ValuSource and the Institute of Business Appraisers (IBA) have agreed to terms whereby IBA’s assets have been acquired by a partnership of investors, including the National Association of Certified Valuation Analysts (NACVA).  Howard Lewis has left his position as National Program Manager for Valuation Programs at the IRS to replace Michele Miles as Executive Director of the IBA.  Michele will be staying with the IBA as a consultant and is working with BVR on a series of new products targeted at training litigators on BV topics.  Some IBA and NACVA training events have already been merged.   BVR anticipates that, under Lewis’ leadership, IBA members will benefit—and that some of the confusion created by the existence of four professional associations in the BV profession will be diminished as the IBA, NACVA, and ValuSource combine operations and resources.