Zach Liermann

Zac Liermann, CPA/ABV

Manager, Wipfli Advisory LLC

Zac Liermann is a manager in the valuation and transaction support services group, with over five years of valuation experience. He specializes in business valuations, valuation analysis, and sale and purchase assistance for companies in a variety of industries. Zac’s areas of emphasis include the valuation of early-stage companies and complex financial instruments, such as convertible securities, earnouts, options, warrants and other hard-to-value assets.

Prior to pursuing a valuation career, Zac served for seven years as a U.S. Army Ranger with the 2nd BN 75th Ranger Regiment.

  • Complex financial instruments
  • Monte Carlo simulations and other custom financial modeling

  • Certified Public Accountant
  • Accredited in Business Valuation

  • American Institute of Certified Public Accountants (AICPA) - Member
  • Third Ranger Foundation - Mentor
  • Big Brothers Big Sisters - Volunteer

University of Wisconsin-Milwaukee
  • Bachelor of business administration degree in finance
  • Bachelor of business administration degree in accounting

  • 2011 U.S. Army Special Operations Command Soldier of the Year
Expertise and services

Latest case studies, resources, and insights

  • -Understanding your startup’s 409A valuation and the backsolve method

    ARTICLE | VALUATION SERVICES

    Understanding your startup’s 409A valuation and the backsolve method

    Confused with your 409A valuation? Get insight into the backsolve method and how it uses investor pricing and option based models to estimate true equity value.

  • What is a 409A valuation, and why do you need one?

    ARTICLE | VALUATION SERVICES

    What is a 409A valuation, and why do you need one?

    What is a 409A valuation? Our guide explores what these critical early-stage valuations are and how they can support your company’s equity-based compensation.