BUSINESS VALUATION / FINANCIAL MODELING / FINANCIAL ADVISORY

Cheryl Bostater brings an expert’s view to the business valuation market with her rare blend of an engineering degree, financial certifications, and practical business experience. For 15 years,

Cheryl has helped private early-stage and closely-held companies in many industries determine the value of their equity. Her experience includes: CFO of a solar energy company, financial modeling and analysis, mergers and acquisitions, due diligence, IPOs, private placements, and demand/supply forecasting.
Cheryl has valued businesses and partnerships for: estate and gift tax purposes, marital dissolutions, corporate and partnership buy-outs, financial reporting, mergers & acquisitions, and private placements. While her valuation work has been across many industries, she has particular industry expertise with CleanTech and Hi-Tech companies.

Cheryl has conducted seminars on various valuation topics, and has served as an expert witness.

Cheryl was the co-founder and CFO of Open Energy Corporation, a pioneer in building -integrated (BIPV) solar roofing products, which were deployed on homes and businesses nationwide.

Prior to Open Energy, Cheryl specialized in valuing businesses and partnerships for a variety of purposes with Brodshatzer, Wallace, Spoon & Yip, and she has also worked with Clifton Gunderson, CPAs as well as Houlihan Valuation Advisors. In addition, she spent three years as an investment banker with broker/dealers, specializing in micro-capitalization public offerings. She later headed up the equity research department for one of the broker/dealers, specializing in: ERP software companies, telecom devices, ISPs, and specialized hi-tech companies.
Cheryl began her career as a digital circuit designer for Xerox.

Cheryl earned a Bachelor of Science degree in Electrical Engineering from Cornell University and an MBA in Finance (ranking in the top 10 percent of her class,) from Loyola Marymount University. Through her continuing education efforts, she was awarded an Accredited Senior Appraiser (ASA) designation in Business Valuation by the American Society of Appraisers, and a Chartered Financial Analyst (CFA) designation by the CFA Institute.