Lee Tourscher is a managing director in the Valuation Advisory Services practice, based in the Philadelphia office. Lee leverages over 13 years of experience advising global clients across a variety of industries on a range of valuation and corporate finance issues, including business and asset-level valuations, financial and tax reporting compliance, portfolio valuation, transaction opinions, dispute consulting and restructuring. Within financial and tax reporting compliance, Lee assists clients with valuations related to purchase price allocation, impairment testing, share-based compensation and other requirements.

Lee specializes in the energy infrastructure sector, focusing on renewable and conventional electric power generation; regulated electric, gas and water utilities; district energy services; clean energy technology and services; energy marketing and trading; midstream and downstream energy operations; and industrial metals and mining. His experience in the power industry includes valuation for utility and distributed solar, wind, hydro, coal, diesel/oil, energy-from-waste, natural gas and nuclear generation facilities.

Lee has significant expertise building complex business enterprise, equity, and various tangible and intangible asset valuation models. His intangible asset valuation projects include working on power purchase and tolling agreements, fuel supply and transport agreements, leaseholds, customer contracts and relationships, technologies, trade names and environmental credits.

Lee received a B.A. in economics and a B.S. in finance from Saint Joseph’s University, where he graduated with the highest distinction. He is a Chartered Financial Analyst (CFA) charter holder and a member of the CFA Institute.

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Business Valuation and Appraisals

Duff & Phelps provides valuation and asset appraisal for financial reporting, income tax, investment and risk management purposes.

Business Valuation and Appraisals

Valuation Services

Valuation and asset appraisal for financial reporting, income tax, investment and risk management purposes.

Valuation Services

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2021 European Goodwill Impairment Study: An Overview

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Industry Multiples

North American Industry Market Multiples (As of September 30, 2021)

Industry Multiples
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European Industry Market Multiples (As of September 30, 2021)

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Shannon Pratt’s "Valuing a Business" - Preserving a Legacy

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