Daren leads HCVT’s Valuation Advisory Services practice and brings over ten years of valuation and financial advisory experience. He has extensive experience performing valuations of business enterprises, equity securities, and intellectual property for a variety of purposes, including financial (GAAP/IFRS) and tax reporting, mergers and acquisitions planning, gift and estate tax planning, reorganizations and restructurings, capital raising activities, joint venture planning, buy-sell agreements, eminent domain, and stockholder disputes. His industry experience is broad and includes manufacturing, retail, and distribution, with a specialization in food, beverage and agricultural businesses. His project experience also includes the technology, professional services, media and entertainment, and real estate industry sectors.
Daren has addressed complex tax valuation matters for businesses in all phases of the business cycle from start-up to rapidly growing, and mature businesses seeking a liquidity event. His tax valuation reporting experience is extensive and includes qualified small businesses stock (IRC §1202), C-corporation conversions (IRC §1374), stock compensation (IRC §409A), gift and estate taxes and charitable contributions, and personal goodwill.
Daren’s financial valuation reporting experience is comprehensive, including: purchase price allocations (ASC 805), impairment testing (ASC 350), stock compensation (ASC 718) and mark-to-market analyses (ASC 820), among others, all under the fair value concepts used for financial reporting purposes in accordance with generally accepted accounting principles (GAAP).
Prior to joining HCVT, Daren was the president and founder of Vineyard Capital Advisors, a full-service financial consulting firm providing valuations, advisory and retained consulting services. He was previously with Houlihan Lokey, a publicly-traded international investment bank, where he provided valuations, solvency and fairness opinions, and other advisory services to public and private clients. Daren holds a Master of Business Administration from the University of Southern California and a Bachelor of Science in industrial engineering from California Polytechnic State University, San Luis Obispo. Daren is a former executive board member (vice president) and Business Valuation Committee co-chair of the American Society of Appraisers (ASA) LA Chapter.