SCOTT A. BAYLEY

Mr. Bayley, a Managing Director, is the founder of Accumyn and serves as its President. He has served public and private businesses, governmental entities, and law firms with auditing, accounting, financial, and economic consulting services for over thirty years. A primary focus of his practice is analysis of financial damages and economic claims, valuation analysis, fraud and forensic accounting examinations, preparation of expert reports and expert testimony regarding accounting disputes, claims of financial and economic loss, and valuation opinions. His…

LUIGI CALABRESE

Mr. Calabrese has been retained by law firms to assist in matters involving lost profit, lost value, unjust enrichment and other financial and economic analysis. Luigi has also determined pecuniary damages for personal injury and wrongful death and wrongful termination for both plaintiffs and defendants. Luigi has appraised businesses, equity securities and specific assets. Types of securities valued include valuation of common stock of privately held companies on a controlling and non-controlling basis, partnership interests, corporate notes, incentive distribution rights,…

DAN WATSON

Dr. Watson is an expert on econometric and statistical analytics, valuation analysis, economic and financial damage claim computations, and risk management. He teaches Security and Asset Valuation at Rice University.   He also serves as faculty advisor to student teams working as consultants to businesses as part of the school’s Advanced Learning Project.  Dan is a Certified Valuation Analyst. Dan has recently advised a large industrial firm on the probability that non-tradeable executive stock options would “in the money” at…

VALUATION SERVICES

VALUATION SERVICES We perform valuations of business entities, intellectual property, intangible assets, common and preferred stock and other securities along with partnership interests, private debt instruments, options, warrants, and other derivative products. With an extensive pool of resources, we are scaled to serve small to large clients in mergers, acquisitions and dispositions; taxation planning and compliance; financial reporting; bankruptcy and reorganization; litigation and dispute resolution; and strategic planning. Consistent with our goal of becoming a trusted business advisor, we believe…

MARIA TERESA RITCHEY

Ms. Ritchey has served in management and executive positions for public and private corporations in manufacturing, banking, agriculture, and not-for-profit sectors and has consulting and advisory services experience in both the US and South America. Ms. Ritchey’s leadership roles have included serving as financial manager, administrative director, assistant controller and chief financial officer. She has held management responsibilities in the fields of financial accounting and analysis, treasury, and human resources including payroll administration. Her business management experience has involved state…

GRAHAM BAYLEY

Mr. Bayley is a financial analyst with experience in investment banking and oil & gas corporate finance and operations. He has assisted with a range of advisory related tasks including financial analysis, industry and market research, due diligence and corporate finance modelling as well as preparation of materials providing recommendations to company senior management and board of directors on matters of M&A&D valuation, portfolio strategy and financial structuring. He has served private equity and hedge fund investors as well as…

Valuation Analysis of First Class Hotel and Related Improvements

Accumyn’s expert provided testimony in a dispute between a commercial real estate developer and a publicly traded REIT regarding an alleged breach of contract for the development of a first class, 1,000 room, multi-story convention-oriented hotel, and related improvements. The Accumyn team prepared a valuation analysis based on the income approach using hotel revenue projections and the related tax incentives and abatements to be provided by state and municipalities, and the analysis of financing options available given general market conditions…

GUSTAVO GRULLON

Dr. Grullon is an associate professor of finance at Rice University and an expert in several areas of corporate finance, including corporate investment, corporate financing, payout policy, business valuation, real options valuation, and mergers and acquisitions. He has provided consulting services to several Fortune 500 companies. Dr. Grullon has done extensive research on how firms determine their payout policy and capital structure and how these decisions affect the value of the firm. Gustavo’s research has provided explanations to several interesting…

ERNIE KILLINGSWORTH

Mr. Killingsworth is an affiliate Director of Accumyn Consulting specialized in the Aviation Industry. Ernie has completed hundreds of aircraft appraisals and prepared many valuation reports on propeller aircraft, jet aircraft, helicopters and aviation related support equipment for several of the world’s largest finance and leasing companies. Ernie has experience in the aerospace industry as a military and commercial airline pilot, an operations engineer, an executive in marketing, sales, and financial services. While at Gulfstream Aerospace, Mr. Killingsworth worked directly…

Authoritative Valuation of Successful Haute Couture Fashion Company

Accumyn’s team of economists and valuation professionals valued a successful haute couture fashion company. A start-up designer teamed up with a pair of Houston-based investors and fashion industry experts to secure funding. In the first year, sales to retail stores reached seven figures.   However, as soon as orders for the second season were booked, the designer no longer wanted the involvement of her Houston partners. The designer backed away from her commitments to them, cutting off further involvement and…

Refutation of Dilution Claims by Shareholder of Private Entity

Accumyn refuted dilution claims made by a shareholder of a private entity when the entity issued additional shares of stock under an employee stock ownership plan and a long-term incentive plan.   The Accumyn team analyzed the increase in value of the shareholder’s holdings over time and the benefits to the company and its shareholders in establishing employee stock ownership plans and long term incentive plans. The team also included a critique of opposing expert’s claims of dilution and overall methodology…

ALLEN PARKS

Mr. Parks is Managing Director of Oil Field Services at OFSCap. He also serves as an advisor to StormHarbour Securities in all energy related restructuring transactions. Prior to that he was Managing Director at Global Hunter Securities. Previously, Allen founded Parks Paton Hoepfl & Brown (PPHB) in 2003 to provide financial advisory expertise to the oilfield services sector. Before founding PPHB, he led the oil field services investment banking efforts at CIBC World Markets and Dain Rauscher Wessels (now RBC).…

JONATHAN PARRY

Mr. Parry has twenty years’ experience working with IOC’s, NOC’s and Independents. As a Principal Engineer he has participated in major capital projects in North and South America, Europe, Asia, and the Middle East. At ConocoPhillips he provided oversight to Latin America, Africa, Middle East, Caspian and Russian well operations, and contributed to their new ventures and farm-in activities. In Functional Excellence Mr. Parry is familiar with defining appropriate standards and processes to manage corporate risk and enhance value. He…

JERRY TURNER

Mr. Turner is the founder and President of T-4 Investment Solutions LLC (T4IS). His clients include financial institutions, domestic and international governmental entities, law firms, and public and private businesses. Jerry provides a broad array of services, including quantification of damages, transaction assistance, mediation assistance, financial analysis, preparation of expert reports and expert testimony regarding real estate and financial disputes, operations review and analysis, contract examination and valuation analysis. Mr. Turner’s dispute experience includes assisting in matters such as tenant/landlord…