Kohl was inducted into the Ohio Foundation of Independent Colleges Hall of Excellence in 2009. Kohl and Szigethy won Mergers & Acquisitions’ M&A Mid-Market Award for Dealmakers of the Year in 2013. He was inducted into the Northeast Ohio Business Hall of Fame in 2014. Kohl earned the Harvard Business School Club of Northeastern Ohio George S. Dively Entrepreneurship Award in 2018.