Belanger Valuation

About Ed Belanger

Ed Belanger has over twenty-five years of business and intangible asset valuation experience, including twelve years at Big Four accounting firms, and ten years in leadership roles with national and global valuation firms. In his career, he has served clients ranging from PE-backed and family-owned lower middle-market businesses to large, global public companies, leading business valuations for a multitude of financial reporting, transactional, and corporate tax needs. He has strong industry expertise in many technology sectors, telecommunications and media, energy, retail and restaurants, manufacturing and distribution, food processing, and professional services.

Ed has been on both sides of the audit review process hundreds of times for financial reporting valuations performed under the standard of Fair Value (ASC 820), including purchase price allocations (ASC 805), impairment testing (ASC 350 and ASC 360), equity-based compensation (ASC 718) and complex securities, portfolio review, and fresh start accounting (ASC 852). All of the ‘Global Six’ accounting firms, along with many major national and regional firms have successfully reviewed his work.

For transactional valuation needs, Ed has led numerous fairness and solvency opinions, primarily for clients in the telecom, energy and technology sectors. He has served private equity firms and public companies regarding potential acquisitions, including performing valuation analysis, financial modeling and due diligence. He has advised business owners seeking to buy out or add a partner, make an acquisition, or respond to an offer to purchase their business.

Over twenty-five years of business and intangible asset valuation experience.

In the corporate tax area, Ed’s experience includes the valuation of companies, subsidiaries, investments and assets for cross-border reorganizations, net operating loss carry-forward limitations (IRC §328), like-kind exchanges (IRC §1031), cheap stock (IRC §409A), personal goodwill and non-compete agreements (§280G), C-Corp to S-Corp conversions (§ 1374), interest expense allocation (§861), worthless stock deduction, outside tax basis and property tax.

Ed has performed numerous valuations of businesses, companies and intellectual property for financing purposes. This work includes the valuation of intellectual property (trademarks, brand names, patents, data libraries and rental stream assets) for asset-based lenders, mid-sized companies for commercial lenders, and small owner-operated businesses for SBA loan documentation.

Ed holds the Chartered Financial Analyst designation from the CFA Institute and the Accredited Senior Appraiser designation in Business Valuation from the American Society of Appraisers. Ed has a BS in Industrial Engineering from Northwestern University, and MS in Engineering Management from Southern Methodist University, and an MBA with a concentration in Finance, from the University of Texas at Austin. His LinkedIn profile is www.linkedin.com/in/edbelanger/.