Who We Are
Crandall & Brackett, Ltd. was formed in 1991 when Robert C. Brackett joined Arthur L. Crandall (formerly of Arthur L. Crandall, Ltd.) to serve as President. This union created a full-service valuation practice that continues today, a full-service valuation practice. At the time of his death in 1994, Arthur Crandall was a nationally recognized Valuations authority and Alternative Dispute Resolution expert. Robert Brackett is also an internationally recognized Business Valuation authority, focusing on small closely held business equity issues.
Crandall & Brackett, Ltd. and its predecessors have been performing business valuations since 1965. The firm renders business valuation and related litigation support in conjunction with a business entity’s attorney or accountant. The firm specializes in closely held company business valuation needs in estate tax, gift tax, financial reporting, and family matters.
We provide small business acquisition consulting and support for individuals or corporate entities considering the purchase of a small business. We work closely with Brokers and Middle Market Merger's Acquisition Specialists when required.
Valuations completed by Crandall & Brackett, Ltd. have been used in the following circumstances:
- Charitable Contribution Filings
- Estate and Gift Taxation
- Income Tax Allocation
- Stock Options
- Family Limited Partnership
- Litigation Support
- Estate and Gift Tax Planning
- Equity Restructuring
- Establishing Buy-Sell Formulae
- Financial Reporting
In addition to providing valuation reports, valuation consulting, and serving as an expert witness, Crandall & Brackett, Ltd. provides support services such as reference research for complex or challenging situations. The firm’s 24-hour availability and extensive library have proven invaluable to many professionals.
Crandall & Brackett, Ltd., through its president (Robert Brackett), is a member of the Illinois CPA Society, the Massachusetts Society of CPAs, the Florida Institute of Certified Public Accountants (FICPA), the International Association of Certified Valuation Specialists (IACVS), the National Association of Certified Valuators and Analysts (NACVA), and the American Institute of Certified Public Accountants (AICPA).