Who Needs Business Valuation Services?

Business valuations are performed because ownership interests in privately held companies often represent a significant portion of one’s estate and/or portfolio. The value, or worth of an interest in a privately held company, as opposed to stock in a public company, is usually unknown because there is no active market to sell or trade that interest from which to ascertain a value.

Value determinations are most commonly needed to calculate estate tax upon death, split up family assets in a divorce, or negotiate value in a purchase, sale, or merger of a business enterprise. Besides these, there are many other reasons why a holder of an interest in a privately held company might require a business valuation.

Valuations Can Be Performed For

• Family Law (Litigated, Mediated, Collaborative)
• Dissenting Shareholder Actions and Partner Disputes
• Loss Profits or Other Damages for Disruption of a Business
• Charitable Contributions of Company Stock
• Estate and Gift Taxes and Tax Planning
• Split-Ups/Spin-Offs of a Division or Subsidiary
• Life Insurance and Buy/Sell Agreements
• Purchase, Sale, Merger of a Business
• Estate Tax Planning
• Succession/Exit Planning

Industries We Have Valued and Supported

• Manufacturing, Wholesale and Distribution
• Retail and Restaurants
• Professional Services (Medical, Dental, Accounting, Legal, Consulting, Engineering)
• Constructions and Contracting
• Financial Services (Insurance and Investment Advisory)
• Technology, Media and Telecommunications

Representative Business Valuation and Litigation Clients We Have Served

• Business valuations supplied to Court (for litigated divorce) or financial neutral support (for collaborative divorce)
• Donation of shares in a surgical supplies manufacturer (gift tax valuation)
• Expert witness services in a civil lawsuit (litigation support)
• Multi-location restaurant after owner’s death (estate tax valuations)
• Trustee for a medical practice during a shareholder dispute (receivership services)
• Goodwill impairment testing and purchase price allocations (fair value reporting)
• Multi-location restaurant after owner’s death (estate tax valuations)

TEAM BIOS:

Brendan Kennedy, CPA/ABV/CFF, CVA, ASA

Brendan J. Kennedy is a highly recognized Business Valuation Expert within the state of Arizona. He oversees all business valuation and litigation support services for ATLAS, and brings over 40 years in finance and accounting, with emphasis in business valuation, litigation support, financial analysis and presentation, forecasting, and mergers and acquisitions. He serves clients in many different industries including manufacturing, wholesale, distribution, retail, healthcare, law, real estate, and other professional services. Brendan has also testified as an expert witness in the areas of business valuation and economic damages in both state and federal courts.

When not working, Brendan enjoys woodworking, travel, paramotoring and time with his family.

Academic Achievements & Professional Credentials:
Certified in Financial Forensics (CFF), American Institute of CPAs, 2008
Accredited Senior Appraiser (ASA), American Society of Appraisers, 2004
Accredited in Business Valuation (ABV), American Institute of CPAs, 1999
Certified Valuation Analyst (CVA), National Association of Certified Valuation Analysts, 1998 Certified Public Accountant (CPA), State of Arizona, 1985 Bachelor of Science, Accounting, Iowa State University, 1983

Carol Mulloy, CPA/ABV/CFF, CGMA, CDFA, CEPA

Carol Mulloy brings more than 30 years of experience in public and private accounting, with more than 13 of those being in business valuation and litigation support for purposes of marital dissolution, estate and gift, and more. In addition to Carol’s professional credentials, she is experienced with SaaS, systems implementation, CFO and Controller services, and ESOPs. Carol has helped clients in the areas of mergers and acquisitions, project management and product development, process improvement, and financial statement and compliance audits. Carol is also trained in Collaborative Mediation, offering financial neutral services to couples choosing other-than a litigation divorce.

Outside of work, Carol enjoys birdwatching and hiking.

Academic Achievements & Professional Credentials:
Certified Exit Planning Advisor (CEPA), 2025
Certified Divorce Financial Analyst (CDFA)
Chartered Global Management Accountant (CGMA), American Institute of CPAs, 2014
Certified in Financial Forensics (CFF), American Institute of CPAs
Accredited in Business Valuation (ABV), American Institute of CPAs, 2013
Certified Public Accountant (CPA), State of Florida, 1990, reciprocated to the State of Arizona, 1993
Bachelor of Science, Accounting, Iowa State University, 1983