We live in a world of supply and demand, where to estimate value we analyze risks and associated benefits. Valuation is simply a measure of risk within specific market criteria. It is the understanding of these market conditions and the correct employment of appropriate valuation methodologies that separate one appraiser from another.
KATS M & E’s Competitive Advantages include:
According to the agreed Scope of Work, we will perform valuation services to render a professional opinion of value for Subject assets. Procedures employed during this process include:
Communication and coordination are critical – If necessary, we will visit multiple locations simultaneously by use of several teams, each lead by one of our principal appraisers. Timing will dictate our approach / strategy to complete the necessary tasks – We will dedicate the appropriate manpower at each stage to accomplish all tasks on time in a professional manner.
Upon further disclosure and understanding of the Scope of Work, we will submit a detailed itinerary to identify who – where – when - how to accomplish the tasks.
All appraisals completed by KATS M& E, LLC comply with the Uniform Standards of Professional Appraisal Practice – Most recent edition effective January 1, 2018. Authorized by the US Congress, USPAP is issued by the Appraisal Foundation to provide standards for developing and communicating appraisals within the United States.
Appraisal review services allow the client to better understand the original appraiser’s perspective, analyses and conclusions of value. The review appraiser may, upon request, provide his own independent opinion of value.
Typical applications include:
A combination of accounting, physical audit, and conventional valuation methodologies, inventory appraisals provide a current value estimate for raw materials, WIP, and finished goods. Procedures utilized include:
Accredited Senior Appraiser ( ASA ) by the American Society of Appraisers
since 1989, within the valuation discipline of Machinery / Technical Specialties – Industrial Machinery & Equipment and Appraisal Review & Management.
Joel is one of the few professional appraisers to spend his entire career within the valuation industry, 30 + years and counting. His expertise as a “generalist” appraiser within the Machinery & Equipment field began with a contract with the US Small Business Administration providing equipment appraisals to update their portfolio – Over 600 loans on all types of assets. Over the years he has gained considerable knowledge regarding numerous types of equipment and established a solid reputation for providing straight-forward “real world” values.
Jeff is primarily involved with the overall management of the
company, including oversight of multiple divisions.
Providing appraisal services full time since 1991, Jeff is active with Real Estate, Machinery & Equipment and Business Valuation
Michael spent over 25 years as a licensed representative in Financial Services, working for International brokerages and banks as well as smaller, regional firms. His experience in financial and investment analysis and his extensive contacts throughout the business sector make him ideally qualified to serve as principal researcher for the firm over the last ten years. Michael’s ability to not just look at the equipment, but to engage people in conversations about their business, leads to gaining a much more accurate picture of the assets and markets being inspected.
Michael has become a specialist in research and market analysis within the Machinery & Equipment industry with exposure to a variety of asset types and uses.
Accredited Senior Appraiser ( ASA ) by the American Society of Appraisers
within the valuation discipline of Machinery / Technical Specialties – Industrial Machinery & Equipment and Inventory.
After serving as chief appraiser at two large banks, Brian brings more than thirty years of appraisal and banking experience to clients. Brian was the first of only two in the U.S. to attain the designation of senior appraiser in inventory from the American Society of Appraisers (ASA). He was presented with the Harry H. Chen Memorial Instructor Awards of Excellence from the Commercial Finance Association. Brian developed the original National Inventory Certification exam for the ASA.
Brandon brings over 20 years of manufacturing experience to our team, including hands-on process engineering, product development and equipment purchasing.
Brandon assist with the appraisal of various types of industrial and commercial equipment and is actively seeking his Accreditation with the ASA.
Jim is nationally recognized as an expert in the valuation of railroad locomotives and rolling stock for both passenger and freight.
He has owned the marketing company, Coastline Rail Service, and the leasing company, JNS Marketing Group, LLC, since 1988 dedicated to the sale and leasing of railroad assets.
In addition to RR assets, Jim assist with the appraisal of various types of industrial and commercial equipment and is actively seeking his Accreditation with the ASA.
Bill is a Certified General Real Estate Appraiser with his primary appraisal focus on income producing and special purpose properties, including campgrounds, marinas, golf courses (public & private), a minor league baseball stadium, assisted living facilities, lodging properties, hospitals, convenience stores, stockyards, specialized industrial properties and “trophy” residential properties.
Thirty five (35) plus years experience in commercial nuclear power and Department of Energy with emphasis in Chemistry and Power Generation and is a Senior Nuclear Safety Engineer. He has specific experience with power generation and laboratory assets.
Jim serves as our project coordinator and also assist with on-site field work. As project coordinator, he not only schedules necessary site visits, but tracks all aspects of a project from start to finish. This becomes particularly critical for projects with multiple locations.
John Miller, President
SUPERB Industries, Inc.
An INC5000 Company
"Joel Gonia has provided us with appraisal services over the past 10 years. He has always done a thorough job of establishing value based on the current market conditions. He is competent, professional, and reliable."
Darrin J. McCauley
Senior Vice President
Old National Bank
We rely on Joel to provide accurate appraisals, charge competitive fees, and complete our projects quickly. In the fourth quarter of 2013, Joel and KATS provided guidance leading to an innovative approach to help our bank close on an important new client financing.
Chief Financial Officer
Scotty’s Contracting & Stone, LLC
“We have worked with Joel for our appraisal needs on numerous occasions and have always found his services to be accurate, timely and fair. Joel is very responsive and reacts quickly when there is a tight timeline. Also his knowledge of our industry makes my job easier. He already understands the terminology and cost drivers in our industry. “
Eric A. Walker, CPA, MBA
I have worked with Joel for more than 12 years. He has always provided services in a timely fashion. I appreciate his ability to provide credible appraisals across a broad spectrum of industries.
Harding, Shymanski & Company, P.S.C
Joel Gonia is a critical part of my valuation projects. He is experienced, responsive, and professional. He is dedicated to maintaining the highest professional appraisal standards.
Randall Anderson, CPA
I have worked with Joel for many years on multiple projects – He has always performed beyond expectations.
Banc of America Leasing – Paul Cogley ( 401 ) 278-8036
BKD CPA – Jerry Henderson ( 502 ) 581-0435
Chase Bank -- Commercial Finance, Steve Cooper ( 502 ) 566-2793
Chase Bank Equipment Finance – Tom Sexton ( 614 ) 213-4883
Crowe Horwath – Valuation, Bill Probus ( 502 ) 420-4440
G E Capital – Equipment Finance, Bryan Nusky ( 502 ) 456-4311
Hilliard Lyons – Jim Gravitt ( 502) 588-8482
Huntington Bank – Equipment Finance, Brad Smith ( 513 ) 762-1886
Huntington Bank – Middle Market, Tom Tulloss ( 513 ) 762-1885
Key Equipment Finance – Scott Daugherty ( 317 ) 464-8062
Old National Bank – SVP, Darrin McCauley ( 502 ) 540-7315
Stock Yards Bank – Commercial SVP, Bill Otten ( 502 ) 625-3977
Superb Industries – John Miller, President ( 303 ) 852-0500
US Bank – Market President, David Wombwell ( 502 ) 562-6685
Thank you for your interest in KATS M & E and allowing us the opportunity to provide services -- Our multi-disciplinary valuation and consulting services may be provided on a separate basis, or coordinated together depending on your specific requirements. Data requested herein is necessary to identify an appropriate Scope of Work. Upon receipt of sufficient data, we will provide a Quote identifying our estimated range of fees and our anticipated timing to complete the project.
At a minimum, we need to know the following:
For Each Project
Machinery & Equipment Appraisal
The following are examples of our work product and additional information regarding our firm, team members, qualifications, references, and data pertinent to the appraisal process.
Sample Reports demonstrate typical techniques and methodologies employed by the appraiser and how those results are communicated. Our approach to each appraisal is two-fold:
Each report has been sanitized and / or modified according to non-disclosure agreements and overall confidentiality. Details including attachments, original data, and specific analyses are not included.
Although you are welcome to download and review all information contained herein, ALL data is Copyright protected by KATS M & E, LLC, and no use is allowed unless authorized in writing by KATS M & E, LLC.
To discuss your potential project or to schedule an appointment:
Joel D. Gonia, ASA
Cell: 502 235-0727
Louisville, KY Office
2810 Rosewood Road
Louisville, KY 40031
212 North Main Street
Nicholasville, KY 40356