Experts & Advisors
Mike Kennelly
Senior Managing Director

150 North Riverside Plaza, Suite 2400
Chicago, IL 60606
+1.312.212.6100 Main
+1.312.583.2707 Direct
+1.312.953.9397 Mobile
Mike Kennelly is the Global Business Co-Leader of Ankura’s Disputes & Economics group. He has served for over 40 years as an accounting, valuation, and transaction advisor to companies and investors engaged in buying or selling companies, placing debt, or making equity infusions, as well as assisting them in accounting for and valuing businesses, cash flow generating assets, intellectual property, and complex securities. Mike has significant experience providing expert consulting and testimony in valuation, solvency, ability to pay, damages, and financial and forensic accounting matters.
Experience
Mike has assisted companies with financial advisory issues throughout his career, including serving as the Chief Financial Advisor to companies and other constituents in financially challenging or distressed environments. Mike has presented his findings to management committees, regulators, and state and federal courts, including U.S. Tax Court, Delaware Chancery Court, U.S. Bankruptcy Court, and U.S. District Court.
Mike began his professional career with Arthur Andersen, where he served as Global Managing Partner of Strategic Valuation Services. In 2002, Mike was a founder of Huron Consulting Group, where he served as Regional Managing Director for the Central Region.
Examples of his professional experience include:
- Business valuations for a variety of purposes, including transactions (mergers, acquisitions, and divestitures), solvency analyses, analysis of related party transactions, accounting, capital planning, performance management, damages calculations, and other litigation purposes.
- Accounting analyses, including assessing and advising on the financial accounting treatment of transactions, restructurings, and restatements, as well as performing forensic accounting analyses for investigations, transactions, or disputes.
- Damages, solvency, ability to pay, and valuation analyses regarding transactions, post-transaction matters, disputes, and investigations.
- Due diligence, advisory and/or financial accounting services, including valuation and quality of earnings, for transaction purposes.
- Expert witness testimony in federal and state jurisdictions, including U.S. Bankruptcy Court, U.S. Tax Court, and arbitration proceedings, regarding damages and other financial, valuation, and accounting issues.
- Financial advisor in restructuring and distressed company matters, helping to develop, implement, and evaluate restructuring plans; record and review accounting transactions and monthly accounting processes; sell assets; restructure debt; stabilize crises; and perform forensic analyses of complex transactions.
- Education
- BA, University of Notre Dame
- Certifications
- Certified Public Accountant (CPA)
- Accredited Senior Appraiser (ASA)
- Accredited in Business Valuation (ABV)
- Certification in Distressed Business Valuation (CDBV)
- Certified Insolvency & Restructuring Advisor (CIRA)
- Certified in Financial Forensics (CFF)
- Affiliations
- American Institute of Certified Public Accountants
- Associate of Insolvency & Restructuring Advisors
- American Bankruptcy Institute
- Turnaround Management Association
- Illinois CPA Society