David P. Adams III
Adams Capital Inc. - Business Valuation Services
David P. Adams III, CPA, ABV, ASA
Mr. Adams is president of Adams Capital, Inc.
He is an expert in the valuation of businesses, business interests, and tangible and intangible property for mergers and acquisitions, corporate recapitalization, privatization, gift and estate tax planning, bankruptcy proceedings, dissenting shareholders, Employee Stock Ownership Plans, and financial and tax reporting.
Prior to forming Adams Capital, Inc., Mr. Adams practiced business valuation services with Coopers & Lybrand LLP and KPMG Peat Marwick LLP, two of the international "Big Four" accounting and consulting firms.
extensive corporate finance background includes: sellside and buyside advisory, divestitures, private placements, transaction negotiation, structure, and strategy.
has experience with over 2,000 transactions ranging from multi billion dollar international conglomerates to smaller family owned and start up businesses.
Transaction advisory experience includes: fairness opinions, due diligence, equity structuring, debt structuring, recapitalizations, solvency opinions, acquisition consulting, board presentations, going public, going private, shareholder stock repurchases, and business planning in support of financing.
assists firms in need of financing by locating both debt and equity capital, helping clients to prepare business plans and presentation materials, and guiding clients through the funding process.
Mr. Adams has managed major international acquisition engagements in Australia, Belgium, Canada, France, Germany, Italy, Japan, Mexico, Norway, Spain, Sweden, the United Kingdom, the United States, and Uruguay.
industry experience includes agribusiness, automotive, banking, distribution, entertainment, foods, healthcare, high technology, insurance, manufacturing, mining, petrochemicals, plastics, real estate, retail, telecommunications, textiles, and utilities.
Education and Professional Affiliations
Mr. Adams received a BS degree in Mechanical Engineering from the Georgia Institute of Technology and an MBA with concentration in finance from Georgia State University.
He is an Accredited Senior Appraiser with the American Society of Appraisers (ASA), and past president of the Atlanta ASA Chapter.
Mr. Adams is a Certified Public Accountant, Accredited in Business Valuation (ABV), and a member of the American Institute of Certified Public Accountants, Georgia Society of Certified Public Accountants (GSCPA), the American Society of Mechanical Engineers, and the American Society of Cost Engineers.
Mr. Adams is also a member of the Estate, Gift, & Trust and Personal Finance Committees of the GSCPA.
He is past President of the GSCPA Buckhead Chapter and past Board and Management Committee member of the GSCPA.
He is a member of the GSCPA 2003 leadership class.
Mr. Adams currently serves on the GSCPA Council and chairs the GSCPA Business Valuation and Litigation Services section.
is recognized as a qualified expert witness and has provided expert testimony in Alabama, California, Florida, Georgia, Pennsylvania, and Tennessee.
Writings, Presentations and Articles
speaks frequently and has made presentations to the State Bar of Georgia
, Georgia Society of Certified Public Accountants
, Georgia State Association of Life Underwriters
, the Georgia Bankers Association
, New York University's 54th Institute
on Federal Taxation, Valuation Network Limited/Valuation International Limited
chairs an annual conference on business valuation and transactions for the Institute of Continuing Legal Education
Mr. Adams is a co-author and instructor of the national American Institute of Certified Public Accountants, Business Valuation (NBV6) and (NBV5) courses.
instructs other courses for the American Institute of Certified Public Accountants
and the Georgia Society of Certified Public Accountants
and is a frequent speaker on business valuation issues for CPE and CLE seminars.