Paul D. DeStefanis, P.A. d/b/a Advanced Business Valuations is a professional consulting firm created in 1990 and specializing in the valuation of businesses and intangible assets as well as litigation/forensic services Advanced Business Valuations’ objectives are to provide focused and effective business valuation services, litigation support services and brokerage services. Advanced Business Valuations has worked extensively with the “Big 4” accounting and consulting firms and has significant experience and knowledge about accounting, financial statement analysis, and tax issues related to valuations and merger and acquisition transactions.
Our primary assets are our knowledge, experience and integrity. In today’s complex business environment, many law firms, investment banking firms and business owners require objective and independent financial expertise in the area of business valuations. Advanced Business Valuations will complement your team with experienced professionals who can effectively communicate the valuation process and conclusion including important theories, methods and reasoning in a clear and concise manner. We are not CPAs who occasionally offer business valuation services or litigation support services, but dedicated professionals who are highly specialized in this area.
WHEN VALUE IS THE QUESTION… WE HAVE THE ANSWER
Business owners frequently make best-guess estimates of value based on rule of thumb…book value…or an old appraisal report. Relying on these informal, inaccurate or even outdated measures of worth can lead to underestimates of value and costly mistakes.
Whether you are selling or buying a business, planning your estate or settling a contract dispute, it is critical to have a sound, professional valuation opinion from a firm that will stand behind its conclusions.
Auditors, the SEC, the IRS, the Courts and other government agencies are increasingly insisting on expert opinions to support claims where value is concerned.
EVEN COUNSELORS NEED GOOD COUNSEL…
Today’s litigious society increasingly presents you with cases involving complex financial and accounting issues. Many cases involve reams of accounting, financial, statistical and economic information. Preparing for court can require analyzing large quantities of technical evidence, testimony and documentation – all within rigid time constraints.
As CPAs, we understand the subtleties of financial issues the way you understand nuances in the law. And because our firm specializes in serving the legal profession, we can provide you with specialized technical resources that support your efforts throughout all phases of the litigation process.
The proper advice and analysis in these instances will enhance the litigation strategy, your negotiating position, the likelihood of a satisfactory out-of-court settlement, the probability of winning the case and enhance or minimize the settlement amount, all of which enhances the satisfaction of your client.
Our high standards of professionalism, combined with extensive experience and personalized service, provide you with expert witness and consulting services you can count on…in and out of the courtroom.
WHAT YOU CAN EXPECT FROM US…
We can make the difficult job of trial preparation easier by providing you with specialized services from professionals with a thorough understanding of how accounting, financial and business factors relate to specific legal matters. Our capabilities are based on years of experience, careful planning and meticulous quality control.
Involvement of our Law Firm Services team provides authoritative credentials for research, testimony and informed defense against opposing arguments. You can rely on our integrity and diligence in rendering advice or providing expert testimony.
We recognize your time constraints. Our timely, accurate information, action-oriented plans and qualified recommendations can increase your efficiency.
WE ARE THE RIGHT CHOICE
Why are we the right choice? Because we specialize in working with owners and advisors of closely-held businesses and understand the unique financial management and tax needs they face. Additionally, we bring to the table a wide range of experience, talents and superior services. Our professional approach, combined with our dedication to quality, provides an exceptional level of credibility to our valuations. Our approach is comprehensive and our reputation for providing responsive and high-quality services in both the business and financial communities is solid. Finally, we will take the time to completely understand your business and your reason for needing valuation services, which will help maximize your opportunities.
Paul D. DeStefanis, CPA/ABV, ASA, CVA, has over 37 years of professional experience, including eight years with an international accounting and consulting firm. In addition to being a Certified Public Accountant (“CPA”), he is an Accredited Business Valuator (an American Institute of Certified Public Accountants (“ABV”) designation), an Accredited Senior Appraiser (an American Society of Appraisers (“ASA”) designation) and a Certified Valuation Analyst (a National Association of Certified Valuation Analyst (“NACVA”) designation). He is also a member of the Institute of Business Appraisers (“IBA”). The AICPA, ASA, NACVA and IBA are organizations whose members are a dominant force in the business valuation and litigation support discipline. His designations recognize extensive training and experience in the specialized field of business valuations, litigation support and financial analysis. He is a past member of the NACVA’S Education Board and graduated from the University of Florida in 1982 with a BS in Accounting. He is also a member of the American Institute of Certified Public Accountants. He has completed hundreds of valuations, including intangible asset valuations, and has successfully defended his work to the SEC and IRS.
Additionally, Mr. DeStefanis is a licensed Sales Associate of Real Estate and has worked extensively in the property management and single-family home development industry.
Mr. DeStefanis spent eight years working for Deloitte & Touche. During his tenure, he worked in both the audit and tax area and he specialized in merger and acquisition transactions and worked for such clients as KKR, Forstmann Little & Co., First Boston, Goldman Sachs, and Drexel, Burnham & Lambert. His M&A experience included broadcasting, cable TV, professional and financial services, computer and technology, investment banking, and the entertainment industries. After working with Deloitte & Touche, Mr. DeStefanis joined a diversified publicly-held entertainment company as its Senior Vice President, Treasurer and Chief Financial Officer. Mr. DeStefanis was directly responsible for all financial matters and successfully structured numerous public and private placements. Subsequently, he served as the Chief Financial Officer and Treasurer of a merchant banking and corporate consulting firm active in business valuations, fairness opinions and international trade consulting.