William A. Johnston, CEO
An employee-owned, independent advisor without ties to accounting firms or investment banks, EVC provides shareholders of middle-market companies with the confidence and assurance they need during pivotal transactions. Valuations are grounded in robust market evidence, supported by extensive research, market insights, and financial trends, ensuring they are devoid of conflicts of interest.
EVC leverages a talented network of almost 100 professionals, bringing broad operational and consulting experience to every engagement.
The firm’s high-level knowledge is strengthened by CEO William A. Johnston’s teaching experience with the American Society of Appraisers and experience serving in working groups as a subject matter expert on financial reporting issues for the Appraisal Foundation. He has performed about 2,500 valuations for private and public companies, as well as the Big Four accounting firms.
Unlike competitors who may delegate work to less seasoned professionals, EVC assigns experienced professionals to handle each client, maintaining team continuity year after year. Senior-level attention is given to every engagement, with managing directors heavily involved in the processes and readily available for questions.
The team’s collective efforts support EVC’s competency in helping corporate businesses comply with purchase price allocations, impairment testing, stock compensation expense issues (409A and ASC 718 earn-outs, rollover equity and complex securities. Every valuation is meticulously conducted according to the requirements of the Securities and Exchange Commission (SEC), Public Company Accounting Oversight Board (PCAOB), Internal Revenue Service (IRS), and other regulatory authorities.
Time and again, attorneys, accountants, estate and insurance planners, bankers, and others—from the most prestigious firms to sole practitioners—recommend and turn to EVC for a broad range of valuation needs.
“No matter the complexity of the valuation requirements, EVC is equipped to deliver accurate and insightful analysis,” says Johnston. “Our capabilities span across the valuation of companies, real estate, machinery and equipment, intangible assets incentive units, rollover equity, earn-outs and much more.”
Combining Large-Firm Expertise with Personalized Client Relations
EVC’s impact stems from the value it brings as a corporate role model, serving compassionately, operating efficiently, and leading ethically. The large-firm expertise with personalized client relations and competitive pricing ensures that every engagement is characterized by thorough understanding, responsiveness, and expert insight.
When businesses partner with auditors to evaluate their assets, they typically receive a generic process lacking supportive facts to strengthen their value. Empire changes this approach by delivering a well-documented valuation that drives a client’s business toward success.
To achieve this, EVC goes out of its way to painlessly onboard clients, setting up a data room and creating a platform for open discussion and review of key documents. Clients and auditors can provide feedback, refining the final valuation for optimal results.
No matter the complexity of the valuation requirements, EVC is equipped to deliver accurate and insightful analysis
Throughout the process, the valuation professionals, consisting of subject matter experts, describe various thresholds and eventual outcomes so that clients can fully grasp the insights that drive their success.
“We enable businesses to focus on core operations and be assured that the whole process is handled well irrespective of the size of the transaction,” says Johnston. “We give you the best of all worlds and see to it that you’re getting your money’s worth and more in return.”
Experts Setting the Standard
EVC places paramount emphasis on retaining top talent, as evidenced by the minimal turnover. This strategic focus enhances internal cohesion, strengthens client relationships, and fosters trust and continuity.
The team comprises skilled analysts and seasoned Senior Managing Directors, distinguished by their extensive educational backgrounds and industry certifications. Many members hold advanced degrees such as MBAs and prestigious designations like CPAs, ABVs, and ASAs.
Beyond their academic achievements, EVC team members actively participate on boards and panels and serve as subject matter experts for standard setters, ensuring they remain at the forefront of trends and best practices. The team’s proactive approach enhances client satisfaction and reinforces EVC’s reputation as a trusted advisor in valuation consulting.
EVC has completed over 1,500 valuations across diverse sectors in the past year. This includes ten-figure and smaller purchase price allocations, impairment testing for public companies, hundreds of earnout valuations, restructuring guidance for a prominent private equity sponsor, providing crucial financial opinions to major financial services clients, hundreds of valuations quarterly and annually for hedge, private equity, and VC funds advising buyers and sellers on business sales, and many more.
Looking ahead, EVC plans to broaden its geographic reach and explore new markets, establishing a higher valuation quality benchmark with hands-on expertise and a dedicated local advisory network for companies seeking to acquire, grow, or monetize their investments.
