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Industry vet creates business-valuation practice

December 05, 2008

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Richmond, Va.--Industry veteran Daniel Pharr has announced the establishment of a new business-valuation practice aimed at family-owned and closely held businesses operating in the jewelry industry.

Valuations through the company, Pharr Valuation and Business Services LLC, can be used for structuring succession planning, estate and gift tax strategies, the purchase or sale of a business, buy/sell agreements and initial public offerings.

In addition to valuation services, the company will also offer related business and financial consulting.

Pharr is a Certified Valuation Analyst and a Certified Public Accountant with a 30-year history in the jewelry business. Most recently, he served as executive vice president and chief financial officer of industry supplier Hoover and Strong.

Pharr has also been active in leadership of the industry, and is a member and past chairman of the Jewelers Board of Trade and a member of the Jewelers Vigilance Committee.
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