Recent Articles
- The Valuation of Controlling Ownership Interests in the Context of Gift Tax Planning
- Getting the Most out of Every Engagement
- Performing a Functional Analysis as Part of a Valuation, Damages, or Transfer Price Analysis
- The Economic Analysis of Real Option Value
- Valuing Derivative Securities and Share-Based Compensation for Marital Dissolution Purposes
- Guidelines for the Third Analyst in a Three-Analyst Valuation Process
- S Corporation Buyers and Sellers Should Consider Making a Section 338 Election
- You May Not Need a Business Valuation
- Forensic Analysis of Intangible Asset Damages
- Buyers and Sellers of an S Corporation Should Consider the Section 338 Election
- The AFR and the Value of Debt
- The Relationship between the Attorney and the Valuation Analyst
- Levels of Control
- Measuring Lost Profits Economic Damages on a Pretax Basis
- Valuation of the Debtor Company Intellectual Property
Timothy Meinhart
Managing Director and Leader of Shareholder Litigation Valuation Services Practice
773-399-4331
Timothy J. Meinhart is a managing director of Willamette Management Associates. In addition to his work on all types of valuation and forensic analysis engagements for the firm, Tim is also the leader of our shareholder litigation valuation services practice.
Tim 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, 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 (ad valorem, income, gift, and estate), forensic analysis and dispute resolution, financial reporting, transaction planning (acquisition, divestiture, liquidation, bankruptcy and reorganization), fiduciary compliance, and management information and strategic planning.
Tim has valued the following types of business entities, securities, and assets: 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: copyrights, customer contracts, customer lists and customer relationships, employment contracts, engineering drawings, going-concern value, goodwill, licenses, noncompete covenants, patent applications, patents, procedural manuals, trained and assembled workforces, trade names, trademarks, and training manuals and documentation.
Tim has performed business valuations, economic analyses, and/or financial advisory services for clients in the following industries, among others: actuarial services, advertising, apparel, auto parts manufacturing and distribution, beverage distribution, cable television, chemical processing, commercial banking, consumer finance, commercial and residential construction, commercial real estate holding and management, communication tower leasing, computer and systems consulting, consumer products, convenience stores, cruise line, defense contracting, digital media distribution, door manufacturing, electrical contracting, electrical equipment manufacturing, entertainment and recreation, environmental and engineering consulting, equipment leasing, fintech, floor covering retailing, food brokerage and distribution, food processing and retailing, forestry products, furniture and household product manufacturing and retailing, gaming, general contracting, government contracting, home improvement product retailing and manufacturing, hotel and hospitality, information technology, insurance underwriting and brokerage, internet services and consulting, investment banking, investment holdings (including farmland and other real estate), investment management and brokerage, lamination and film production, logistics, marketing and incentive services, mattress and bedding manufacturing, mechanical equipment manufacturing, medical device development, medical waste management and disposal, metal product fabrication, metals distribution, mobile data communications, mortgage banking, mortgage brokerage, multi-family real estate holding and management, nonmetal product fabrication, oil and gas exploration, production, transportation, and marketing, paint and specialty coating manufacturing, pet supplies distribution, plumbing product manufacturing, pharmaceuticals, printing and publishing, printer and label manufacturing, professional practices, real estate development and brokerage, real estate site selection consulting, restaurant, roadway contracting and construction, sand and gravel mining, sign and dimensional letter manufacturing, software development, specialty packaging, sporting goods manufacturing and retailing, recreational vehicles, temporary staffing services, trade show production, transportation and trucking, travel agencies, water and wastewater treatment equipment manufacturing, wireless equipment manufacturing, and wireline and wireless telecommunication services.
On several occasions, Tim has been accepted as an expert witness. These litigation engagements have related to business, stock, and asset valuation matters and economic damages. Tim has testified in the Delaware Chancery Court as well as courts in other jurisdictions.
Previous Experience
Prior to joining Willamette Management Associates, Tim was a vice president in the Private Business Advisory Services Group of the American National Bank and Trust Company of Chicago. At American National Bank and Trust Company, he assisted middle-market companies by providing valuation opinions for gift, estate, and income tax planning purposes. In addition, he provided valuation opinions and investment recommendations related to nonmarketable assets held in accounts for which the bank was serving as a fiduciary. Also, he provided financial advisory services to business owners and their advisers on such issues as gift and estate tax planning, succession planning, and liquidity planning.
Education
Master of Business Administration, concentration in accounting, Kellstadt Graduate School of Business, DePaul University (with distinction)
Bachelor of Science, finance, Northern Illinois University
Professional Designations & Affiliations
Tim is an accredited senior appraiser (“ASA”) of the American Society of Appraisers, accredited in business valuation.
He is the past president of the Chicago chapter of the American Society of Appraisers, and he served on the Chicago chapter’s executive board for the period of 2004 through 2009.
Tim has served two terms on the Business Valuation Committee of the American Society of Appraisers from the period of 2012 through 2018. He was appointed to, and served on, the Education Subcommittee and the Technical Topics Subcommittee of the Business Valuation Committee of the American Society of Appraisers. Tim also served on the Board of Examiners of the business valuation section of the American Society of Appraisers.
Tim is the past president and a current director of the Business Valuation Association of Chicago.
Tim is also an associate member of the American Bar Association (“ABA”).
Since 2011, Tim has served on the valuation committee of the editorial advisory board of Trusts & Estates magazine.
For a detailed curriculum vitae, please contact Timothy Meinhart.