CHICAGO, IL--(MARKET WIRE)--Aug 21, 2008 -- MorrisAnderson is pleased to announce that Craig Pace has joined MorrisAnderson's Chicago office as a Consulting Manager.

"Craig has an impressive track record in finance, marketing and strategy," says Ken Yager, Managing Director. Adds Yager, "Craig's entrepreneurial spirit, combined with his middle market C-level experience, will be a great asset to the MorrisAnderson team."

Source: MorrisAnderson
Craig Pace Joins MorrisAnderson's Chicago Office ·  MorrisAnderson's website ·  Centre Health Partners website

Craig Pace has been an employee with or consultant to Fortune 500 companies, mid-sized enterprises and startup ventures, developing particular expertise in raising equity capital, developing and implementing strategic plans, and building organizations from concept to impact in their markets. A co-founding director of Ariel Savannah Angel Partners, an angel investment group based in Savannah, Ga., Pace has raised more than $26 million in funding for startup companies.

Before joining MorrisAnderson, Pace was a principal with Chicago-based Walker Sands Communications, a full-service marketing communications, public relations, and consulting firm. He was responsible for all financial matters, as well as for multiple client accounts in consumer food products, investment banking, healthcare, private equity, real estate and software.

Prior experience includes serving as CFO of a $20 million full-service aviation company, with responsibility for financial controls, reporting systems, planning, and budgeting for the company. He sought and delivered a funding source for a buyout of the company, obtaining an offer of nine times EBITDA.

Pace was also founder, CEO and CFO of OneTrace, an innovator in the geolocation industry. He raised angel funding for the company, licensed next-generation tracking technology from a national laboratory, secured valuable business partnerships, and ultimately sold the intellectual property.

Pace holds an MBA from Yale University, a master's degree in economics from the University of South Carolina and a bachelor's degree in business administration from Winthrop University, Rock Hill, S.C.

More about MorrisAnderson:

Chicago-based MorrisAnderson has offices in New York, Atlanta, Milwaukee, Los Angeles, Cleveland, Nashville and St. Louis. The firm's service offerings include performance improvement, financial advisory, investment banking, interim management, lender services, turnarounds, workouts, litigation support, valuation, information technology services, and insolvency services and wind-downs. MorrisAnderson emphasizes hands-on involvement for companies with $20 million to $200 million in annual sales. Now celebrating its 27th anniversary, the firm recently merged with Centre Health Partners, a management consulting firm specializing in financial and operational performance improvement services for the health-care industry. MorrisAnderson's new health-care division is based in Nashville, Tenn.

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