MICHAEL J. KRAWITZ
Chicago
Summary
C-suite executive/attorney experienced at combining financial sophistication, legal background, and operational expertise to build profitable enterprises. Over 21 years of experience in developing strategic financial and legal plans to scale businesses from regional players to nationally recognized brands. Expert at aligning financial and legal strategies with corporate goals to deliver long-term value for stakeholders.
Overview
30
30
years of professional experience
Work History
PRESIDENT
MKA CONSULTING
07.2013 - Current
- Developed strategic financial and legal plans to scale businesses from regional players to nationally recognized brands in a diverse range of industries, including restoration, in-home services, franchising, consumer retail, and food service
- Aligned financial and legal strategies with corporate goals to deliver long-term value and exit strategies for stakeholders
- Lead highly diverse teams for public, private and PE backed companies
- Incorporated systems and processes to align with growth strategy of stakeholders, helping second cookie dough franchise in United States to grow to 8 locations in first year of operation, ultimately resulting in sale to private equity investor
- Engaged by multiple businesses to analyze P&L statements, evaluate financial and legal models, develop strategies for profitable growth and sustainable financial performance facilitating strategic exits
- Expanded in-store lead generation program within 4th largest retailer in Canada to establish and launch new business to work as exclusive provider of bath remodeling services for Canadian Tire's retail customers
CHIEF OPERATING OFFICER
SERVPRO Team Luzzi
09.2023 - 11.2024
- Company Overview: Most recognized brand in the restoration industry owned by Blackstone Group’s Core Equity Partners Fund
- Responsible for the operations of 11 offices encompassing over 400 employees
- Focus of company includes providing janitorial, mitigation, demolition, and construction services
- Most recognized brand in the restoration industry owned by Blackstone Group’s Core Equity Partners Fund
- Increased revenue by 28% quarter-over-quarter by implementing a strategic commercial referral program and optimizing the financial and legal management of operations
- Collected $12MM in aged receivables by enhancing AR workflows, coaching teams on effective collection methodologies, and ensuring compliance with legal standards
- Developed protocols for monthly P&L reviews and site visits, ensuring financial accountability, legal compliance, and operational efficiency across 11 offices
PRESIDENT/COO
911 RESTORATION
03.2018 - 08.2023
- Recruited by 911 Restoration to restructure corporate office to focus on profitability and development and fulfillment of training and support programs for company's franchisees
- Responsible for implementation of franchise program, including creating brand strategy, on-boarding new franchisees, building franchise support infrastructure while accomplishing franchise roll-out program
- Grew franchise network from 42 to 254 units in four-year period
- Increased profitability by 31% in one year through financial restructuring and aligning departmental goals by eliminating redundant expenses and mitigating legal risks
- Grew royalty revenue by 68% over two years by optimizing the financial support infrastructure for franchisees and implementing rigorous financial and legal oversight
- Supported and supervised team of 26 franchise professionals, resulting in increase of systemwide revenue from $60MM to $400MM and gross revenue from $41MM to $110MM
CEO
LUXURY BATH LINERS, INC.
05.2004 - 07.2013
- Recruited to transform family-owned manufacturing and distribution company to national enterprise
- Responsible for franchise development including sourcing franchises, negotiating key agreements, and assisting in site location, grand opening, and ongoing operations
- Grew business from 8 locations to over 200 in six-year period; facilitated hiring and training management
- Facilitated transition to private equity ownership, participating in roll-over as CEO of new entity
- Received industry wide recognition for building network which included largest companies in remodeling industry
MANAGING PARTNER
KRAWITZ & ASSOCIATES LTD.
01.1995 - 05.2004
- Managed legal firm specializing in working with private equity interested in acquiring closely held corporations and franchisors
- Responsible for identifying, evaluating, and executing new investment opportunities and supporting client’s portfolio company strategies
- Provided oversight and direction for four attorneys and two support/clerical staff
Education
Juris Doctor -
UNIVERSITY OF ILLINOIS COLLEGE OF LAW
Bachelor of Arts - Political Science
UNIVERSITY OF ILLINOIS
Skills
- Leadership team building
- Organizational leadership
- Strategic planning
- Operational excellence
- Business development
- Capital and resource management
Professional Highlights
- Engaged by PE investors to develop a financial and legal strategy that resulted in a successful 9X EBITDA exit for stakeholders in the food industry, overseeing expansion from a single corporate location to 14 locations within two years.
- Facilitated growth of mall kiosk and store program for Zagg (NASDAQ: ZAGG), expanding from 40 to 108 mall based locations.
- Managed $125MM P&L for PE investor and ensured legal compliance across corporate-operated locations for a premier women's salon chain.
- Negotiated and structured over 600 leases with mall operators across the US and Canada.
- Developed global financial and legal strategies that enabled the expansion of BrowArt23 from 3 to 226 locations, positioning it as the largest eyebrow threading franchise in the US while ensuring compliance with local and federal regulations.
- Expanded franchise organization of in-home service provider from 103 to 240 locations, while growing franchise system wide revenue from $60MM to $400MM.
- Engaged by 7-Eleven, Inc. executive management team to transform world’s 5th largest franchise network into a progressive franchise program for 7,500 locations being renewed by 2020.
Timeline
CHIEF OPERATING OFFICER
SERVPRO Team Luzzi
09.2023 - 11.2024
PRESIDENT/COO
911 RESTORATION
03.2018 - 08.2023
PRESIDENT
MKA CONSULTING
07.2013 - Current
CEO
LUXURY BATH LINERS, INC.
05.2004 - 07.2013
MANAGING PARTNER
KRAWITZ & ASSOCIATES LTD.
01.1995 - 05.2004
Bachelor of Arts - Political Science
UNIVERSITY OF ILLINOIS
Juris Doctor -
UNIVERSITY OF ILLINOIS COLLEGE OF LAW
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