Deloitte adds some value.
As part of the acquisition, 18 Avail professionals, including one principal and two directors, will join Deloitte FAS, strengthening the organization's valuation services offering in the Mid-America region. Financial terms of the transaction were not disclosed.
Founded in 2002, Avail has significant experience advising companies across a wide range of industries and has a particular depth of capabilities in real estate valuation, equipment valuation, cost segregation and business valuation.
Frank Piantidosi, chairman and chief executive officer of Deloitte FAS, said, "Avail's leadership and team of professionals have built a successful, growing business that is an excellent complement to Deloitte FAS' Valuation Services practice. Avail shares our commitment to excellence, depth of experience in valuation and financial advisory services and a track record of developing strategic relationships with clients. We're delighted to welcome Avail CEO E.J. Huntley and his team to Deloitte FAS."
"This acquisition is consistent with our growth plan for our valuation services business and will enhance Deloitte FAS' ability to offer world-class valuation services," said David Williams, Deloitte FAS' national managing principal, Valuation Services.
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|Title Annotation:||Deloitte Financial Advisory Services LLP acquired certain assets of Avail Consulting LLC|
|Publication:||Real Estate Weekly|
|Article Type:||Brief article|
|Date:||Jul 26, 2006|
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