Andrew K. Gibbs, CFA, CPA/ABV

Andrew K. Gibbs joined Mercer Capital in 1999 and currently serves as a senior vice president and the leader of Mercer Capital’s Financial Institutions Team. Mercer Capital is a premier business valuation and investment banking firm serving a national and international clientele. 

Mercer Capital provides business valuation services for a wide variety of needs, including but not limited to corporate valuation services, tax compliance, litigation support, financial statement reporting compliance, and employee stock ownership plans.  Clients range from public to private, from smaller companies to large multi-nationals in a broad range of industries as well as numerous governmental agencies. 

In addition, Mercer Capital provides investment banking and corporate advisory services including sell-side and buy-side merger & acquisition representation, fairness opinions, solvency opinions, business interest and securities valuation, and board presentations, among others.

Mr. Gibbs provides valuation and corporate advisory services to financial institutions for purposes including mergers and acquisitions, employee stock ownership plans, profit sharing plans, estate and gift tax planning and compliance matters, corporate planning and reorganizations.

Mr. Gibbs has experience working with financial institutions in merger and acquisition advisory engagements.   He has assisted buyers in evaluating the attractiveness of acquisition candidates, determining a price for the target institution, structuring the transaction, and evaluating different forms of financing.  For sell-side clients, Mr. Gibbs has analyzed the potential value that the institution may receive upon a sale, assisted in locating potential buyers, and participated in negotiating a final transaction price and merger agreement. 

Mr. Gibbs has also participated in projects in a litigated context, including tax disputes, dissenting shareholder actions, and employee stock ownership plan related matters.

In addition, he actively participates in projects involving compliance with SFAS 141 and 142, which entail, for example, the identification and valuation of intangible assets under SFAS 141 and impairment testing under SFAS 142. 

William J. “Bill” Wilhelm, CPA/ABV

Bill has spent his entire 38 years with Crowe Chizek serving its financial institutions and business valuation clientele in an audit, tax, valuation and financial advisory capacity.  He has helped institutions structure management or investor group buyouts, purchase or merge with other institutions and has assisted in the sale of institutions.  He has helped de novo institutions assemble business plans, prepare financial and capital needs projections and obtain regulatory approvals.  

Bill is a 1970 graduate of Indiana University, Bloomington with a B.S. degree in Accounting.  He is a member of the American Institute of Certified Public Accountants and the Indiana CPA Society.  Bill was one of the first group of CPA’s to pass the examination and be awarded the ABV (“Accredited in Business Valuation”) designation in 1998.  He is a frequent speaker on the subjects of mergers and acquisitions and business valuations. 

A representative list of Bill’s speaking engagements and publications are as follows:

Presentations:

• Financial managers Society, Inc. sponsored events on October 28, 2005 in Las Vegas March 30, 2006 in Philadelphia and February 21, 2007 in Orlando, Growth By Acquisition, Accounting for Acquisitions under FAS 141 and 142
• Financial Managers Society, Inc. sponsored event on May 23, 2005 - Impact of Accounting Changes for Stock Based Compensation (FASB Statement No. 123R)
• FFIEC (Federal Financial Institutions Examination Council) Interagency Accounting Seminar March 12, 2003, Washington, DC- Financial Institution Tax Issues and Valuation Issues Under FAS 141 and 142
• Indiana Agribusiness Top Management Conference, August, 9, 2000- Valuation of Agribusiness Companies
• Goldman, Sachs & Co., Houlihan Lokey Howard and Zukin, McDermott, Will & Emery, 1997 Executive Briefing on New Developments  in Business Succession Planning and ESOPs, Indianapolis, Indiana, July 10, 1997- ESOP Accounting Overview
• Vedder, Price, Kaufman & Kammholz, Banking Issues Update, June 23, 1995, Merrillville, Indiana- Accounting for Bank Mergers and Acquisitions
• McDonald and Company Securities - FIRREA Act Seminar - September 19, 1989, Indianapolis, Indiana - Differing Accounting Practices of Thrifts and Banks
• Illinois Bankers Association - Bank Management Conference - November 17, 1988, Springfield, Illinois - Current Perspectives on Mergers and Acquisitions

Publications:

• “Eyes on the Road: Dos and Don’ts for a Successful M&A Strategy,” (Co-authored with Rick Childs), Bank Director, 2003 Special Supplement, Bank Mergers & Acquisitions: The Road Ahead.
• Corporate Finance Issues, Crowe Chizek  Newsletter, Summer 1997, Exploring an ESOP for Your Bank, Learn How to Play the Percentages.
• Vedder, Price, Kaufman & Kammholz, Financial Services Report, Fall 1995, “M&A Accounting- Don’t be Tripped Up by Share Repurchases
• Hoosier Banker, June, 1984 - Merger and Acquisition Planning; Non-tax Issues, Too  (Article dealt with capital planning for acquisitions).
• The Oklahoma Banker, September, 1980 - The One Bank Holding Company May Be Your Best Solution.

CPE Credit Information

Earn 2 Interactive CPE Credits (Consulting Services)
Business Valuation Resources, LLC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. www.nasba.org NASBA Sponsor