Business employee shaking hands

Merger & Acquisition

Services include the following:

  • Our proprietary title revenue forecast has passed expert scrutiny across multiple court cases.
  • Cash flow forecast, detailed Business analytics, and Price analysis.
  • Formal M&A Profile.
  • Initial discussions toward Letter-of-Intent.
  • Manage due diligence after LOI.
  • Consulting during final Negotiations and Closing.

Business Valuation

Valuation requirements vary dramatically based upon “intended use”:

  • Merger & Acquisition

    Merger & Acquisition

  • Litigation


  • Tax reporting

    Tax reporting

  • Form-9 reporting

    Form-9 reporting

  • Partnership


  • ESOP


  • Estate


  • Buyouts


  • Dry-run before negotiations

    Dry-run before negotiations

  • Shareholder dispute

    Shareholder dispute

  • Divorce


  • We have delivered more than 500 title valuations.
  • We are not academics. We have business backgrounds and know how to reach decision-makers, especially during pivotal negotiations.
  • Each report meets your specific need and jurisdiction: Federal, State, or County.
  • Provide concrete backup; Simple ratios or averages are useless in today’s environment.
Expert Testimony and Analysis

Expert Testimony and Analysis

  • World-scale data expertise to tackle complex cases and unique circumstances.
  • We digest complex issues for decision-makers and attorneys.
  • Our analysis is specific to title and especially effective with third parties and in legal proceedings.

Meet CDS

Joseph L. Piernock


Joseph L. Piernock Linkedin

Joseph L. Piernock joined CDS in Spring, 2006. In addition to traditional business valuation, Joe tackles those projects that require advanced business or computer analysis. He also leads our research into Title market fundamentals. Before CDS, Joe spent twenty years with ARCO where he conducted dozens of large, complex “buy” and “sell” valuations. The total value of these analyses totaled many billions of dollars and involved all sorts of industries and jurisdictions. Joe also held positions in marketing, finance, business development, manufacturing, governmental affairs, and engineering which explains his “all business” approach to valuation.

Joe holds an MBA from the Wharton School at the University of Pennsylvania, an MS in Engineering from Carnegie Mellon, and a BS in Engineering from Villanova.

Lawrence E. Kirwin


Lawrence E. Kirwin Linkedin

Lawrence E. Kirwin has an in depth background in closely held corporate valuations and acquisition work. He has provided business valuations for title insurance-related firms for over thirty years. Prior to forming CDS, he was Vice President—Corporate Development, for Commonwealth Land Title Insurance Company and led its nationwide expansion program. Mr. Kirwin was formerly a security analyst with a member firm of the New York Stock Exchange, Vice President of Finance for Iroquois Industries and managed corporate development for National Gypsum Company.

Larry holds a Law Degree from the University of the State of New York and a Finance Degree from Villanova University.