Craig Arends is a principal at CLA and is the managing principal of CLA's private equity practice. Craig brings a concentration of experience in providing accounting and transaction structuring advice for leveraged recapitalizations, purchase accounting and SEC reporting, assessing quality of earnings, and GAAP accounting. He has far-reaching experience with critiquing financial models and reviewing target companies' financial performance to identify cost reductions and/or operating efficiencies
Craig has more than 25 years of experience in public accounting serving public companies, private equity groups, and companies, including a term as principal in charge of a Big Four Capital Markets Group in Moscow, Russia. He has led financial accounting due diligence projects for private equity investor groups and venture capital funds, primarily in the technology, communications, and manufacturing industries, as well as assisting with Foreign Corrupt Practice Act matters ranging from investigation of payments made, validation of compliance with corporate policies, and review of proposed transactions to ensure compliance.
When not working, Craig enjoys excercising and watching any sports, but his most favorite our baseball, football and soccer.
Bachelor of Science in Business, Accounting, University of Minnesota
In the community
American Institute of Certified Public Accountants (AICPA)
Minnesota Society of Certified Public Accountants (MNCPA)
Association for Corporate Growth (ACG)
Resources and events
Media coverage 1/12/2022A Private Equity Firm Offers to Buy Your Business — What Should You Do?
Article 9/22/2021Take Your Business to the Next Level With Private Equity
Media coverage 1/26/2021TitletownTech, CLA Team Up to Help Wisconsin Entrepreneurs
Article 9/9/2020Tips for Private Equity Investments During COVID-19
Webinar 8/19/2020M&A in a Post-COVID World Webinar
Article 5/11/2020Navigating the Main Street Lending Program
Article 4/7/2020Decision Tree: Navigate COVID-19 Loan and Grant Options With Ease
Article 8/28/2019The Power of a Sell-Side Quality of Earnings Report for Investors