Portage Point Partners added Lance Carr as Managing Director and Head of Valuations. Carr brings nearly two decades of experience in valuations, mergers and acquisitions (M&A) advisory, financial reporting and tax compliance across diverse industries including business services, healthcare services, healthcare information technology (HCIT), pharmaceuticals and consumer. He advises corporations, private equity (PE) firms and other financial sponsors throughout the deal lifecycle, from transaction-related valuations such as purchase price allocations and fairness opinions to hold-period support including 409A valuations, goodwill impairment analyses and portfolio valuations.

"Persistent market volatility and increasing regulatory complexity continue to drive demand for valuation expertise that extends beyond compliance to inform strategic decision-making and support meaningful value creation," said Matthew Ray, Founder and CEO of Portage Point. "Lance's depth of experience advising financial sponsors and track record of building best-in-class practices directly enhances our capacity to deliver fully integrated solutions that meet the sophisticated needs of clients across the entire investment lifecycle."

"Portage Point has created a tremendous platform that now integrates deep valuation expertise with best-in-class financial and operational advisory capabilities," said Carr. "I am excited to continue that momentum and contribute to its growth by delivering exceptional service to the financial sponsor community."

Prior to joining Portage Point, Carr was a Managing Director at Houlihan Lokey where he was instrumental in shaping the Financial and Valuation Advisory Practice and helped launch the financial modeling business. He began his career at Deloitte Financial Advisory Services.