Pasadena, California, October 20, 2017 – Award-winning, local accounting and consulting firm, KROST, announced the addition of Paren Knadjian who will head up the firm’s new M&A and Capital Markets service line as Practice Leader.
The addition of Knadjian comes as no surprise, as the firm is disrupting the industry with their remarkable growth over the last several years. Accounting Today named KROST a Top Firm to Watch and a 2017 Regional Leader for their outstanding growth of 24.55% in 2016. Inside Public Accounting named KROST 2017 Best of the Best firm, securing the firm’s spot as a national leader among regional firms for the second year in a row. In alignment with the momentum and direction of the firm, Knadjian is a natural fit for KROST, which is poised and ready to take on the next big chapter in their extensive history.
As a seasoned veteran in the industry, Knadjian brings 30 years combined experience in mergers and acquisitions having successfully completed over 50 transactions on both the buy and sell side, as well as equity and debt financing expertise. Additionally, he was CEO/COO of two Software as a Service (SaaS) companies and CFO to companies in the healthcare, marketing, e-commerce, and entertainment industries. He also has personal experience in M&A having co-founded two companies that were successfully sold to trade buyers.
The firm’s leadership is excited about the energy and enthusiasm Knadjian brings to the team and what this service line expansion will mean for existing clients and businesses in the area. While the firm’s growth pattern is consistent and strong, their core values and client-first focus remain the same as when the doors first opened in 1939.
“Strategically, we could not be happier to have Paren on board. While providing more services to our clients through the development of new practices is always our goal, we really waited until we were perfectly positioned and found the absolute best fit for the team,” said Greg Kniss, Managing Principal. “Paren brings a wealth of wisdom and knowledge to the firm, and his energy is unbelievable. He’s already hit the ground running. We are at ease knowing our clients’ needs and interests, as always, come first and they are in the best hands with Paren.”
“I am delighted to join a firm with such a stellar reputation and broad ambitions. Being a member of KROST’s talented team of experts across the board in tax, accounting, audit, and corporate tax incentives, I now have the ability to develop a new, elevated model of excellence in M&A advisory and professional consulting services,” remarked Paren Knadjian. “Throughout my career I have helped companies grow and thrive, and now I am thrilled to connect with KROST clients, present and future, to apply my knowledge and passion to their unique situation.”