He specializes in the valuation of businesses and business interests including equity, liabilities and debt securities, options and other derivative securities / instruments, intellectual property and other tangible and intangible assets.
Mr. Frantzen has provided opinions of value, fairness and solvency for a wide variety of purposes including financial reporting, tax planning and reporting, dispute resolution, mergers and acquisitions and other business purposes. With more than 25 years of valuations experience, he has advised company management, board members and special committees, attorneys, individuals and the courts.
He has advised clients regarding the value impact of potential strategic alternatives, business plans and enterprise transactions; valued assets for business combinations, fresh start accounting and impairment measurement; valued business interests for tax planning and reporting, and has provided independent fairness and solvency opinions regarding contemplated transactions.
Mr. Frantzen has worked with clients in healthcare, chemicals, transportation, automotive and aerospace, construction materials, business and consumer services, infrastructure and utilities, financial institutions and insurance, food and agricultural products, paper and packaging, retail and wholesale distribution and industrial products.
Notable assignments include the valuation of: tangible and intangible assets of a multi-billion dollar, multinational for fresh start accounting; the valuation of a regional health system’s assets regarding its acquisition by a major university medical center; large water and transportation infrastructure projects for financing-related purposes and financial reporting; the tangible and intangible assets of a large, multinational chemical producer acquired by a large private equity sponsor; and the shares of a hospital management company regarding a dissenting shareholder dispute.
Mr. Frantzen also developed economic value measurement frameworks for developing strategic and financial alternatives, measuring business unit value contributions and analyzing pro forma performance of potential business combinations. He has appeared as an expert witness in depositions, hearings and trials regarding valuation disputes litigated in administrative procedures, state courts and federal court.
Most recently, he managed the Chicago office and served as national chair of the healthcare practice at American Appraisal Associates. Earlier, he was a partner at Arthur Andersen.
Mr. Frantzen earned a bachelor’s degree in civil engineering from the University of Illinois at Urbana-Champaign and an MBA from DePaul University. He is a Chartered Financial Analyst (CFA) and registered as a General Securities Representative and Securities Agent (FINRA Series 7 and 63). He is a member of the American Society of Appraisers, the CFA institute and CFA Society of Chicago, and the First Illinois Chapter of the HFMA.