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Dr. Kipp Krukowski, ASA, CVA

I'm Dr. Kipp Krukowski and I am a Clinical Professor of Entrepreneurship at Colorado State University. My practical industry experience helps students gain insight on how to acquire or create successful companies while my research helps business owners and companies better understand and prepare for their entrepreneurial exits.

I have founded several businesses in the area of small business M&A, business valuations, and equipment appraisals, and I continue to be a trusted advisor consulting with business owners and companies in appraisal, valuation, and value creation.

My research focuses on entrepreneurial exits, small business valuation, and entrepreneurship through acquisition (ETA) and has been published in journals such as Business Horizons, Journal of Business Venturing Insights, Journal of Small Business Management, and The Value Examiner, among others.

One practical research article that I believe small business owners and Entrepreneurship Through Acquisition (ETA) searchers can use today to help improve the odds of getting to the closing table is my research publication titled: Business Advisor and Dealmaker Testimonies - Deficiencies in Privately Held Small Businesses Leading to Failed M&A Transactions. I hope you find this to be useful as I saw many of these issues firsthand!

Kipp Krukowski Photograph

Valuation and Value Creation Experience

I founded a business brokerage firm that had multiple locations in the Midwest and successfully completed over 100 small business transactions, and my valuation firm that I founded, Equipment Appraisal Services (EquipmentAppraisal.com), completed over 1000 nationwide valuation assignments prior to being acquired in 2018.

I've had the pleasure to have worked with numerous business acquirers, accountants, attorneys, lenders, government agencies, insurance companies, and businesses to help them or their clients make more informed decisions related to valuation and Entrepreneurship Through Acquisition (ETA). I received the Accredited Senior Appraiser (ASA) in Machinery and Technical Specialties (MTS), Certified Valuation Analyst (CVA), Certified Business Intermediary (CBI), and Certified Exit Planning Advisor (CEPA) designations and was recognized by Business Brokerage Press as an industry expert for selling manufacturing companies. I've also provided expert witness testimony in multi-million dollar litigation cases related to valuation.

Engagement contexts for business valuations and equipment appraisals have included: Mergers and Acquisitions, Purchase or Sale of Ownership Interest, Growth Planning and Value Creation, Business Succession and Exit Planning.

I completed my doctoral studies at Oklahoma State University, received my bachelors in Mechanical Engineering from Youngstown State University, and MBA from Carnegie Mellon University. For the past 15+ years, I have served as a mentor for Carnegie Mellon entrepreneurs and judge for the McGinnis Venture Competition.

Additional Background Information

Education
  • PhD from Oklahoma State University
  • MBA from Carnegie Mellon University
  • Mechanical Engineering degree from Youngstown State University
Professional Accreditations Received
  • ASA (Accredited Senior Appraiser) in Machinery & Technical Specialties (MTS) - American Society of Appraisers
  • CVA (Certified Valuation Analyst) - National Association of Certified Valuators and Analysts
  • CBI (Certified Business Intermediary) - International Business Brokers Association
  • CEPA (Certified Exit Planning Advisor) - Exit Planning Institute