Founders Hires Mike McCraw to Lead Strategic Advisory Practice
BIRMINGHAM, Ala. (April 16, 2015) — Founders Investment Banking, LLC today announced that Mike McCraw has joined its firm as managing director of the newly formed Founders Strategic Advisory Practice. After a decade of advising business owners with transactions, Founders has developed vast knowledge and expertise on what makes a company sellable and how a premium valuation is achieved. Until now, Founders primarily served companies seeking a transaction within 6-18 months. This new team and service allows Founders to help clients plan and prepare for a transition or exit years in advance. Starting with an in-depth assessment process, Mike McCraw and his team will identify a company’s strengths and weaknesses and apply standard “best practice” financial and operational processes and management to help business owners mitigate risk, grow and increase enterprise value.
Mike has a wide range of financial and operational management experience. Prior to joining Founders, Mike led the Outsourced Services Practice Group at Warren Averett, one of the largest CPA firms in the Southeast. During his tenure in the CPA practice, Mike helped clients manage growth while increasing value. This was done through methodical work with clients to align personal goals with business pursuits.
“We could not be more pleased to have Mike join and lead this new team,” said Duane Donner, managing partner at Founders. “The strategic advisory services will provide incredible value to business owners both in short-term health and long-term value, and Mike is just the guy to lead this effort. His financial and operational management experience coupled with our knowledge of what makes a company valuable in the eyes of a buyer makes this a great combination.”
Before Warren Averett, Mike served as managing principal of the Birmingham office of a regional CPA firm he co-founded. Additionally, Mike has served as Vice President/CFO and COO of a construction company, CFO for a manufacturing company, and as a corporate accountant and controller for two hospitals.
Mike is a Certified Public Accountant (CPA) and has a Master’s of Business Administration from the University of Alabama at Birmingham. Mike received his undergraduate degree in Accounting from Troy State University.
About Founders Investment Banking, LLC
Founders Investment Banking (Founders) is a merger, acquisition & strategic advisory firm serving middle-market companies. Founders’ industry focus is oil and gas, software, internet, and digital companies located worldwide, as well as companies based in the Deep South across a variety of industries. Founders’ skilled professionals, proven expertise and process-based solutions help companies access growth capital, make acquisitions, and prepare for and execute liquidity events to achieve the owner’s specific financial goals. In order to assist Founders Investment Banking with securities related transactions certain Principals are registered investment banking agents of M&A Securities Group, Inc., member FINRA/SiPC. M&A Securities Group and Founders are not affiliated entities. For more information, visit www.foundersib.com.