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David Culpepper

Director of ELSEWORKS



Murrah Hall 113-C


BS  |  Belhaven College
BS, MBA  |  Millsaps College
Ph.D.  |  University of Alabama

David Culpepper


  • ENTR 3020 - Entrepreneurial Finance


  • ENTRE 699 - Entrepreneurship Practicum


Dr. David Culpepper holds BS degrees in chemistry and accounting, an MBA, and a PhD in accounting with a minor in statistics from the University of Alabama. He has been employed by Ernst & Young as well as the U.S. Treasury Department. During the last 25 years, he has served numerous clients in various financial, valuation, and capital deployment related engagements. A Certified Valuation Analyst (CVA) since 1995, Culpepper has been involved in private equity evaluation, financial damages and other litigation support, and the valuation of closely-held businesses for the purposes of mergers and acquisitions, estate planning, etc. He has been qualified as an expert witness to testify on business damages in both the Southern District Federal Court and the Northern District Federal Court. He has also conducted evaluations resulting in fairness opinions for the Mississippi Attorney General’s office for various hospital and healthcare entity acquisitions.

Culpepper has coordinated and participated in numerous private equity investments by various investor groups. These investments have ranged from early stage seed capital to later stage mezzanine financing rounds, and include a variety of industry sectors: medical devices, wireless technology, network routing technology, oil and gas exploration, commercial/residential real estate development, renewable energy technology, natural gas pipeline technology, among others. He also serves as managing partner of a hotel development/management firm that has acquired or developed ten hotels, and a construction firm that specializes in hotel construction.

Culpepper is a professor of accounting and entrepreneurship for the Else School of Management at Millsaps College, and serves as chair of ELSEWORKS, the College’s entrepreneurial initiative, as well as on the Board of Midtown Partners, Inc. He has also held the Kelly Gene Cook Chair of Business Administration, and has taught various courses in accounting, tax, finance, and entrepreneurship at both the undergraduate and graduate level.

He has published numerous articles in both academic and professional journals including the Journal of Applied Business Research, CPA Journal, Journal of European Business, Journal of International Taxation, Journal of Accounting and Finance Research, Journal of Accountancy, Journal of Accounting Theory and Practice, Journal of State Taxation, and the Mississippi Business Journal.

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