Our Chairperson, Gregory Kniss, CPA, Restaurant Practice Principal, Jean Hagan, and M&A and Capital Markets Principal, Paren Knadjian are attending the Restaurant Finance & Development Conference. The conference takes place from November 14th-16th and will be held at the Wynn Hotel in Las Vegas. Our team will be networking and attending sessions on topics such Read the full article…
Paren Knadjian
The State of California is Poised to Overtake Germany as World’s No. 4 Economy
California residents are used to hearing, and oftentimes experiencing, negative consequences for living in the Golden State. Whether it be earthquakes, forest fires, homelessness, or drought, we also seem to be surrounded by a stream of news about businesses fleeing California for the lower tax and regulation-lite states of Texas, Nevada, or Arizona. However, contrary Read the full article…
The Merits of Partial Sale and Rollover Equity
Introduction to Rollover Equity When business owners are considering the sale of their business, they tend to make two assumptions that limit their options – sell to a strategic buyer and sell 100% of their company. Let’s look at the first assumption. It is true that many M&A deals involve the sale of one corporation Read the full article…
Press Release: KROST Acts as Exclusive Financial Advisor for American Range in Sale to Hatco
Los Angeles, California – American Range, a privately held manufacturer of commercial and residential cooking appliances, was sold to Hatco, an employee-owned manufacturer of warming, cooking, sanitizing, and cooling equipment. KROST CPAs & Consultants acted as the exclusive financial advisor to American Range in its transaction to Hatco Corporation. American Range was founded over 40 Read the full article…
Press Release- KROST Announces Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax
LOS ANGELES, CA [July 28, 2022] — Los Angeles-based CPA Firm, KROST CPAs and Consultants announced Paren Knadjian as Principal of M&A and Capital Markets and Brad Pauley as Principal of Tax. Paren Knadjian has successfully completed over 200 M&A and Capital Markets transactions worth over $1 billion. Having been at the firm since 2017, Read the full article…
Paren Knadjian to Guest Speak at Ask the Experts
Our M&A and Capital Markets Principal, Paren Knadjian, will be a guest speaker at the upcoming Ask the Experts event hosted by SBA Orange County / Inland Empire District Office. The event will take place online on Tuesday, August 2, 2022, from 2pm-3pm PDT. There will be a live Q&A session for all attendees to Read the full article…
[WEBINAR] Alternative Ways To Sell A Business
Join us for our complimentary webinar on Alternative Ways to Sell a Business. When most business owners consider the sale of their company, they normally think of a 100% sale to a competitor or strategic buyer. Whilst this is an option, it is, by no means the only one. Other options include a majority (but Read the full article…
KROST Predicts Another Record Year of M&A Advisory in 2022
KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. “We were involved in 21 buy-side and sell-side transactions in 2021”, said Paren Knadjian, Head of M&A and Capital Markets at KROST, “most of the time as the exclusive financial advisor. We have Read the full article…
Press Release – KROST Posts Record Year of M&A Advisory in 2021, Expects Trend to Continue in 2022
Los Angeles, January 19, 2022 – KROST CPAs and Consultants reported a record year of M&A advisory work in 2021 and expects to remain equally busy in 2022. “We were involved in 21 buy-side and sell-side transactions in 2021”, said Paren Knadjian, Head of M&A and Capital Markets at KROST, “most of the time as Read the full article…
Significant Changes to the Economic Injury Disaster Loan (EIDL) Program Announced by the SBA
The EIDL is a loan directly from the SBA that offers a low-interest, fixed rate, long-term loan that is available to businesses that were impacted by the pandemic. Unlike the PPP, the EIDL must be repaid and cannot be forgiven. Below are the updates to the EIDL program: Maximum loan amount increased from $500,000 to Read the full article…