CARROLL D. HURST, CPA
Principal
churst@kshgs.com
(804) 273-6204
VCard
Carroll
Hurst is a founding partner of Keiter, Stephens, Hurst, Gary & Shreaves
and a Director of Keiter Stephens Advisors. For more than 30 years, Carroll
has provided audit, tax, and consulting services to privately-owned business
organizations, estates, trusts, and foundations.
Carroll works in the following service areas:
• Mergers and acquisitions
• Strategic
planning, business succession and estate planning
• Structuring equity and debt financings
• Troubled debt restructuring
• Employee benefits and executive compensation, including
consulting concerning various stock and cash incentive plans
Carroll represents numerous closely-held businesses in the foodservice distribution, manufacturing, construction, retail, wholesale, and
service industries, as well as private equity and venture capital funds.
Many of these businesses are second and third generation family owned and
operated businesses.
Carroll’s services in the mergers and acquisitions area include valuation,
interaction with other investment banking firms and law firms during all
stages of negotiations, structuring transactions, tax planning and modeling
of after-tax cash flows from various transaction structures, due diligence
assistance, and negotiation of various terms of the transaction. During
2007, he worked on the sales or acquisitions of 14 clients’ businesses.
Carroll also regularly assists clients with debt and equity capital raising
instruments. These services include valuation assistance in the structuring
of the entity and the terms of the debt or equity, the review of legal agreements
related to these transactions, and negotiations of transaction terms on
behalf of clients. During 2007, he worked on debt and equity capital raising
transactions involving seven clients’ businesses.
In the 2005-2007 surveys conducted by Virginia Business magazine,
Carroll was named one of Virginia's Super CPAs. He speaks regularly on mergers
& acquisitions issues and business succession planning.
Professional Activities and Civic
Associations
• American Institute of Certified Public Accountants
• Virginia Society of Certified Public Accountants
• Commonwealth of Virginia Venture Capital Roundtable
• Business Finance & Turnaround Association
• William Byrd Community House, Past Treasurer
• Voices for Virginia’s Children and Youth,
Former Treasurer
• Richmond Ballet, President and Board of Directors
• Henrico County Industrial Development Authority
Business Retention Committee
• Lower Fan District Civic Association, Past President
• Association for Corporate Growth, Richmond Chapter, Vice President of Membership and Board of Directors
Education
Bachelor of Science in Accounting, summa cum laude, University
of Richmond
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