“Treat clients well, do all work like it’s going to court, and be prepared to defend your analysis”
James R. Park
James R. Park, ASA is a partner in the business valuation firm of Munroe, Park & Johnson, Inc. located in San Antonio, Texas. Mr. Park holds a degree in Finance from Texas A&M University and has been engaged in the valuation of privately held businesses for the past 24 years. Prior to joining Munroe, Park & Johnson, Inc., Mr. Park was engaged for 11 years in the commercial banking industry. As a valuation consultant, Mr. Park has extensive experience in the valuation of companies and partnerships for gift and estate tax purposes, mergers and acquisitions, buy/sell agreements, employee stock option plans, S Corporation conversions, shareholder disputes and other situations where an independent valuation is needed. Entities valued include, but are not limited to, manufacturing operations, retail entities, commercial construction and road paving companies, automotive dealerships, banks, real estate development companies, restaurant companies and service related business such as architectural and engineering firms. Mr. Park is an Accredited Senior Appraiser in the American Society of Appraisers and a co-author of the Comprehensive Guide for the Valuation of Family Limited Partnerships. He is a frequent speaker on valuation topics and served as a course developer for the Center for Advanced Valuation Studies and Partnership Profiles. Mr. Park has testified as an expert witness in various courts including federal tax court.
Bruce A. Johnson
Bruce A. Johnson, ASA is a partner in the business valuation firm of Munroe, Park & Johnson, Inc. located in San Antonio, Texas. Mr. Johnson provides valuation services for gift and estate tax planning, sale transactions, profit sharing plans, S Corporation conversions and shareholder disputes. He also has widespread experience providing consulting services to buyers and sellers involved in mergers and acquisitions including assisting clients throughout the sale process. Mr. Johnson has 20+ years of experience in the valuation of businesses in industries such as manufacturing, auto dealerships, food services, distribution, retail and construction. In addition to earning a degree in Engineering and MBA from Texas A&M University, Mr. Johnson is an Accredited Senior Appraiser of the American Society of Appraisers. He is an instructor and course developer for Partnership Profiles “Valuing Family Limited Partnerships” seminars and was the expert witness for the taxpayer in the Estate of Elsie J. Church and Estate of Emily Klauss. He is a member of the Business Valuation Committee for the American Society of Appraisers and a co-author of the Comprehensive Guide for the Valuation of Family Limited Partnerships. Mr. Johnson is a frequent speaker on valuation issues and has been published on a wide range of valuation topics including the Valuation of Family Limited Partnerships, S Corp Tax Treatment and Discounts for Lack of Marketability.