Founder | Managing Director
Mr. Krasoff is a founder of Chiron Financial and is responsible for the strategic direction of the firm and corporate growth.
Jay’s experience as CFO, CPA, and President have led him to success in challenging financial client engagements. His career as a trusted advisor and restructuring professional have resulted in over 30 speaking engagements and recognition as an expert in the field. With Chiron’s international growth, he now has clients that span from Houston to Paris to Zurich and continues to expand the business
Mr. Krasoff has led engagements for both public and private entities. His engagements for corporate finance have included sell-side advisory, buy-side advisory, valuation opinions, acquisition financings, and growth financings.
His engagements for financial restructurings have included representation of debtors, distressed bondholders, buyers of distressed debt, lenders to distressed debtors, secured creditors and Official and Ad Hoc Committees. Mr. Krasoff has provided services in both upstream and downstream energy, real estate, extractive industries, manufacturing, environmental, distribution, health care, and retail industries.
Prior to joining Chiron Financial Group, Mr. Krasoff was Chief Financial Officer of Texas Gypsum Industries, Inc., where he managed capital markets, acquisitions and divestitures, and general financial and accounting matters. In addition, he managed the acquisition of distressed debt in several strategic acquisition strategies. Mr. Krasoff gained considerable creditor bankruptcy experience while at Texas Gypsum through involvement on both creditor committees and as a distressed debt purchaser.
Mr. Krasoff began his career at KPMG in the tax department. Mr. Krasoff moved into the real estate development business where he acted with several principals in the formation of over 40 corporate and limited partnership entities, principally in the Texas real estate market. The entities had original asset values in excess of $300 million. Mr. Krasoff gained significant experience in capital markets, creating diverse financing arrangements including the issuance of public bonds and in the placement of private debt and equity with major financial institutions. He has also previously practiced as a Certified Public Accountant.
Education and Credentials
- Graduate School of Business at the University of Texas at Austin
- University of Texas at Austin, Bachelor of Business Administration (with Honors) in Accounting
- Certified Turnaround Professional (CTP)
- Certified Public Accountant (Inactive)
- Financial Executives International (FEI)
- Association for Corporate Growth (ACG)
- Turnaround Management Association (TMA)
- American Bankruptcy Institute (ABI)
- Member, Board of Directors for the Houston Chapters of FEI and the ACG