Skip to Content
Session A

Enhancing Value in Family-Owned & Closely Held Businesses

Presented By: FORVIS / Murphy McCormack Capital Advisors

Family-owned and closely held businesses have unique dynamics from multiple shareholders to complicated succession plans, but one thing remains constant: Success means achieving the best possible valuation. Hear from a veteran investment banker, a CPA advisor, and two c-suite executives as they share ways to align vision and execution to enhance your most valuable asset—your business. 


Bob McCormack
Managing Partner
Murphy McCormack Capital Advisors

Bob is Managing Partner and Founding Partner of Murphy McCormack Capital Advisors, a boutique investment banking and corporate advisory firm in Lewisburg, Pennsylvania. Mr. McCormack has more than 32 years of financial services experience, and focuses on providing advisory services related to business sales, mergers, acquisitions, divestitures, business valuations, debt and equity financing, and select turnaround projects. He formed Murphy McCormack Capital Advisors in 2005. He previously served as President and Chief Executive Officer of Sun Bancorp, Inc., a $1 billion financial services holding company with bank branches and affiliates located throughout central Pennsylvania.


Scott Bormet
Partner - Transaction Advisory Services

Scott is the Chicago market leader for FORVIS’ Transaction Advisory team. His primary areas of expertise include analyzing the quality of earnings and working capital requirements, identifying and analyzing key performance indicators, accounting for mergers and acquisitions, and reviewing purchase agreements. Scott has more than 27 years of business experience focusing on mergers and acquisitions, recapitalizations, divestiture services, and other strategic financial analyses. He has extensive experience working with large- and mid-cap private equity firms, strategic acquirers, and financial institutions in connection with leveraged buyouts and recapitalizations. Scott was responsible for providing buy-side financial due diligence and divestiture services in connection with more than 200 domestic and international transactions in a wide variety of industries, including technology, business services, industrial and consumer products, logistics, healthcare, and vacation resorts.


Rick Graham
Brookville Equipment Corporation



Jim Tates
President & CEO
United Gilsonite Laboratories (UGL)

Jim Tates is President and Chief Executive Officer of United Gilsonite Laboratories (UGL). Founded in 1932 as a family business, UGL has over 90 years of experience as a specialty paint and coatings manufacturer providing quality products for the Pro and Do-It-Yourself markets. He joined UGL in 2016. Previously, he held transformational leadership roles with a variety of consumer driven businesses ranging from private equity backed start-ups to industry leading global CPG companies.


Conference Location

600 Commonwealth Place
Pittsburgh, PA 15222
Tel: (412) 391-4600