Investment bankers Jay Krasoff and Scott Johnson have formeda new investment banking firm, Chiron Financial LLC, Oil & Gas Financial Journal reported.

Houston-based Chiron Financial arranges private placements ofdebt and equity capital, manages asset sales and mergers and providesvaluations and financial advisory services to middle-market companies.

Krasoff and Johnson both are managing directors at thecompany. They are joined by associate Colby Gibbins.

Chiron Financial LLC is a successor to Chiron FinancialGroup Inc., which was founded by Krasoff, and Weisser Johnson & Co. andGasRock Capital LLC, which were co-founded by Scott Johnson, according to the company website.