San Francisco, CA, September 26, 2018 --(PR.com
)-- Michael A. Krafft, Managing Partner and Chief Executive Officer of M&A Media Group (M&AMG) and Philip B. Auerbach, President and Founder of the Auerbach Global-Impact Foundation (AGIF) have announced the appointment of Michael A. Krafft to the organization’s Board of Directors and as its Treasurer.
“I am delighted to welcome Mr. Krafft,” Philip Auerbach said. “The range of experience and talents that Michael brings to the Board will do much to advance progress towards our strategic goals in advancing the missions of all nonprofits.”
Michael A. Krafft is an investment banker and Managing Partner/Chief Executive Officer of M&A Media Group, LLC. He is also Founder and Chairman of Global Center for Economic Enabling Environments (GCEEE), and Chairman of Emerging Market Capital Partners. For more than 25 years, Mr. Krafft has built deep relationships with leading strategic and institutional investors, private equity funds, funds of funds, hedge funds and venture capital firms. His expertise and network have enabled local growing companies to directly obtain capital, strategic direction and sound financial principles. Mr. Krafft has led nearly 150 joint venture agreements, mergers and acquisitions across the media and communications sector. As an executive at Metromedia, he helped create global cluster strategies in Asia, Latin America, the CEE, the former Soviet Union, and Central Asia. He also spent eight years in global assignments prior to his appointment as Vice President, Corporate Development for TIW and was based in Prague directing new venture development. During his time abroad, Mr. Krafft was also a board member of the Russian National Orchestra. Mr. Krafft brings over 10 years' experience of non-profit governance experience as a senior member of the Board of Directors of Foundation for Sustainable Development and GCEEE. He holds a BA degree from DePaul University and an MBA in International Finance from the Thunderbird School of Global Management. Mr. Krafft is presently completing a PhD from Saybrook University in organizational systems on the impact of foreign direct investment on poverty in emerging markets.
“I am extremely honored to be part of the AGIF and embrace my new role as AGIF’s Board Member and Treasurer. I am grateful to be in a position to advance the missions of all other nonprofits because, of the 1.5 million nonprofits in this country alone, half will fail within three to five years,” Krafft said.
Founder Philip Auerbach advised, “Mike Krafft’s diverse expertise is key to launching the AGIF toward its goal of reducing the failure rate of half the nonprofits in this country and the world. He brings a wealth of knowledge, international experience, financial acumen and insights to guide our expansion.”
M&A Media Group, LLC (M&AMG) is a boutique investment bank that provides financial advisory services. It offers mergers and acquisitions advisory, divestitures, management buy-outs, debt and equity financing, fairness opinions, business valuation, and leveraged recapitalization consulting services. Additionally, the firm provides transaction due diligence, negotiation, and document preparation services. It caters to media, entertainment, communications, and information technology sectors. The firm’s clientele includes Discovery Communications, Alliance Atlantis Canada, BBC-America, CBS Corp, and CBS International. It partners with OTF Group, Monitor Group, Kaufman Foundation, and Canaccord Adams. M&AMG was founded in 1999 and is based Seattle, Washington with additional offices in San Francisco, California and New York, New York.
About the AGIF:
Just launched officially in late August 2018, the Auerbach Global-Impact Foundation (AGIF) advances and enables the missions of nonprofits worldwide and helps them increase their possibilities and opportunities. After registering in its Global Directory, a nonprofit can get donations; nationwide publicity; training by renowned experts in marketing, management, leadership and other areas; relevant private-sector resources; grants for this capacity building; translations of its listing, collateral or website; videos; and grants to broaden and deepen its impact in more communities.