Kace Clawson

Chief Executive Officer

Business Valuation Experts, LLC

Phone:

(202) 787-5858 - Office

(703) 593-5214 - Mobile

Email:

kclawson@bvellc.com

Address:

1717 K Street, NW

Suite 900

Washington, DC 20006

Website:

www.businessvaluationexperts.com

SUMMARY OF EXPERIENCE

Kace Clawson specializes in business valuation, forensic accounting and fraud investigation, expert witness services and ESOP trustee/fiduciary services. In the past 35 years, he has provided these services to public and privately held companies in the United States, Mexico, South America, Europe, Asia and Africa. He has currently personally certified to the valuation of over 2,500 business entities and has been accepted as an expert witness in 11 court jurisdictions.

Mr. Clawson's expertise has been sought after and utilized in prominent valuation and investigation cases conducted in the United States and abroad, and he has provided his expertise on complex financial matters to Fortune 500 companies, attorneys, accountants, judges, the FBI, the IRS, the SEC, the Department of Labor and the Civil Litigation Division of the Department of Justice.

35+

Years of

Professional Experience

2,500+

Valuations

Personally

Certified

11

Court

Jurisdictions Recognized as Expert

$100 Billion+

Estimated

Amount of

Assets Valued

AREAS OF EXPERTISE

Areas of Expertise

Business Valuation

1987 to Present

Mr. Clawson has performed thousands of valuations of privately held companies that conduct business in almost all industries. Clients range in size from less than $1 million in revenue to more than $10 billion in revenue. He frequently performs business valuation, fairness opinion and solvency opinion analysis for Boards of Directors, shareholders, financial institutions and private equity firms. His services are utilized for IPOs, mergers and acquisitions, ESOP transactions, leveraged buyouts, buy/sell agreements, litigation, bankruptcies, reorganizations, shareholder litigation, SEC disclosures, stock option pricing, estate planning and divorce.

Representative Engagements:

Cvent, Inc.
Under Armor, Inc.
Ripley’s Believe It or Not! Museums (London & New York)
American Disposal Services, Inc.
MetroPCS/USA Mobility, Inc.
UUNET Technologies, Inc.
Luna Innovations, Inc.
Jet Support Services, Inc.
Mobomo, Inc.
Estate of Bob Ross
Detyens Shipyards, Inc.
The Franklin Mint, LLC
Southern Management Corporation
Agilex, Inc.
TouchTunes, Inc.
Whitney, Bradley & Brown, Inc.
LCC International, Inc.
Continental Resources, Inc.
Albert Uster Imports, Inc.
Albertsons, Inc.
Key West Boats, Inc.
LaGrange Winery
Griffiths Corporation

Expert Witness

1997 to Present

Mr. Clawson has been selected on numerous occasions to serve as a business valuation expert in litigation and arbitration cases. He has testified on matters involving all aspects of ESOP's, including valuation, repurchase obligation analysis and trustee fiduciary duties. Other topics testified to include fraudulent conveyance, intellectual property theft, software valuation, minority interest valuation and bankruptcy valuation, among others.

Specific Topic Expertise

ESOP valuation
Stock option (409a) valuation
Intellectual property valuation
Portfolio investment valuation
Franchise valuation
Purchase price allocation analysis
Goodwill allocation/impairment analysis
Estate and gift tax valuation.
Buy/sell agreement valuation
Preferred stock valuation
Pre-IPO valuation
8(a) valuation
Bankruptcy valuation
Blockchain-related valuation
Divorce valuation
SBA loan valuation
Medical practice valuation
Real estate LLC/LP valuation
Damages and lost profits analysis
Fairness opinions
Solvency opinions
Marketability discount analysis
Minority interest discount analysis
Shareholder litigation matters
Professional malpractice investigations

Expert Witness Court Jurisdictions:

Fairfax County Circuit Court
Arlington Circuit Court
Alexandria Circuit Court
Prince William Circuit Court
Montgomery County Circuit Court
United States District Court, Northern District of Maryland
United States Bankruptcy Court, Eastern District of Virginia
Superior Court of the District of Columbia
United States District Court, Southern District of Alabama
Fourth Judicial Circuit of the State of Florida
American Arbitration Association

Representative Engagements:

Gold v. United States - IRS (in re Kenrob IT)
Armstrong v. Amsted Industries, Inc.
Bank of America v. Quraishi, et al
Nortel Networks (Delaware Bankruptcy Court)
Eslava v. Gulf Telephone, et al
Purcell Tire v. MB Financial

Start-Up Valuations

Sourcefire, Inc.
Mandiant Corporation
Route 11 Chips
LifeFuels, Inc.
ThreatQuotient, Inc.
Angioblast Systems, Inc.
Tigris Pharmaceutical, Inc.
Blue Star Software, LLC
Brabeion Software Corporation
Jobfox, Inc.
Sequoia, Inc.
Netcordia, Inc.
Social Tables, Inc.
OpenWhere, Inc.

ESOP Trustee/

Fiduciary

2000 to Present

With years of experience providing ESOP valuation services to clients, Mr. Clawson started serving as a transaction and on-going trustee to ESOP's in the early 2000's. He has provided these services to companies forming ESOP's, adding additional ownership to established ESOPs, and in mergers and acquisitions involving ESOP owned companies. In addition to his transaction trustee services, Mr. Clawson has served as the on-going ESOP trustee for numerous companies in a variety of industries.

Franchise Valuations

Subway
Cinnabon
Baja Fresh
sweetFrog

Representative Engagements:

JB&A, Inc.
Southern Services, Inc.
Carana Corporation
American Maritime Holdings, Inc.
Consolidated Safety Services, Inc.
Group W, Inc.

Forensic Accounting/

Fraud Investigation

1986 to Present

Mr. Clawson’s fraud investigation experience is extensive and unique. He has conducted large, complex investigations involving multiple entities, shell companies and convoluted transactions. Investigations have been performed for fidelity bond claims, director and officer liability cases, accountant malpractice cases, broker malpractice cases and employee fraud cases. In the mid-1990's, Mr. Clawson traveled extensively throughout South America tracing large amounts of misappropriated funds, interviewing witnesses, calculating damages and developing financial reports for civil litigation. During the savings and loan crisis, he assisted the Resolution Trust Corporation (RTC) in the closure and investigation/valuation of over 30 financial institutions.