People: Three valuation professionals have been admitted as partners at Chicago-based BDO USA in its Valuation and Capital Markets Analysis Group: Steven Kurtz, MAI, MRICS (New York City), whose focus areas are real estate, valuations, and advisory; Vincent Mercader, ASA (Detroit), who provides valuation consulting services; and Chrissa Qiu, whose areas of focus are valuations of intellectual property, portfolio investments, complex capital structures, and equity allocations.
Firms: Columbus, Ohio-based GBQ Partners LLC is spinning off its valuation and employee stock ownership plan (ESOP) advisory teams into a new entity—GBQ Capital Advisors—that will continue to specialize in the valuation of businesses, business interests, and intangible assets in the context of transaction advisory, financial reporting, ESOPs, shareholder transactions and buy-sell agreements, equity-based compensation, estate and gift planning, and various corporate-related matters … Further expanding its footprint in Southeast Asia and Australia (SEAA), Alvarez & Marsal (A&M) has opened a new office in Vietnam … San Francisco-based BPM LLP has launched a new data analytics service that aims to help clients make data-driven decisions to propel growth, manage their risks, and improve overall business performance … Dubuque, Iowa-based Honkamp Krueger & Co. will now be known as Honkamp PC, and the firm has also unveiled a revised logo.
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