Valuation and consulting for financial reporting, federal, state and local tax, investment and risk management purposes.Valuation Advisory
Derrick Nickels is a managing director in the Chicago office and part of the Valuation Advisory Services business unit. He has more than 20 years of experience with the firm, starting with the Valuation Services Group within Coopers & Lybrand LLP. Derrick specializes in performing valuations of businesses, debt and equity securities, intangible assets, and contingent assets and liabilities in the consumer and industrial products industries.
Derrick has extensive experience in advising and assisting clients with implementation of business combinations (ASC 805 & IFRS 3), goodwill and asset impairments (ASC 350/360 & IAS 36/38), and share-based payments (ASC 718 & IFRS 2). Additionally, Derrick has provided clients with valuation services including legal entity valuations, tax planning, gift and estate tax planning, purchase and sale advisement, collateral financing, fresh start accounting, strategic planning, and other corporate related matters.
Derrick received his B.A. in finance, with high honors, from Michigan State University. He is also a Chartered Financial Analyst (CFA) Charterholder and a member of the CFA Society of Chicago and the CFA Institute.
has sold its Power Solutions Business to
Independent financial advisor to the board of directors of Johnson Controls
$130 million credit facility