Carroll D. Hurst, CPA


Carroll Hurst was a founding partner of Keiter in 1978 and is now aDirector at Keiter and Keiter Advisors, focusing on transaction consulting.Carroll applies his knowledge and expertise to provide transactionadvisory services to privately-owned businesses.

Carroll works in the following service areas:

Carroll represents numerous closely-held businesses in the food service distribution, manufacturing, healthcare, construction, retail, wholesale, and service industries, as well as private equity and venture capital funds.

Carroll leads the Firm’s Mergers and Acquisitions team. His services in the mergers and acquisitions area include valuation, interaction with 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. Carroll also regularly creates opportunities for clients with advice on 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.

Carroll is also actively involved in assisting startup companies from inception through the later stages of their businesses.

Carroll is a strong supporter of the Richmond Ballet serving as a past board member, president and treasurer. In addition, he is a past board member and president of the Richmond Chapter of the Association for Corporate Growth. He is also a past treasurer of William Byrd Community House.

Professional Activities and Civic Associations


University of Richmond
Bachelor of Science in Accounting, summa cum laude