Edgars Ragels

Corporate Finance and Valuation Director

Financial Services

Corporate Finance | AML/CFT/BSA Compliance

Executive summary

Edgars is an experienced financial professional with a wealth of skills gained in the business valuation, 
financial modelling, corporate finance and investment analysis areas.

He is entirely committed to contribute to the development and growth of a business valuation practice by providing a full suite of valuation services in the areas of mergers and acquisitions, 
restructuring, financial and tax reporting, illiquid securities, and private equity portfolios. Edgars has track record in developing business valuation practices through building long-lasting client relationships, providing high quality valuation services and building high performing teams.


Key Achievements:

  •  Fairness opinion on the disposal of a €multui-bln non-performing loan portfolio of a EU bank;

  •  Valuation of a UK power generation company for financial reporting;

  •  Valuation of a large PE fund portfolio company for the recapitalization purposes;

  •  Valuation of a EU shipbuilding company for debt restructuring;

  •  Valuation of a gold mining company for a dispute resolution;

  • Developed unified excel-based valuation model templates for DCF and PPA.


  • Business appraiser, International Academy of Valuation and Consulting, Moscow; 2005

  • Master of Business Administration (MBA), Riga Business School founded by the State University of New York at Buffalo, Canadian State University in Ottawa, Riga Technical University; 1998


  •  Oil and gas business, Professional diploma, Gubkin Russian State University of Oil and Gas, Moscow; 2018

  •  Member of the Russian Society of Appraisers; 2010 to 2018

  •  Chartered Financial Analyst (CFA), CFA Institute; 2009


  • Latvian 
  • Russian 
  • English 
  • German