KPMG announced today that Kevin A. Krakora has recently joined the group’s restructuring practice as a principal. With nearly 25 years of restructuring and turnaround experience, Krakora comes to KPMG in Chicago from Mesirow Financial Consulting, where he was a senior managing director in its Restructuring practice since 2004. Previously, Krakora was a principal in KPMG LLP’s corporate recovery practice prior to the practice’s acquisition by Mesirow. Krakora is a Certified Turnaround Professional.
Also joining Krakora in the Restructuring group from Mesirow is Michael McCoy, Senior Associate. Joining KPMG Corporate Finance LLC, also from Mesirow, is Jonathan Weinberg, Director.
According to Phil Isom, head of KPMG Corporate Finance LLC and Restructuring, “We are extremely excited to have Kevin and his team join KPMG’s Corporate Finance & Restructuring practice, with their deep experience and track record of success in business transformations, corporate turnarounds, bankruptcy situations and financial and operational restructurings. They are an excellent addition to our Restructuring and Special Situations teams as well as our overall platform.”
“I am excited to join the KPMG team and look forward to growing the Restructuring practice by leveraging the resources and expertise of the KPMG Deal Advisory platform,” added Krakora. “In addition to our core restructuring capabilities, KPMG offers a suite of services including operations and performance improvement, special situations advisory, transaction services and corporate finance.”
The U.S. Restructuring Group is a part of a global team of more than 1600 professionals in 32 countries within KPMG International’s network of independent member firms, focused on developing and implementing solutions in stressed, distressed and insolvent situations.
The platform of global Corporate Finance practices of KPMG International’s network of independent member firms (KPMG Corporate Finance) have been ranked collectively as a top global mid-market advisor based on total deal volume announced in 2014, according to Thomson Reuters SDC. KPMG Corporate Finance firms operate in 155 countries with over 2,600 professionals who are able to meet the needs of clients across the globe.