Mark Lingerfield

Mark E. Lingerfield is a Managing Director at MPI (Management Planning, Inc.), a national business valuation and advisory firm founded in 1939 and headquartered in Princeton, New Jersey. Based in MPI's New Jersey office, he is responsible for client service and business development strategy in the firm's Mid-Atlantic region and sits on MPI's Board of Directors.

Lingerfield is an Accredited Senior Appraiser (ASA) in Business Valuation through the American Society of Appraisers, having completed the ASA's Principles of Business Valuation Courses I–IV and USPAP training. He earned a B.S. from The College of New Jersey and an MBA from Rider University, and is a member of Estate Planning Councils in New Jersey, Pennsylvania, and Delaware.

Since joining MPI, he has valued closely held securities for a wide range of purposes, including estate and gift taxes, income taxes, fairness opinions, stock purchase plans, buy-sell agreements, ownership succession, Employee Stock Ownership Plans (ESOPs), corporate and shareholder planning, and S-corporation conversions. His industry experience spans professional sports franchises, beer and alcohol distributors, pharmaceutical manufacturers, and newspaper companies, among others. He has also served as an expert witness in business-valuation court proceedings.

MPI itself operates from multiple offices (including Boston, Chicago, Dallas, New Jersey, New York City, Philadelphia, San Francisco, Seattle, and Westport, CT) and provides business valuation, forensic accounting, litigation support, financial-reporting valuations, M&A advisory, fairness opinions, and succession-planning services to business owners, attorneys, CPAs, CFOs, and financial advisors.

Mr. Lingerfield is a valuation and advisory professional rather than a capital allocator, so a traditional "investment thesis" does not apply. His professional focus is:

• Valuation of closely held and family-owned operating businesses, particularly minority (non-controlling) blocks of stock.
• Estate, gift, and succession planning contexts — establishing defensible fair-market values for wealth-transfer and tax purposes.
• Transaction and litigation support — fairness opinions, ESOP valuations, buy-sell agreements, and expert testimony that can withstand IRS, audit, and court scrutiny.
• A stated area of specialty is valuing a minority block of stock of an operating business at various stages of a company sale process, including the implications of IRS Chief Counsel Advice memorandum CCA 202152018.

No startup or angel investments are attributable to Mr. Lingerfield in available public sources; this section is not applicable to his role. His public "deal" work is advisory rather than principal investing — for example, providing fairness opinions, ESOP valuations, and expert-witness valuation testimony for closely held companies across sports, alcohol distribution, pharmaceutical, and media industries. (Specific client names are generally confidential and were not disclosed in sources.)