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Acclaro Valuation Advisors and Kurios Financial Advisory Announce Merger

Posted by Chris Best on Feb 7, 2013 9:38:00 AM

Chris Best, Managing Director of Acclaro Valuation Advisors, Inc. (Acclaro), and Robert H. Hicks, Jr., Managing Director of Kurios Financial Advisory, LLC, are pleased to announce the merger of their firms to form Acclaro Valuation Advisors, LLC. The merger, effective immediately, further strengthens Acclaro's outstanding team of highly credentialed professionals and significantly expands Acclaro's corporate presence on the West Coast.

Kurios Financial Advisory, LLC, was established in 2005 as a boutique business valuation, appraisal and financial advisory services firm focused on the market niches of employee stock ownership plan (ESOP) valuations and other business transition planning, tax-driven valuations, mergers and acquisitions, and investment banking. Kurios has clients in California, Oregon, Washington, Alaska, Arizona, Idaho, and Montana and serves ESOP companies small and large, including one of the 40 largest in the country.

Acclaro Valuation Advisors, Inc. was originally established by Mr. Best in 1999 as Chris Best & Company, LLC. It continues today as an independent appraisal firm specializing in the valuation of closely held businesses and business interests. The firm prepares valuations for many purposes including ESOPs, exit planning, estate planning, and financial reports. Clients range from small local businesses to large international companies from virtually every industry across the United States.

Mr. Hicks is excited about the merger. "Acclaro will help me better serve my clients with its depth of resources and staff." Mr. Best also sees clear benefits from the union, stating, "Bob's experience and expertise significantly expand our capabilities and enhance our service offerings."

Acclaro's well-trained and experienced management team holds all of the major accreditations in business valuation. The firm is a leading authority on the valuation of businesses that sponsor ESOPs.