Business Valuation Consulting Financial Advisory Services

About Us

The Axcess Group (TAG) specializes in professional, independent business valuation consulting and financial advisory services.

With an average of 20 years of valuation and corporate development experience, TAG’s accredited appraisers provide our business and professional clients with key valuation information and solutions to access the value in business assets and equity.

Our team of credentialed business appraisers have completed peer reviews, experience requirements, and achieved certifications from leading appraisal organizations, including the American Society of Appraisers and the Institute of Business Appraisers.

Our clients include business owners, corporate executives, investors, and their legal, tax, audit, and transaction advisors. TAG’s valuation engagements serve these clients with their tax and regulatory compliance issues, financial reporting and transaction requirements, dispute resolution, and a variety of ownership transfer activities.

Carolyn Armbrust

Carolyn armbrust

Carolyn Armbrust, MBA, ASA, CBA is the principal and founder of the business valuation and financial advisory firm The Axcess Group. She has achieved the Accredited Senior Appraiser designation from the American Society of Appraisers and the Certified Business Appraiser designation from the Institute of Business Appraisers.

In the course of her career, Ms. Armbrust has conducted over 200 professional valuation engagements of U.S. and international companies. Ms. Armbrust’s experience spans both public and private enterprises, valued from under $1 million to over $250 million, and she has served as an independent valuation advisor to numerous private companies in their securing minority and control level investments from private equity firms and multi-billion dollar public companies.

Previous to TAG, Ms. Armbrust led buy-side and sell-side investment banking engagements for New-York and Connecticut-based firms specializing in the media, information, and exhibition industries. Earlier in her career, Ms. Armbrust led and participated in M&A valuations and transactions for a division of Reed Elsevier, a $9 billion diversified media and information provider.

Ms. Armbrust holds a Master’s of Business Administration in Strategic Planning and Business Policy from the University of New Haven and a Bachelor of Arts in International Business and Foreign Languages from North Central College.

Professional Affiliations

American Society of Appraisers, CT Chapter Board Member (2003-2010)
Institute of Business Appraisers (2001-2016)
National Association of Certified Valuators and Analysts
Estate Planning Council of Lower Fairfield County, Board Member (2009-2015)
Fairfield County Bar Association, Associate Member
Professional Advisors Network, President (2005)
SCORE Fairfield County

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Martha Gaudio

Martha gaudio

Since 2011, Martha Gaudio has been the director of business consulting for The Axcess Group and is responsible for developing all aspects of business valuation engagements, including economic and industry research and analysis, business and financial analysis, and valuation development. She is a candidate member with the American Society of Appraisers, and leads various other financial advisory and strategic consulting engagements for TAG’s clients.

Ms. Gaudio is a financial, research and business analyst and has specialized in designing and implementing analytical models and processes to facilitate management-level decision-making and drive business results. She has a variety of experience across web/direct-to-consumer businesses, direct marketing, consumer products, foods, pharmaceuticals, biotech, professional sports, consulting, economic development and non-profit.

Ms. Gaudio holds a Master’s of Business Administration in Finance from New York University as well as a Bachelor of Arts degree from Gettysburg College.

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Dawn Castaldi

Dawn castaldi

As senior analyst for The Axcess Group, Dawn Castaldi leads financial, economic, and industry research and analysis for the firm’s valuation engagements. In addition, she has contributed to identifying and analyzing acquisition targets for client roll-ups.

Prior to her current role, Ms. Castaldi started working with The Axcess Group as an associate, commencing in 2008.

Earlier in her career, Ms. Castaldi gained 10 years of experience as a financial analyst for a boutique investment banking firm, Segal & Co., Inc., and a telecom start up, Oceanic Digital. In these roles, Ms. Castaldi participated in growth capital raises, ranging from $1 million to $136 million, to finance organic and greenfield expansion opportunities. On these projects, she also conducted financial and operational analysis on start-ups in the telecom, aerospace, and technology industries.

Ms. Castaldi holds a Bachelor of Science degree from Boston University, with a concentration in Communications.

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Brendan Mulcahey


Mr. Mulcahey is an associate of TAG and has been affiliated with the firm since 2012. He leads technology and administrative services, and contributes to financial data preparation and analysis.

Mr. Mulcahey attends the University of Connecticut, and is pursuing a degree in Finance from the School of Business.