Kevin A. Krakora
Senior Managing Director,
Mesirow Financial Consulting, LLC
353 N. Clark St., Chicago, IL 60654  |  312.595.8511  | 

Corporate Recovery

  • Extensive experience specializing in corporate turnarounds, debtor situations and financial restructurings
  • Extensive experience advising and working with companies to develop and implement turnaround plans, and with senior lenders in complex debt restructurings and financings
  • Actively works with financially distressed companies to address liquidity issues, develop cost containment programs, implement process improvements and improve profitability and has served as Chief Restructuring Officer
  • Has led numerous §363 sales processes in chapter 11 cases as well as business and asset sales in out-of-court situations
  • Advises debtors, secured and unsecured creditors, bondholders and equity investors regarding complex restructuring proceedings across multiple industries including airline, automotive, healthcare, agricultural business, manufacturing, consumer products, giftware and retail
  • Consulted in many high-profile matters, including Stant Corporation, Fluid Routing Solutions, International Bedding Corporation, Enesco Group, Best Manufacturing, United Airlines, MAIR Holdings, Budget Rent A Car, Midas International, Comdisco, Singer, FPA Medical Management, Elek-Tek, Office 1 Superstores, and numerous confidential engagements across multiple industries
Accomplishments
  • Led engagement team which earned the Global M&A Network's 2008 Deal of the Year (above $100 million) Award in the Manufacturing Products Sector for International Bedding Corp.
  • Led engagement team for Mesirow Financial Consulting, LLC which earned the Turnaround Management Association Chicago/Midwest Chapter's 2007 Large Transaction of the Year Award for Enesco Group, Inc. in conjunction with Mesirow Financial's Investment Bank division
  • Named among "People to Watch in 2004 – Restructuring Advisors" by Turnarounds & Workouts
  • Frequent speaker on restructurings with Turnaround Management Association and other industry events
Education
  • B.A., DePauw University
  • M.B.A., University of Illinois
Affiliations
  • Chicago/Midwest Chapter of Turnaround Management Association, vice president
  • Turnaround Management Association, member
  • American Bankruptcy Institute, member
  • Association of Insolvency and Restructuring Advisors, member
  • Connections for Abused Women and their Children, director