Mark Sarchet

Mark Sarchet provides valuation services for financial and tax reporting, and internal planning purposes, focusing primarily on high technology industries.  He has performed over seventy valuations of intangible assets totaling over $15 billion, including developed and in-process technologies, customer relationships, patents, trademarks and trade names, and other intellectual property for technology-driven companies.  He focuses primarily in the semiconductor, semiconductor manufacturing equipment, networking, optical networking, and software industries.  Mr. Sarchet spent three years at Trenwith Group (a subsidiary of BDO Seidman LLP) and six years at KPMG LLP performing valuations.  Mr. Sarchet has performed valuations for Korean and Japanese companies, as well as for major multinational corporations headquartered in Silicon Valley area of Northern California.

Mr. Sarchet’s entry into finance and valuation in 2000 represented a career change for him after spending seventeen years as a software engineer and engineering manager in the semiconductor equipment, software, and aerospace industries.
 
Education
Mr. Sarchet earned a Bachelor of Science in Mathematics and a Master of Science in Electrical Engineering at the University of Iowa.  He also earned a Master of Business Administration from the University of California at Berkeley.

PROFESSIONAL AFFILIATIONS
Mr. Sarchet is an Accredited Senior Appraiser in Business Valuation with the American Society of Appraisers.

PROFESSIONAL EXPERIENCE

• Performed SFAS 142 goodwill impairment analyses for two reporting units of a software-as-a-service provider to the health care insurance industry.
• Performed SFAS 141 purchase price allocations of the same two reporting units.
• Performed SFAS 142 goodwill impairment analyses for two reporting units of an optical networking components manufacturer.
• Performed an IRC 409A valuation of Common Stock for a biopharmaceutical company.
• Performed SFAS 141 purchase price allocation for nine acquisitions of an optical networking chip company.
• Performed an IRC 409A valuation of Common Stock for a network search engine analytics company.
• Performed SFAS 141 purchase price allocation for two acquisitions of a semiconductor equipment manufacturing company.
• Performed a business valuation study for a semiconductor company considering an offshore inversion.
• Valued two strategic technology exchange agreements between two networking companies.
• Performed the valuation of three venture funds of a leading venture capital firm, valuing their venture funds and the General Partner’s carried interest for tax purposes.
• Performed SAS 73 Reviews of hundreds of third party valuations for financial reporting and tax purposes performed for BDO and KPMG audit clients.

BIO

Mark Sarchet is the former Director of Berger/Lewis Accountancy Corporation’s Valuation and Litigation practice,  where he provided valuation services for financial, tax reporting, internal planning, and litigation purposes, primarily for high technology companies in Silicon Valley.  He has performed over seventy valuations of companies and intangible assets totaling over $15 billion. 

He has valued such assets as developed and in-process technologies, cross-licensing agreements, distribution agreements, customer relationships, patents, trademarks and trade names, and other intellectual property.  He focuses particularly in the semiconductor, semiconductor manufacturing equipment, networking, optical networking, software, and biotechnology industries.
Previous Experience
 
Prior to joining Berger/Lewis, Mr. Sarchet spent three years at Trenwith Group, LLC, a subsidiary of BDO Seidman, LLP, and six years at KPMG LLP / BearingPoint in Silicon Valley where he had primary responsibility for valuing the intangible assets of high technology companies.  Prior to joining KPMG in 2000, Mr. Sarchet, spent seventeen years in engineering and engineering management in the aerospace, signal and communications intelligence, semiconductor manufacturing equipment, and embedded real-time software industries. 

Mr. Sarchet’s previous employers include Radix Technologies, Novellus Systems, Lam Research, Wind River Systems (formerly Integrated Systems, Inc.), Boeing Military Airplane Company, Ford Aerospace, and the NASA Ames research facility in Mountain View, California.  Mr. Sarchet’s role at these companies was a combination of managing technology development, customer support, marketing, and software development.
Education
 
Mr. Sarchet holds a Master of Business Administration from the University of California at Berkeley, a Master of Science in Electrical Engineering from the University of Iowa, and a Bachelor of Science from the University of Iowa, majoring in mathematics and general science.
Professional Affiliations
 
Mr. Sarchet is an Accredited Senior Appraiser of the American Society of Appraisers in the discipline of business valuation, and a former member of the Institute of Electrical and Electronics Engineers.