Evergreen Insights
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Evergreen Welcomes New Team Members
Evergreen Advisors is pleased to announce the addition of Morgan Trask, and Jacob DiMattia into our Location Strategies Practice. “We are excited for the expansion to our Location Strategies team. These key new hires play a critical role in our ability to serve our growing roster of clients and additional projects. Jeff brings over 30…
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Evergreen Advises TSSi on its sale to Noble
Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that Tactical & Survival Specialties, Inc. (“TSSi”) has been acquired by Noble Sales Co. Inc. d/b/a Noble Supply & Logistics (“Noble”). Evergreen Advisors Capital acted as the exclusive financial advisor to TSSi with legal advice provided by Flora Pettit PC. Noble, an industry leader…
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Valuation Team Spotlight: Pat Lowry
Evergreen Advisors team’s includes a multidisciplinary team of experts that are dedicated to ensuring our client’s success. For this feature, we interviewed Pat Lowry, Managing Director of Business Valuation in Evergreen Advisors Corporate Advisory Practice, who has over 20 years of experience in complex business valuation, estate and gift planning, and transaction advisory matters. Pat…
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Evergreen Advisors Welcomes Jeff Reed
Evergreen Advisors, a middle-market Investment Bank and Corporate Advisory Firm, with offices in both Columbia, MD and McLean, VA, is pleased to announce the addition of Jeff Reed as a Director in our Location Strategies Practice. “We are excited to add Jeff to our Location Strategies team. Jeff’s experience in location analysis, site selection, and…
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Evergreen Advisors Capital serves as Financial Advisor to G2SF
Evergreen Advisors Capital, a middle-market investment bank, announced today that it advised G2SF, Inc. (“G2SF”) on its sale to Gunnison Consulting Group, Inc. (“Gunnison”). Headquartered in Reston, Virginia, G2SF INC. is a Government focused IT consultancy and enterprise solution provider with core competencies in IT Service Management (ITSM), Mobility Engineering and Management, Security Engineering and…
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Evergreen Welcomes John Ellis
Evergreen Advisors, a middle market Investment Bank and Corporate Advisory Firm, with offices in both Columbia, MD and McLean, VA, is pleased to announce the addition of John Ellis into Evergreen’s CFO Advisory Practice.
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Entrepreneur Spotlight: Kalocyte
In this Entrepreneur Spotlight, we highlight KaloCyte, a company transplanted from St. Louis, Missouri now located in Baltimore at the University of Maryland BioPark. KaloCyte is developing a solution for when blood is not available. They have demonstrated proof of concept for ErythroMer™, a dried, bio-inspired artificial red blood cell substitute envisioned for use as an…
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Fair Market Value Vs. Strategic Value: Why You Should Know the Difference
As business valuation professionals, we are often tasked with determining the value of a block of stock in a company, typically a partial interest, for purposes of gift or estate tax planning, stock option issuance, ESOP compliance, or marital disputes. The appropriate standard of value for such assignments is “Fair Market Value.” Fair Market Value…
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Evergreen Advises Pathsensors on Sale To Smiths Detection
Evergreen Advisors Capital, a middle-market investment bank, is pleased to announce that PathSensors, Inc. (“PathSensors” or the “Company”) has been acquired by Smiths Detection (“Smiths”). Evergreen Advisors Capital acted as the exclusive financial advisor to PathSensors with legal advice provided by Whiteford, Taylor & Preston, LLP. PathSensors is a leading biotechnology solutions and environmental testing…
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Goodwill Impairment – The New Reality For Retail-Based Businesses
On March 18, 2020, YUM! Brands, Inc. (NYSE: YUM), a worldwide owner and operator of restaurant brands, acquired The Habit Restaurants, Inc. (NasdaqGM: HABT or “Habit”) for approximately $408 million in cash. At the time, Habit operated 245 company-owned and 31 franchised Habit Burger Gill restaurants in the U.S. and in China. According to YUM’s…
