Administration Degree (with Honors) in Accounting from the University of Texas at Austin in 1979, and attended the Graduate School of Business at the University of Texas at Austin. Mr. Krasoff has previously practiced as a Certified Public Accountant. | 