Great American Group Advisory and Valuation Services has named David Seiden its managing director responsible for overseeing the firm’s appraisal, valuation and lending client relationships across the Southeast and Southwest regions of the U.S.
“Throughout his tenure with Great American, David has demonstrated deep commitment and dedication to delivering exceptional service to his clients across the asset-based lending community. We are pleased to announce his expanded role for Great American as we continue to grow our national appraisal services practice as part of the B. Riley Financial platform,” said Mike Marchlik, CEO, Great American Group Advisory and Valuation Services.
Seiden has more than 25 years of experience in asset-based lending and works closely with commercial banks, direct lending firms and private equity sponsors to advise on appropriate credit structures for lending and transactional purposes. He specializes in asset valuation, liquidation strategies and restructuring solutions for lenders and borrowers and brings deep expertise to intellectual property, inventory, machinery and equipment, and real estate valuation. His experience spans financial reporting, including purchase price allocation, goodwill impairment, stock-based compensation, and fresh start accounting, in addition to fairness opinions, solvency opinions, and pre-transaction valuation analyses.
Prior to joining Great American in 2003, Seiden spent much of his career working for major corporations and lenders including Foothill Capital, Wells Fargo Business Credit, Bank of America and Fremont Financial Corporation. He started his professional career as an accountant at Goldstein, Golub, Kessler in New York. He is based in Atlanta.