Qualifications – Senior Professionals
Chris
M. Mellen, ASA, MCBA, CM&AA, MBA – President
Mr. Mellen is the president and founder of Delphi Valuation Advisors, Inc. and a principal in American Business Appraisers, specializing in the valuation of closely held businesses, professional practices and intangible assets. He holds the Accredited Senior Appraiser (ASA) and Master Certified Business Appraiser (MCBA) designations, and is the first business appraiser in Massachusetts to hold both designations. He also holds the Certified Merger & Acquisition Advisor (CM&AA) designation and has an MBA from Babson College and a Bachelor of Arts from McGill University. His experience includes completion of over 1,600 valuations of such entities and assets. He has performed business valuations over the past 18 years in a wide range of industries for such purposes as tax planning and compliance, strategic planning, financing, mergers and acquisitions, post-acquisition purchase price allocation, financial reporting (FASB 123/141/142), estate planning, buy-sell agreements, marital dissolution, shareholder disputes, and appraisal review. Chris currently serves on the Appraisal Issues Task Force, the faculty of The Institute of Business Appraisers (IBA), and the Editorial Board for Business Appraisal Practice. He has served as Governor of the Northeast Region (New England, New York and Eastern Canada) of the IBA for six years, on the Qualifications Review Committee for the IBA for six years, and as President of the Boston Chapter of the American Society of Appraisers for one year. He also served as national Chairman of the Business Valuation Committee of BKR International, consisting of approximately 35 accounting and consulting firms across the country for over four years. He has held senior level positions in the valuation departments of two major accounting firms Tofias, P.C. as a Principal and KPMG as a Director of Valuation Services. In addition, Chris has published several articles on valuation-related matters, led numerous seminars, and provided expert testimony in court.
Download the CV of Chris Mellen (51k PDF)
Francis
D. Mainville, CPA/ABV, CFA, MSF – Director
Frank Mainville is a director with Delphi specializing in the valuation of closely held businesses, professional practices, derivative securities, and intangible assets. His experience over the past twelve years includes advising owners of closely held companies in the area of mergers and acquisitions, and business valuation issues. Within business valuation, Frank has developed a particular expertise in valuations required for 409A/123(R) compliance. Prior to joining Delphi, he was the Manager of Financial Analysis and Planning at WordWave, Inc., a $100 million in revenue, private-equity backed consolidation of the global court reporting and captioning industry. He has also held positions as an associate director with BKR Mergers & Acquisitions Group LLC, business valuation consultant and audit senior with Tofias, P.C., and financial analyst with Fidelity Investments. Frank earned his Master of Science degree in Finance (“MSF”) from the Carroll School of Management at Boston College and his Bachelor of Arts in Economics and a Bachelor of Business Administration from the University of Massachusetts at Amherst. He is licensed in the Commonwealth of Massachusetts as a Certified Public Accountant, and is accredited by the AICPA in business valuations (“CPA/ABV”). He is also a CFA Charterholder (“CFA”) and a member of the CFA Institute and the Boston Security Analyst Society (“BSAS”).
Patrice
L. Riela, CBA, CPA – Director
Patrice Riela is a director with Delphi, specializing in the valuation of closely held businesses, professional practices, and intangible assets. Prior to joining Delphi, Patrice was a consultant in the valuation and litigation services group of Tofias, P.C., where she specialized in business valuation, litigation support, audit related services, construction contract surety and construction compliance related services. Prior to her 3.5 years at Tofias, she was a consultant with a boutique consulting firm in New York City, Kahn Consulting, Inc., focusing on construction litigation matters, investigative auditing work, business valuations, Chapters 7 and 11 bankruptcy proceedings, database design work, and financial advisory services. Prior to her experience as a consultant with Kahn, she was a credit underwriter for a large insurance company, where she performed in-depth financial analyses of mid to large-size construction companies. Patrice earned a Bachelor of Science in finance from Boston College. She subsequently received a Certificate of Accounting from New York University's, Leonard N. Stern School of Business, passed all four parts of the CPA exam in her first sitting, and is licensed in the State of New Hampshire as a Certified Public Accountant (“CPA”). Patrice is a Certified Business Appraiser (“CBA”) and also a member of The Institute of Business Appraisers, Inc.
American Business Appraisers® Valuation Professionals
Should it be necessary, select valuation professionals within the American Business Appraisers® affiliation may assist in the completion of a given engagement. Visit the website of American Business Appraisers® for additional background.
