Scott Sievers, CPA/ABV

Mr. Sievers is a Managing Director with Applied Economics LLC and leads the firm’s Washington, DC practice. He provides business valuation, ESOP advisory, and transaction advisory services to clients throughout the Mid-Atlantic region. Mr. Sievers has performed valuation services for a variety of purposes, including transactions, fairness and solvency opinions, purchase price allocations, goodwill impairment and long-lived intangible asset tests, portfolio valuations, equity incentive plan analyses, tax reporting, and litigation support.

Mr. Sievers has extensive experience with ESOP engagements, including transaction advisory, feasibility analyses, fairness opinions, solvency opinions, and annual update valuations. His ESOP work has addressed complex technical matters such as transaction structuring, the fair market value of debt, repurchase obligations, follow-on transactions, and minority interest discounts.

Mr. Sievers also has significant experience valuing complex securities and derivative instruments using option-pricing models, binomial lattice models, and Monte Carlo simulations for IRC 409A, ASC 718, ASC 805, and ASC 815 purposes.

Mr. Sievers’ litigation support experience includes analyses of lost profits, lost asset value, damages, and the value of owners’ interests in closely held businesses in connection with commercial disputes, shareholder disputes, and marital dissolution matters. He has served as an expert in the Superior Court of the District of Columbia, multiple Virginia circuit courts, Louisiana state court, and American Arbitration Association proceedings. He has also supported engagements before the U.S. Department of Labor’s Employee Benefits Security Administration involving the valuation of ESOP shares.

Before joining Applied Economics, Mr. Sievers spent nearly 15 years with The McLean Group’s Valuation Services Group, where he advanced from Analyst to Managing Director. While there, he was one of the leaders of the firm’s ESOP practice and led its valuation analytics team.

Education & Professional Designations

Mr. Sievers holds a Master of Accounting and a Bachelor of Business Administration in Accounting from The College of William & Mary. He is a Certified Public Accountant (CPA), is Accredited in Business Valuation (ABV), and holds the Certified in Entity and Intangible Valuations (CEIV) credential. He is a member of the American Institute of Certified Public Accountants (AICPA).