Select Engagements Sale of the Company to a strategic buyer Financial Opinion Newly formed ESOPacquired a minority interestFinancial OpinionThe Ramkota Companies, Inc.Newly formed ESOPacquired a controlling interestFinancial OpinionNewly formed ESOPacquired 100% interestFinancial OpinionESOP acquired a minority interestFinancial OpinionLearn moreSale of the Company to NV5 Global, Inc. Financial Opinion Newly formed ESOPacquired 100% interestFinancial OpinionLearn moreESOP Acquired 100% Interest Financial Opinion has become100% ESOP ownedFinancial OpinionLearn moreNewly formed ESOPacquired 100% interestFinancial OpinionDienen, Inc.Newly formed ESOPacquired 100% interestFinancial OpinionMerger of 100%ESOP-owned companiesFinancial OpinionNewly formed ESOPacquired 100% interestFinancial OpinionNewly formed ESOPacquired a minority interestFinancial OpinionNewly formed ESOPacquired 100% interestFinancial OpinionNewly formed ESOPacquired a minority interestFinancial OpinionSale of the Company toNFP Corp.Financial OpinionESOP acquired a controllinginterest to become 100% ESOPFinancial OpinionESOP acquired acontrolling interestFinancial OpinionSale of the Company toTectum Holdings, Inc.Financial OpinionNewly formed ESOPacquired 100% interestFinancial OpinionAcquisition ofFAST Manufacturing, Inc.Financial OpinionSale of the Companyto Pratt Industries, Inc.Financial OpinionNewly formed ESOPacquired a minority interestFinancial OpinionESOP acquireda minority interestFinancial OpinionSale of the Company toDot Family Holdings &Svoboda Capital PartnersFinancial OpinionNewly formed ESOPacquired 100% interestFinancial OpinionESOP acquired minorityinterest of the CompanyFinancial OpinionNewly formed ESOPacquired 100% interestFinancial Opinion« PrevNext »Ask the expertContact Steve Nelson for more information on Fairness OpinionsSteve Nelson > > Typical fairness opinion engagements include: Feature Body: Chartwell leverages its extensive valuation and investment banking experience to deliver comprehensive analysis, well-reasoned, and unbiased opinions. Whether for related–party transactions, transactions involving competing offers, or limited market check transactions, independent fairness analysis and opinions are critical to boards of directors, special committees, other corporate fiduciaries, and business owners. Chartwell’s strong fundamental analysis withstands scrutiny from shareholders, creditors, regulatory bodies, or counterparties to a transaction. With a longevity and reputation unmatched by most, Chartwell’s analysis and opinions help fiduciaries mitigate risk amid an environment of elevated scrutiny. Typical fairness opinion engagements include: Mergers & acquisitions Going private and insider transactions Recapitalizations Related party transactions Special dividends Down-round financings ESOP/ERISA transactions Sierra 2018 Fairness Sale of the Companyto a strategic buyerFinancial Opinion Company logo: North River Boats 2017 Fairness Newly formed ESOPacquired a minority interestFinancial Opinion Company logo: Ramkota 2017 Fairness Newly formed ESOPacquired a controlling interestFinancial Opinion Title text: The Ramkota Companies, Inc.Company logo: Haven Building Products 2016 Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: TRS 2016 Fairness ESOP acquired a minority interestFinancial OpinionLearn more Company logo: Sebesta Sale of the Company to NV5 Global, Inc.Financial Opinion Company logo: Pro-Tec Fairness Newly formed ESOPacquired 100% interestFinancial OpinionLearn more Company logo: Smith Seckman Reid ESOP Acquired 100% InterestFinancial Opinion Company logo: Diamond Line 2016 Fairness has become100% ESOP ownedFinancial OpinionLearn more Company logo: Miller Insulation - FO Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: Dienen Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Title text: Dienen, Inc.Company logo: Fargo Hose Fairness Merger of 100%ESOP-owned companiesFinancial Opinion Company logo: Schmitty & Sons Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: Norco Fairness Newly formed ESOPacquired a minority interestFinancial Opinion Company logo: City Auto Glass Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: ArcherPoint Fairness Newly formed ESOPacquired a minority interestFinancial Opinion Company logo: Thoits Sale of the Company toNFP Corp.Financial Opinion Company logo: Litehouse ESOP acquired a controllinginterest to become 100% ESOPFinancial Opinion Company logo: NRS ESOP acquired acontrolling interestFinancial Opinion Company logo: Retrax Sale of the Company toTectum Holdings, Inc.Financial Opinion Company logo: The Bernard Group Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: WASP Acquisition ofFAST Manufacturing, Inc.Financial Opinion Company logo: RMP Sale of the Companyto Pratt Industries, Inc.Financial Opinion Company logo: Brin Glass Newly formed ESOPacquired a minority interestFinancial Opinion Company logo: Helsing Group ESOP acquireda minority interestFinancial Opinion Company logo: Grabber Sale of the Company toDot Family Holdings &Svoboda Capital PartnersFinancial Opinion Company logo: Nina Hale Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: SCIPI ESOP acquired minorityinterest of the CompanyFinancial Opinion Company logo: Tradehome Newly formed ESOPacquired 100% interestFinancial Opinion Company logo: Service Category: Transaction Opinions Steve Nelson, ASA Steve Nelson, ASA Managing Director Dallas, TX 612-230-3131 steve.nelson@chartwellfa.com V-card Steve has been with Chartwell for nearly 20 years and leads the firm’s valuation and transaction opinions practice. He has provided financial advisory services to privately held companies for over 25 years and is an expert on valuation issues related to Employee Stock Ownership Plans. He also advises clients on a wide variety of corporate finance, valuation, financial fairness, mergers, acquisitions, divestitures, and general corporate matters. Steve has performed valuations as a court-appointed appraiser and provided expert witness testimony. His financial opinions have consistently withstood scrutiny by the Internal Revenue Service and the Department of Labor. MEMBERSHIPS & DESIGNATIONS Steve is an active member of The ESOP Association, where he currently serves on the Valuation Advisory Committee. He is also a member of the National Center for Employee Ownership. Steve has written articles and made various presentations on valuation and ownership transition for a variety of professional groups and boards of directors. Steve is designated as an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers (ASA) and is a past President of the Twin Cities Chapter of the ASA. He is a registered representative with Chartwell affiliate, CCS Transactions, LLC and holds FINRA Series 63 and 79 licenses. PRIOR EXPERIENCE & EDUCATION Prior to Chartwell, Steve was part of the valuation services group at Hawthorne Financial Advisors. Steve holds a Bachelor of Arts degree in finance from the University of St. Thomas.
North River Boats 2017 Fairness Newly formed ESOPacquired a minority interestFinancial Opinion Company logo:
Ramkota 2017 Fairness Newly formed ESOPacquired a controlling interestFinancial Opinion Title text: The Ramkota Companies, Inc.Company logo:
Haven Building Products 2016 Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Company logo:
Dienen Fairness Newly formed ESOPacquired 100% interestFinancial Opinion Title text: Dienen, Inc.Company logo:
Grabber Sale of the Company toDot Family Holdings &Svoboda Capital PartnersFinancial Opinion Company logo:
Steve Nelson, ASA Steve Nelson, ASA Managing Director Dallas, TX 612-230-3131 steve.nelson@chartwellfa.com V-card Steve has been with Chartwell for nearly 20 years and leads the firm’s valuation and transaction opinions practice. He has provided financial advisory services to privately held companies for over 25 years and is an expert on valuation issues related to Employee Stock Ownership Plans. He also advises clients on a wide variety of corporate finance, valuation, financial fairness, mergers, acquisitions, divestitures, and general corporate matters. Steve has performed valuations as a court-appointed appraiser and provided expert witness testimony. His financial opinions have consistently withstood scrutiny by the Internal Revenue Service and the Department of Labor. MEMBERSHIPS & DESIGNATIONS Steve is an active member of The ESOP Association, where he currently serves on the Valuation Advisory Committee. He is also a member of the National Center for Employee Ownership. Steve has written articles and made various presentations on valuation and ownership transition for a variety of professional groups and boards of directors. Steve is designated as an Accredited Senior Appraiser in Business Valuation by the American Society of Appraisers (ASA) and is a past President of the Twin Cities Chapter of the ASA. He is a registered representative with Chartwell affiliate, CCS Transactions, LLC and holds FINRA Series 63 and 79 licenses. PRIOR EXPERIENCE & EDUCATION Prior to Chartwell, Steve was part of the valuation services group at Hawthorne Financial Advisors. Steve holds a Bachelor of Arts degree in finance from the University of St. Thomas.
