Pine Tree Equity Recapitalizes Marshall & Stevens
Pine Tree Equity IV, LP (“Pine Tree Equity”), a private equity firm based in Miami, FL, is pleased to announce that it has made an investment in Marshall & Stevens (“Marshall” or the “Company”) in December 2022. The Company, founded in 1932 and headquartered in Los Angeles, CA, is a leading provider of independent valuation and advisory services to middle market companies, providing multi-disciplinary solutions for independent assessments of corporations, debt and equity instruments, infrastructure, intangible assets, machinery and real estate. The Company services a broad spectrum of both publicly traded and privately held clients, including large banks and financial institutions, consumer product companies, commercial real estate firms, healthcare services companies, industrial and infrastructure companies, investment funds, non-profit organizations, professional associations and technology companies. For additional information, please visit www.marshall-stevens.com.
The financial and accounting advisory industry, in which Marshall operates, is estimated to be an approximately $12.2 billion industry, having experienced a compounded annual growth rate of over 4.6% over the past ten years and with a forecasted growth estimates of 7.5% annualized growth for the next five years. The valuation advisory services segment within the financial and accounting advisory industry is primarily driven by new business filings, transaction and financing activity, number of initial public offerings, corporate litigation activity, number of corporate bankruptcies and regulatory reporting requirements. In addition, the industry is highly fragmented, with more than 86,000 valuation advisory services companies currently operating in the United States accounting for approximately 80.0% of the market, providing significant opportunity for Marshall to grow through acquisition.
Pine Tree Equity has made an investment in partnership with executive management that remain in operating control of the business. The capital will allow them to continue their exceptionally strong history to capitalize on the strong rends in the financial and accounting advisory industry. Marshall marks Pine Tree Equity’s 108th investment since Pine Tree Equity’s inception in 2007.
Pine Tree Equity
Pine Tree Equity, based in Miami, FL, is a private equity firm focused on the investment in and expansion of small capitalization companies – with revenue of $10.0 million to $50.0 million – in partnership with management. For additional information, please visit www.pinetreeequity.com or please call Jeff Settembrino at (305) 808-9820.