Brent McDade

Biography

Brent has performed the following types of valuation and economic analyses: business and succession planning valuations, acquisition purchase price allocation valuations, asset impairment analyses, restricted stock valuations, blockage discount analyses, reasonableness of compensation analyses, restructuring and reorganization analyses, transfer price analyses, merger and acquisition valuations, fairness opinions, economic damages analyses, income-producing property valuations, phantom stock and employee incentive plan valuations, and employee stock ownership plan (“ESOP”) employer stock valuations.

He has prepared these valuation and economic analyses for the following purposes: tax planning and compliance (income, gift, and estate), forensic analysis and dispute resolution, financial reporting, martial dissolution, and transaction planning (mergers and acquisitions).

Brent has valued the following types of business entities, securities, and assets: contractual rights, contingent consideration, close corporations, close corporation fractional ownership interests, public corporations, intangible assets (including intellectual property), general and limited partnership interests, limited liability company interests, restricted equity and debt securities, preferred stock, proprietorships, options and warrants, and fractional interests in real estate.

He has performed valuation or arm’s-length royalty rate/transfer price analyses related to the following types of intangible assets: customer contracts, customer lists and customer relationships, employment contracts, going-concern value, goodwill, licenses, noncompete covenants, patent applications, patents, procedural manuals, trade names, trademarks, trained and assembled workforces, and training manuals and documentation.

Brent has performed business valuations, economic analyses, and/or financial advisory services for clients in the following industries, among others: alcoholic beverage manufacturing and distribution, apparel, automotive, aviation, building materials, carpet and flooring, chemicals, computers and electronic products, construction, contractors, cybersecurity, distribution, entertainment and sports, fabricated metal products, finance, government contracting, heavy construction, hospitality, insurance, Internet service providers, investment, leisure, manufacturing, natural resources, oil and gas, professional services, real estate, rental and leasing, retail, securities, security, textiles, transportation and trucking, warehousing, and wood product manufacturing.

He has served as an expert witness in disputes regarding business valuation and economic damages, particularly lost profits and lost business value, in state and federal courts. He has also been selected as the third appraiser to resolve differences of opinion between appraisers in buy-sell agreement disputes.

Previous Experience

Prior to joining Willamette Management Associates, Brent was a director and the Tennessee business valuation practice leader at Elliott Davis. Prior to a merger of the Decosimo CPA firm into Elliott Davis, Brent was a director in business valuation and litigation support for Decosimo Advisory Services, as well as an investment banker at Decosimo Corporate Finance. Prior to that, he was a vice president at Mercer Capital Management, Inc.

Education

• Bachelor of Arts, economics and business administration, Vanderbilt University (with honors)

Professional Affiliations

Accredited Senior Appraiser (“ASA”)—American Society of Appraisers

Accredited in Business V aluation (“ABV”)—American Institute of Certified Public Accountants (“AICPA”)

Certified Valuation Analyst (“CVA”)—National Association of Certified Valuators and Analysts (“NACV A”)

Master Analyst in Financial Forensics (“MAFF”)—NACVA

Brent is also a member of the Tennessee Society of Certified Public Accountants (“TSCPA”), where he serves on the Forensic and Valuation Services Task Force.

He is the past president of the Chattanooga Estate Planning Council, and he served as a director from 2012 to 2018.

Brent served on the Valuation Forum Committee for the NACVA/Institute of Business Appraisers (“IBA”) Annual Consultants’ Conference and was a member of the AICPA Review Task Force regarding the group’s Introduction to Business Valuation course.