Specialisations
Valuation expert proficient in valuing shares, valuing companies, determining goodwill, establishing normal income for entrepreneurs or directors (DGA), and skilled in economic damage calculations. Valuation assignments in the context of (legal) disputes or situations where value needs to be determined and there is no free market competition.
Chris can best be characterized as an enterprising strategist who translates his solid theoretical background into practical solutions for his clients. This makes him a highly valued partner for many entrepreneurs.
He studied commercial economics at the Amsterdam University of Applied Sciences, followed the training program for Registered Business Succession Advisor at Avans University of Applied Sciences, studied Business Valuation at RSM/Erasmus University, completed the Forensic Economics program at Leyden School of Law and Economics, and attained a Master’s degree in Business Valuation from TIASNIMBAS Business School/ Tilburg University.
After holding various sales and marketing positions, he has been involved in business acquisitions, business valuation, and business financing from various perspectives since 1996. He previously served as a partner and member of the executive board at a medium-sized accounting firm, as well as a business banker, business advisor, product manager, and regional manager.
His blend of commercial and business-economic knowledge allows him to identify (hidden) value and opportunities within businesses and offer advice when necessary to preserve and transfer value.
Additionally, Chris is the core instructor for the Business Valuation and Transaction Guidance for Business Succession program at MFAS, serves as a teacher at The Legal Academy, and regularly conducts “in-house” courses and lectures in the field of business valuation. He also serves as a board member of the Dutch Institute for Registered Valuators.
Work Experience
2013-present, ValuePro Business Valuation & Advisory, founder; valuation expert, economic damage specialist.
2005-2013, De Hooge Waerder Accountants & Advisors, partner, director, and executive board member; valuation expert and corporate finance specialist.
2001-2005, Rabobank, relationship manager for large corporations; specialist in acquisition financing.
1998-2001, Intres Business Consulting, business advisor; business valuation, business acquisitions, financing issues, feasibility studies.
1998, Ucosan, assortment manager; interim assignment for organizational restructuring and commercial policy.
1996-1998, Primera, regional manager; overseeing 50 stores, location assessments, valuations, business acquisitions.
1994-1996, Rothmans Tobacco Company; sales promoter.
Additional Positions
2022-present; Editorial member, Journal of Family Businesses.
2022-present; Treasurer, Pieter Vermeulen Museum.
2021-present; Research on required rate of return for Dutch and non-listed companies.
2015-2020; Board member (Secretary), Dutch Institute for Registered Valuators.
2010-2015; Chair of PR Committee, Dutch Institute for Registered Valuators.
2013-2021; Advisory board member for an ICT company active in paramedical and mental healthcare sectors.
2013-present; Regular contributor (author) to PE Journal for Business Succession/Family Businesses.
2013-present; Part-time lecturer in Business Valuation at The Legal Academy.
2012-present; Part-time lecturer in Business Valuation at MFAS course institute.
2008-2012; Part-time lecturer in business financing at Avans University of Applied Sciences+.
Education
Bachelor’s in Commercial Economics from Amsterdam University of Applied Sciences.
Postgraduate program in Registered Business Succession Advisor at Avans University of Applied Sciences.
Postdoctoral program in Business Valuation at RSM Erasmus University.
Executive Master’s in Forensic Economics at Leyden School of Law and Economics.
Master of Science in Business Valuation from TIASNIMBAS Business School, Tilburg University.
Other
Registered in the Register for Registered Valuators since July 2008, registration number 186. Applicable codes of conduct and professional regulations can be found at www.nirv.nl.
Registered in the National Register of Judicial Experts since 2010, revalidated in 2015, registration number D0157. Applicable codes of conduct and professional regulations can be found at www.lrgd.nl.
Binding Advisory Assignments
2022, Valuation of shares in a company in the transportation sector (inner-city package delivery) for the purpose of shareholder buyout.
2022, Valuation of shares in a company in the business services sector (online marketing) for the purpose of shareholder buyout.
2022, Valuation of shares in a company in the business services sector (staffing and software implementation) for the purpose of shareholder buyout.
2022, Valuation of shares in a company in the civil engineering sector, as well as financing structure assessment for the buyout of a shareholder due to retirement.
2022, Valuation of shares in a company in the business services sector (staffing and software implementation) for the purpose of shareholder buyout.
2021, Valuation of shares in a company in the media industry for the purpose of shareholder buyout.
2021, Valuation of shares in a company in the business services sector for the purpose of shareholder buyout.
2021, Valuation of shares in a company in the business services sector for the purpose of shareholder buyout.
2020, Valuation of an accounting firm for the participation of a partner.
2019, Valuation of shares in a real estate exploitation company for the purpose of shareholder buyout.
2019, Valuation of a training company for the purpose of partner buyout.
2019, Valuation of
shares in a leisure sector company for potential shareholder buyout or activity division.
2019, Valuation of shares in an ICT and staffing sector group of companies for activity division.
2017, Valuation of shares in a construction company for the purpose of shareholder buyout.
2017, Valuation of shares in a construction company for the settlement of an estate on behalf of executors.
2017, Voluntary valuation of shares in an ICT company for divorce purposes.
2017, Calculation of economic damages due to wrongful IP rights blocking.
2015, Valuation of shares in a retail company for divorce purposes.
2015, Valuation of shares in a business services company for shareholder buyout.
2015, Valuation of shares in an industrial company for shareholder buyout.
Transaction Guidance
Between 1996 and the present, I have provided guidance for over 250 merger and acquisition processes, with transaction values ranging from €500,000 to over €100 million.
Assignments for Tax Authority Alignment
2022, Valuation of shares in a private limited company engaged in various international leisure sector participations, for alignment of value for Business Ownership Succession Relief (BOR) application.
2021, Valuation of shares in a private limited company engaged in various participations, due to repatriation.
2021, Valuation of intellectual property rights for an IT company, for the sale of these IP rights to (former) employees.
2020, Valuation of a company engaged in production for the construction sector, for the transfer of shares within the family.
2020, Valuation of a company in the leisure sector, for the transfer of shares within the family.
2020, Valuation of a company in business services for employee participation.
2019, Valuation of shares in a private limited company in the leisure sector, for estate tax declaration and BOR application.
2019, Valuation of a private limited company engaged in various real estate properties, for estate tax declaration.
2019, Valuation of customer base for a production company.
2018, Valuation of a luxury consumer goods retail chain for step-up in repatriation.
2017, Valuation of shares in a construction company for BOR application.
2017, Valuation of shares in a tire company for BOR application.
2017, Valuation of shares in a leisure industry company for BOR application.
Other Assignments
2022, Valuation of various interests of a publicly listed company for annual financial statement audit.
2021-present, Guidance for a family business in the installation technology sector, preparing for transfer to the next generation or a third party.
2019, Value-based management for a private label FMCG manufacturer in the food sector.
2019, Various impairment and fair value calculations to support the statutory auditor in the audit of various listed and non-listed companies.
2018, Various impairment and fair value calculations to support the statutory auditor in the audit of various listed and non-listed companies.
2017, Occasional appointment as a member of the Appeals Board for the review of a disciplinary complaint in appeal against a Registered Valuator.
Prices/Nominations
November 2015, nominated as Business Valuator of the Year. Brookz, Merger & Acquisition Congress.
December 2016, elected as Business Valuator of the Year. Brookz, Merger & Acquisition Congress.
November 2017, nominated as Business Valuator of the Year. Brookz, Merger & Acquisition Congress.
December 2018, elected as Business Valuator of the Year. Brookz, Merger & Acquisition Congress.
December 2020, nominated as Business Valuator of the Year. Brookz, Merger & Acquisition Congress.
Publications
Well-founded valuation is lucrative; Family Business Magazine, April 2022
The impact of debt on normal valuation; Family Business Magazine, January 2021
Corona, business valuation with the new normal; Family Business Magazine, October 2020
Leaving a tidy legacy is appreciated; PE Magazine for Business Succession, October 2018
Risks in family transfers from different perspectives; PE Magazine for Business Succession, April 2017
How to deal with real estate in a business valuation; PE Magazine for Business Succession, November 2016
Tax latencies in case of death; PE Magazine for Business Succession, July 2015 (with Dr. Y.M. Tigelaar-Klootwijk)
Valuation of a company in divorce cases; PE Magazine for Business Succession, January 2015
Valuation of companies in asset transactions; PE Magazine for Business Succession, October 2014
The required return for preferred shares in business succession; PE Magazine for Business Succession, July 2014 (with Mr. H.J. Meijer)
Goodwill, what do you mean?; PE Magazine for Business Succession, April 2014
Value and Price; PE Magazine for Business Succession, January 2014
Last chance for BOR (Business Ownership Relief)?; Van Waarde, November 2012
Has the value of businesses evaporated due to the crisis?; Tax Magazine, July 2009
Discounted Cash Flow is more than crystal ball gazing; Tax Magazine, September 2008
Financing not without challenges; Tax Magazine, March 2008
Value of business is subjective; Tax Magazine, September 2007
What is the bank babbling about?; Kennemer Business, February 2007
