1st Star Alacer LLC, an advisory, auction and debt placement firm, announced its new employee, John Matthies, has been named Managing Director of the North American Valuation team. This new employee appointment will facilitate targeted, high-touch service to North American clients of the company’s growing Valuations business.
In his new role, Matthies shall provide comprehensive asset valuations and appraisal reviews to the restructuring/insolvency sector and lending community, including asset-based lenders, private equity firms, corporate management teams, investment funds and professional advisors. Matthies becomes a key member of the Valuations Management team. As an employee and Leader of the Valuations practice, he will review and sign off on all appraisal reports in addition to the attest Appraiser(s) of the report.
“As an Industry Veteran spanning his entire career, Matthies, is well-suited to steer our North American Valuations business to its next phase of growth,” said Jay Henry, CEO 1st Star Alacer LLC. “His experience is industry agnostic with a wide range of expertise in the following areas - metalworking, metal fabrication, computer numerically controlled machine tools, conventional machine tools, tool & die shops, automatic screw machines, pipe and tube mills & end forming, fastener, slitting and cut-to-length coil processing, wire forming, welding, robotics, metal stamping & press room equipment, forging, heat treating, painting, plating, plastic injection molding, plastic extrusion, blown film, sheet-fed & web printing, digital printing, paper converting, bindery, woodworking, food processing, packaging, pharmaceutical, chemical processing, glass & stone products, textile & garment, electronic test & measurement, laboratory, construction equipment, trucks and trailers, material handling, warehouse storage and distribution, custom designed machinery, institutional equipment, and many others. From a technical perspective John has experience providing allocation of purchase price, cost segregation studies, insurance appraisals, Ad Valorem valuations, residual forecast analysis & value studies and end of lease negotiations & liquidations.”
Prior to 1st Star Alacer LLC, Matthies worked at a global valuations firm that has headquarters in London, UK.
Marsha Henry, COO of 1st Star Alacer LLC, said, "We are very excited that Mr. Matthies has joined 1st Star Alacer LLC as he brings excellent experience and skills to grow the valuations practice. This deepens our capabilities and quality to provide our product offering to the North American market and deliver appraisals for plant and equipment, commercial inventory, real estate and intellectual property assets."
1st Star Alacer LLC is one of the fastest growing appraisal, bridge finance and debt placement firm in North America serving the commercial finance industry and maintains valuation practice services across North America.