David brings over a decade of experience in consulting clients on ownership transition, business valuation, financial management, and mergers and acquisitions. Prior to becoming a principal at Matheson Financial Advisors, he was managing principal of Exit Strategy Management, a consulting firm he founded to provide financial advisory services to the design industry. David assumed the position of principal at Matheson Financial Advisors in 2006 when Exit Strategy Management and Matheson Financial Advisors merged.
David has completed appraisal assignments for purposes of mergers and acquisitions, internal ownership transition and succession planning, Employee Stock Ownership Plans (ESOPs), and various litigation support engagements. He has assisted clients with all facets of ownership transition planning including analyzing the financial makeup of the company, designing stock valuation formulae, testing the financial feasibility of various stock transition options, and making recommendations for the shareholder’s agreement. He has also advised clients through the mergers and acquisitions process-helping them identify potential buyers or sellers, conducting due diligence, negotiating, structuring and closing the deal, and integrating the firms.
As an expert in financial advisory services, David conducts seminars on the topics of financial management, valuation, and ownership transition planning for the design industry, as well as leading in-house educational presentations for firms nationwide and speaking at ACEC and AIA National and State conferences and seminars. Prior to founding Exit Strategy Management, David was a shareholder with another industry consulting firm, where he headed up the ownership transition planning unit within the Financial Advisory Services group. He also holds a Law Degree and has practiced law in the areas of class action litigation, commercial proceedings, and civil actions.
David graduated from the University of Miami (FL) and earned a Bachelor of Business Administration degree with a major in Accounting. He also earned his Juris Doctorate from the University of Miami School of Law and is licensed to practice law in Florida and Massachusetts. In addition to being a member of the American Society of Appraisers, David received the coveted Accredited Senior Appraiser (ASA) designation with a specialization in business valuations.