Aranca Continues Its Expansion in the United States with Hire of Mark Shifrin, ASA
Published on 13 Oct, 2015
Senior-level Addition to Global Research & Analytics Firm will help Companies Seeking Valuation Services
Boston, Mass. (October 13, 2015): Aranca, a global customized research and analytics firm, announced today that Mark Shifrin, ASA, has joined as Vice President of Valuation & Advisory Services.
In his role, Shifrin will help Aranca meet an increasing demand for valuation services related to the diverse transaction and reporting needs of start-up, growth-stage and well-established private companies and private equity firms. Shifrin is the latest in a series of hires across Aranca’s offices in the U.S., Europe, Middle East, China and India.
Aranca’s Valuation & Advisory Services division has performed more than 4,000 independent valuations of business enterprises, investment portfolios, patents and other intangibles. The company’s valuation opinions assist clients in complying with tax regulations and financial reporting standards, and executing transactions, including mergers and acquisitions, fairness opinions for fiduciary duties and strategic planning.
"Mark’s joining is aligned to our vision of building Aranca’s position as a trusted professional services firm across diverse client segments and practice areas," said Aranca’s COO Madhusudan Rajagopalan. "He brings a wealth of experience in leading complex valuation assignments, building and managing rich relationships with clients and their advisors."
"I would strongly recommend Aranca to any firm requiring a 409A valuation," said Chas Douglis, principle of CFOaxis in Boston, who has worked with Aranca over the past decade to conduct 409A valuations for many of his clients. "Their fees are extremely competitive, the technical skills of the team are strong, and their communications and project management abilities are excellent."
Shifrin has more than 16 years of diversified valuation experience providing a complete range of services to publicly-held and privately-owned companies in manufacturing, distribution and IT, including internet, software and biotechnology industries. He has held strategic positions in valuation practices of several leading accounting and valuation firms. Most recently, he was Managing Director for Brookline Valuation Services, a valuation firm he founded in 2014.
Shifrin, of Boston, earned his MBA from the F.W. Olin Graduate School of Business at Babson College and his bachelor’s degree in business administration from the University of Massachusetts, Amherst. Mark Shifrin is recognized as an Accredited Senior Appraiser (ASA) in Business Valuations by the American Society of Appraisers.
"Aranca’s differentiation is built around strong credentials and deep experience in business valuation, coupled with complementary capabilities in investment research, market intelligence and intellectual property research. Aranca’s diverse global clientele presents significant untapped growth opportunity for the valuation practice," Shifrin said. "This is an exciting time for the firm as it expands its role in the U.S., and I look forward to helping Aranca clients understand and successfully navigate their competitive business environments."
Aranca delivers custom research and analysis-backed conclusions to Fortune 500 companies, investment firms and start-ups. The company’s 550 research analysts, based in the US, Europe, Middle East, China and India, deliver insights to more than 2,000 clients across market segments, technology domains and geographies. Aranca’s research solutions are structured around five service areas including Investment Research & Analytics, Business Research & Advisory, Valuation Advisory, Procurement Research and Intellectual Property Research.
To learn more, please visit www.aranca.com
T: +91 22 3937 9999 (Ext. 407)