David A. Maschino, ASA, BVAL
Accredited Senior Appraiser
Business Valuator Accredited in Litigation
Curriculum Vitae
Mr. Maschino has issued opinions of value and furnished corporate financial advisory services in support of resolving numerous corporate shareholder disputes, reorganizations, recapitalizations, liquidations, marital property divisions, joint ventures, asset and equity sales, tax, and litigation matters. He has testified as an expert witness on business valuation matters in federal district court and local court systems. He is an accredited member of the American Society of Appraisers holding the designation ofAccredited Senior Appraiser in Business Valuation and with The Institute of Business Appraisers, Inc., as a Business Valuator Accredited in Litigation.
Expertise
Business Appraisal experience includes a broad spectrum of assignments from business start-ups to mature closely held business interest requiringa formal opinion of value and appropriatereport. Appraisal subjects have included general and limited partnership interests, voting and non-voting common shares, preferred securities, licenses, contracts and intangible assets (customer base, brand, workforce, etc.).Engagement purposes include estate and gift tax, business combinations, and goodwill impairment tests for financial reporting purposes, shareholder disputes to include dissenting, distressed and other derivative claims of minority interests to estimating the contribution of stock appreciation rights as a component of reasonable executive compensation.
Markets served include manufacturing, distribution, entertainment, construction, transportation, agricultural, petroleum and LP marketers, publishing, business associations, real estate development, hospitality, retail, financial services,integrated healthcare services, assisted living, insurance agencies and third-party administrators, IT consulting and professional service firms, among others.
Education and Professional Associations
He holds a degree in Political Science from BallStateUniversity, is a member of the Institute of Business Appraisers, Inc., the American Society of Appraisers, the Indiana Association for Corporate Renewal, and the Indiana Venture Club. Hehas served as a volunteer with the Indiana Business Modernization and Technology Corporation Business (BMT) Evaluation and Review Committee,and the BMT New Product Advisory Team. Mr. Maschino served as President of the Indiana Chapter of the American Society of Appraisers from July 2007 through July 2010, and as President of the Hoosier Hills Estate Planning Council from July 2009 through July 2010. Currently serves on the Board of Directors of the Indiana Association for Corporate Renewal.
BallStateUniversity, Muncie, IN: B.S. in Political Science 1983, Minor in Military Science 1982.
United States Army: (1979 – 1991: Honorable Discharged September 1995, Captain ) Honor Graduate of the Ordinance Officers Advanced MilitarySchool, Field Artillery Officers Basic and USAOMMCS Defense Logistics and AcquisitionManagementCollege.
Accreditations
Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers, ID: 038946
Business Valuator Accredited in Litigation by The Institute of Business Appraisers, ID: 9171-01
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