Sobel & Co. Valuation Practice and EAC Valuations Merge

EAC Valuations PA of Paoli, Pa., has joined Sobel & Co. (FY16 net revenue of $20.2 million) of Livingston, N.J., in their valuation practice to create Sobel Valuations LLC, a wholly-owned subsidiary of Sobel & Co.

“From the first time Frank Merenda, President and CEO of EAC Valuations, met with the Sobel & Co. valuation team, we quickly recognized the power of combining our two groups,” says Alan Sobel, managing member of Sobel & Co. “By leveraging both firms’ years of experience serving the valuation and appraisals niche market, we are positioned to effectively address the needs of the corporate business community.”

The EAC brand will continue to go to market independently, as well as together, under Sobel Valuations. This flexibility enables them to assemble a team of professionals across a wide range of disciplines. The Sobel & Co. Valuation Practice will benefit from Merenda’s adherence to EAC’s long standing mission, his deep commitment to its high standards and his well-regarded valuation and appraisal expertise gained throughout his years in the top leadership role at EAC.

“I am glad that I have the opportunity to draw on my experiences conducting a wide variety of valuations, such as Fair Value (both ASC and IFRS), Appraisals of Intangible Assets, Deferred Compensation, and Purchase Price Allocations for Financial Reporting, and Fair Market Value Appraisals for Property Tax, Insurance, Corporate Planning, Mergers & Acquisitions, and Gift/Estate Appraisal. EAC has almost 50 years as a leader in the valuation community completing more than 14,000 appraisals for clients ranging from multi-billion dollar companies to privately-held manufacturing and service companies. Joining our depth of experience with Sobel & Co.’s 60+ year legacy is a positive step for both organizations, and most importantly, for the clients we serve,” says Merenda.

The move will reinforce existing services and further expand the menu of Sobel & Co.’s valuation capabilities, which include business valuations, financial reporting valuations, strategic advisory services, commercial damages, corporate and partnership disputes, matrimonial dissolutions, estate and gift valuations, shareholder and partner buy-outs, mergers & acquisitions and a diversity of other valuation services.