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Greetings from Boyce & Associates!

Dear Clients and Friends of Boyce & Associates,

We are pleased to present our inaugural newsletter highlighting Boyce & Associates

Business Valuation & Appraisal, LLC is our business valuation practice. Boyce & Associates

performs certified business appraisals for a broad array of businesses and industries located in

Texas and beyond. We have been in business seven years, and our appraisers each have

more than 25 years of experience valuing public and private companies.

We hope to use this new medium to provide timely, insightful, and informational updates on the

business appraisal profession, with original content, interesting and unique valuation case

studies, as well as timely perspectives on valuation topics, such as how appraisers adjusted for

pandemic-era shutdowns. We hope to demystify complex valuation concepts and offer helpful

educational feedback you can use with your clients in the business community.

The demand for information about business valuations is growing, driven by increased M&A;

activity, private equity investment, and general awareness of business value. We expect trillions

of dollars of business transition during the coming decade, resulting in the need for business

appraisals for a variety of reasons.  

For business owners, using a valuation can help them not only to understand their business's

value, but also provide meaningful guidance on anchors and contributors to growth and allow

them to benchmark progress and plan for the future while navigating critical financial decisions

more effectively. For investors and professionals, a business valuation can offer deeper insights

into valuation methodologies, market trends, and specific industry analyses.

Some of the most common reasons for performing business appraisals include selling a

business, securing funding, exit and estate planning, mergers & acquisitions, in addition to tax

and legal considerations. We believe, however, that there are many other very important

reasons why business owners should use business appraisals, and we hope to provide some

perspective on that in this newsletter.

We hope you enjoy this first installment of our newsletter, and wish you a prosperous start to


Our best,

Eric C. Boyce, CFA

President & CEO

Thomas E. Kemler, CFA, CVA

Chief Business Appraiser

Boyce & Associates Business Valuation &, Appraisal, LLC utilizes the uniform standards of professional appraisal practice (USPAP). We hold the Certified Valuation Analyst (CVA) and Chartered Financial Analyst (CFA) designations, and we are members of the National Association of Certified Valuators and Analysts (NACVA). Please visit us at

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