With more than 25 years of experience analyzing both closely and publicly held companies, Mr. Beaton has particular expertise in the valuation of early-stage, venture-backed companies and has written and spoken extensively on valuation techniques for companies with complex capital structures. He has valued companies in most major industry groups including manufacturing, utilities, telecommunications, oil and gas, transportation, wholesale, retail and service industries both domestically and internationally. In addition, he has also testified on valuation issues in federal and state venues across the U.S. as well as in international arbitrations; he has been involved in more than 300 depositions and has testified in state and federal court more than 75 times.
Mr. Beaton has valued patents, trademarks, trade secrets and many other intangible assets. He is regularly hired to perform purchase price allocations and valuations for the granting of stock options. He also performs valuations for employee-owned companies, as well as municipal, state and federal entities. He has served as a neutral appraiser in numerous disputes and has served as a special master in a number of venues. Moreover, Mr. Beaton has valued a number of unique assets including, but not limited to, celebrity goodwill, domain names, patents, trademarks, movie rights, licenses, wireless spectrum, franchise rights, software, hotels and non-compete agreements.
Mr. Beaton earned a bachelor’s degree in economics from Stanford University and a master’s degree in finance from National University. He is a Certified Public Accountant (CPA), Chartered Financial Analyst (CFA) and Accredited Senior Appraiser (ASA). Additionally, he is accredited in Business Valuation (ABV) and Certified in Financial Forensics (CFF), and is a member of the American Institute of Certified Public Accountants (AICPA), the CFA Institute and the American Society of Appraisers. In addition, he is a frequent lecturer at local universities, an instructor for the AICPA’s business valuation courses and speaks nationally on business valuation with a special emphasis on early stage and high technology companies.
NOTE: Alvarez & Marsal employs CPAs but is not a licensed CPA firm.