William Epstein has more than 20 years of experience and specializes in transaction-related opinions and other valuation services.

He has provided financial advice and independent opinions to Fortune 500 and middle-market clients.

Mr. Epstein has provided fairness and solvency opinions in connection with many types of transactions, including mergers, acquisitions, recapitalizations, exchange offers, spinoffs, distressed financings, leveraged buy-outs and a variety of related party transactions. He has testified several different venues as a designated expert regarding and in support of transaction opinions.

Before joining BRG, Mr. Epstein was an executive director at Capstone Valuation Services, LLC, and previously was a national director at American Appraisal Associates, responsible for the firm’s global Opinion Services Practice; and a managing director with Navigant Capital Advisors, in charge of Navigant’s fairness opinion services. Prior to joining Navigant, Mr. Epstein spent more than 16 years with Houlihan Lokey Howard & Zukin as Southwest director for fairness and solvency opinions and was a member of Houlihan’s National Transactions Review Committee.

Employment History

American Appraisal Associates
National Director
2007 – 2010

Navigant Capital Advisors
Managing Director
2005 – 2007

Houlihan Lokey Howard & Zukin
Southwest Director
1989 – 2005

Professional Affiliations

American Bar Association
Member, Committee on Mergers and Acquisitions
Member, Committee on Private Equity and Venture Capital


Association of Insolvency & Restructuring Advisors
Certification in Distressed Business Valuation

Areas of Expertise


University of Virginia, Darden School of Business

University of Southern California