Press Release

Capstone Adds Senior Valuation Expert Ronald Adams to Expand Practice

February 16, 2010

Boston, MA - Capstone Partners LLC, a leading national investment banking firm, today announced that Ronald J. Adams has joined the firm as Managing Director and head of the valuation practice.  The addition of Ron Adams to Capstone’s executive team marks another significant strategic move for the firm.  “Having just completed our healthcare and merchant banking efforts, this initiative is an exciting extension for our platform,” commented John Ferrara, President and Managing Partner of Capstone.  “Ron brings decades of experience and leadership in specialized valuation disciplines that are in high demand,” added Ferrara.

 

Mr. Adams is a certified public accountant (CPA), a certified valuation analyst (CVA), accredited in business valuation (ABV) and certified in financial forensics (CFF).  Over his 30 year career, Ron has assisted hundreds of corporate and individual clients in valuation and related engagements.  Former clients include General Electric, Seaman Paper, Raytheon, Ascential Software, BioVex, Millennium Pharmaceuticals, Industrial Growth Partners, Summit Partners, Sorono Labs, Angstrom Medical, Ipswitch, Mass General, Northeast Health System, Pioneer Surgical, Perkin Elmer, Progress Software, Inverness Medical and Sitara Networks. 

 

Ron’s expertise will extend Capstone’s valuation practice beyond business enterprise valuations and fairness opinions into areas such as intangible assets, minority and control equity ownership interests, goodwill impairment, stock and stock options, fairness opinions, litigation support and expert witness testimony in various legal matters involving business valuations in marital dissolution, equity buy-out and dissenting shareholder cases, valuation of intellectual property, matters involving economic damages and loss of income, and executive compensation.

 

“I am excited about Capstone’s commitment to building a leading valuation practice.  The firm’s network, reputation and current investment banking advisory services are all extremely complimentary to my focus area and targeted client base,” commented Mr. Adams.  “This combination is going to be a powerful one during a time when the need for sophisticated valuation services, litigation support and expert testimony is prolific in the commercial lending, private equity, financial accounting and reporting, legal and corporate communities,” noted Adams.

 

Prior to joining Capstone, Mr. Adams ran the valuation practice at Newbury Piret & Co., an investment banking boutique based in Boston.  He has also served as the New England District Manager for American Appraisal Associates and Director of Management Consulting for PricewaterhouseCoopers.  He was Vice President of Finance for a 200-bed acute care community hospital and the founder and president of his own management consulting and business valuation firm, Foxboro Consulting Group, Inc.  Mr. Adams is a fellow of the Massachusetts Society of Certified Public Accountants as well as a member of the American Institute of Certified Public Accountants, the Institute of Business Appraisers, the National Association of Certified Valuation Analysts and the Association for Corporate Growth.  He can be reached at (617) 619-3367, or via e-mail at radams@capstonellc.com.

Capstone Partners LLC is a leading national investment banking advisory firm dedicated to serving the transaction needs of middle market companies.  The firm provides corporate sale & divestiture, merger & acquisition, private placement and valuation advisory services.  Capstone focuses on the outsourced services, technology solutions, and manufacturing & distribution industries and maintains dedicated sector teams in both education and healthcare.  The firm also maintains an active merchant banking capability through Capstone Ventures to actively co-invest in support of its clients’ transactions.  www.capstonellc.com