Gary Frantzen leads Alvarez & Marsal’s Valuation Services practice in Chicago. He specializes in the valuation of businesses and business interests including equity, liabilities and debt securities, options and other derivative securities / instruments, intellectual property and other tangible and intangible assets.
Mr. Frantzen has provided opinions of value, fairness and solvency for a wide variety of purposes including financial reporting, tax planning and reporting, dispute resolution, mergers and acquisitions and other business purposes.He has advised clients regarding the value impact of potential strategic alternatives, business plans and enterprise transactions; valued assets for business combinations, fresh start accounting and impairment measurement; valued business interests for tax planning and reporting, and has provided independent fairness and solvency opinions regarding contemplated transactions.
With more than 25 years of experience, Mr. Frantzen has provided valuation advice in a wide variety of situations and industries to management, board members and special committees, attorneys, individuals and the courts. Notable assignments include: the valuation of tangible and intangible assets of a multi-billion dollar, multinational corporation for fresh start accounting; the valuation of the assets of a regional health system with respect to its acquisition by a major university medical center; the valuation of large water and transportation infrastructure projects for financing-related purposes and financial reporting; the valuation of the tangible and intangible assets of a large, multinational chemical producer acquired by a large private equity sponsor; and the valuation of the shares of a publicly-traded hospital management company related to a dissenting shareholder dispute when their shares were acquired in a private transaction.
Mr. Frantzen also developed economic value measurement frameworks for developing strategic and financial alternatives, measuring business unit value contributions and analyzing pro forma performance of potential business combinations. He has appeared as an expert witness in depositions, hearings and trials regarding valuation disputes litigated in administrative procedures, state courts and federal court.
Mr. Frantzen has worked with clients in healthcare services, chemicals, transportation, automotive and aerospace, construction materials, business and consumer services, infrastructure and utilities, financial institutions and insurance, food and agricultural products, paper and packaging, retail and wholesale distribution and industrial products.
Most recently, Mr. Frantzen managed the Chicago office and served as the national chair of the healthcare industry practice at American Appraisal Associates. Earlier, he was a partner at Arthur Andersen, where he was the co-leader of the strategic valuation services group in Chicago.
Mr. Frantzen earned a bachelor’s degree in civil engineering from the University of Illinois at Urbana-Champaign and master’s degree in business administration from DePaul University in Chicago. He is a Chartered Financial Analyst (CFA) and registered as a General Securities Representative and Securities Agent (FINRA Series 7 and 63). He is a member of the American Society of Appraisers, The Executives Club of Chicago and the CFA institute and CFA Society of Chicago.