PJ Patel is Co-CEO, senior managing director, and a member of VRC’s board of directors. PJ leads the firm’s financial reporting practice, the global valuation services of our international network, Valuation Research Group, in addition to other strategic growth initiatives and relationships for VRC, as the U.S.-based partner of the globally-focused group.
Mr. Patel frequently presents on valuation issues relating to ASC 805, ASC 350/360, and ASC 820. In addition, he has been on the Fair Value panel at the AICPA SEC Conference. He is often quoted in the press regarding valuation issues.
Mr. Patel has over 25 years of financial and valuation advisory experience focusing on financial reporting and tax assignments for public companies, private equity firms, and their portfolio companies. He has worked with well-known firms such as The Carlyle Group, Mondelez, PepsiCo, AmerisourceBergen, and Quest Diagnostics.
He specializes in the valuation of business enterprises and their underlying intangible assets, including brands, trademarks, patents, customer contracts and relationships, software, and IPR&D. Mr. Patel also values businesses and IP for tax reporting and financing purposes.
Professional Affiliation Committees:
Chair and active member of the Appraisal Issues Task Force (AITF)
Member of the Appraisal Foundation’s Business Valuation Resource Panel and Working Group, which prepared the 2016 industry Practice Aid for valuing customer-related intangible assets
Member of the LES committee preparing best practices on IP valuation
Member of the American Society of Appraisers Business Valuation Committee