Kevin A. Krakora
Senior Managing Director
Mesirow Financial Consulting, LLC

Chicago, IL
+1 312.595.8511

Corporate Recovery

  • Vast experience specializing in corporate turnarounds, bankruptcy situations and financial and operational restructurings

  • Extensive experience advising and working with companies to develop and implement turnaround plans and with senior lenders in complex debt restructurings and financings

  • Experienced in leading §363 sales proceedings 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 North American Petroleum Corp USA, Stant Corporation, Fluid Routing Solutions, Von Weise, International Bedding Corporation, Enesco Group, Best Manufacturing, United Airlines, MAIR Holdings, Budget Rent A Car, Midas International, Comdisco, Singer, and numerous confidential engagements across multiple industries
Interim Management
  • Served as Chief Restructuring Officer for Fluid Routing Solutions and Lake County Press
  • Actively works with financially distressed companies to address liquidity issues, develop cost containment programs, implement process improvements and improve profitability
  • Extensive experience leading companies through financial and operational restructurings and with the development and implementation of turnaround plans
Due Diligence Services
  • Provides buy-side due diligence assistance to financial and strategic purchasers
  • Advises prospective purchasers, lenders and private equity owners regarding quality of earnings, historical financial performance, industry competitiveness and operational performance and trends
  • Analyzes business plans, forecasts and projections for reasonableness and sensitivity to assumptions and historical trends
Accomplishments
  • Led engagement team which earned the Global M&A Network's 2010 Special Situation M&A Deal of the Year (above $100 million) Award for the reorganization and sale of Fluid Routing Solutions
  • Led engagement team which earned the Global M&A Network's 2009 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 and distressed M&A with Turnaround Management Association and other industry organizations
Education
  • B.A., DePauw University
  • M.B.A., University of Illinois
Affiliations
  • Chicago/Midwest Chapter of Turnaround Management Association, president-elect
  • Turnaround Management Association, board of trustees
  • American Bankruptcy Institute, member
  • Association of Insolvency and Restructuring Advisors, member
  • Connections for Abused Women and their Children, director
  • Chicago Sinfonietta, director