Anand Sheth is a director in the Los Angeles office and part of the Valuation Advisory Services practice. Anand has more than 13 years of corporate finance experience, including 11 years of valuation and financial analysis experience with Duff & Phelps.
Anand has directed valuation studies of businesses, interests in businesses and intangible assets/intellectual property for a variety of purposes, including transaction pricing, financing, financial reporting (ASC §805, §350, §360, and §718), valuation due diligence, domestic and international tax, transfer pricing, litigation, joint venture formation and stock option pricing.
Past and current clients range in size from private, early stage companies to Fortune 500 public companies in the entertainment, media, internet/e-commerce, computer hardware and software industries. Additionally, Anand has serviced numerous prominent entertainment and media companies and has been directly involved with several high profile acquisitions within the entertainment and media industry.
Anand has serviced numerous prominent entertainment and media companies such as A&E Networks, AMC Entertainment, CBS, Citadel Broadcasting, Comcast, Cox Communications, Core Media, Cumulus Media, DIRECTV, Liberty Media, Media General, Miramax, NBC Universal, News Corporation/Fox, Sirius Satellite Radio, Sony, Summit Entertainment, Viacom, Vivendi and The Walt Disney Company.
He has played a key role in numerous high profile acquisitions within the Entertainment & Media Industry, including Dalian Wanda Group’s acquisition of AMC Entertainment, Comcast’s acquisition of NBC Universal, Apollo LP’s acquisition of CKx (Core Media), Colony Capital’s acquisition of Miramax, Blackstone’s acquisition of Busch Gardens (SeaWorld Parks), CBS’s acquisition of CNET, Sirius Satellite Radio’s acquisition of XM Satellite Radio, Citadel Broadcasting’s acquisition of ABC Radio, the acquisition of MGM by an investment group led by Sony, News Corporation's acquisiton of the remaining public interest in Fox Entertainment, and NBC’s acquisition of Vivendi Universal Entertainment.
Anand joined Duff & Phelps in conjunction with the merger of Standard & Poor’s Corporate Value Consulting with Duff & Phelps. Previously, he was with the valuation services group at PricewaterhouseCoopers LLP. Anand began his career working with various restructuring and mergers and acquisitions advisory firms.
Anand received his M.B.A. from The Paul Merage School of Business at the University of California at Irvine and his B.A. in economics from the University of California at Irvine. He is also an accredited senior appraiser and member of the American Society of Appraisers.