Business Valuations

An experienced business valuator uses a variety of techniques and approaches to replicate how the market will view value of a business.  A thorough understanding of the particular business (its operations, management and financials) and in-depth research into the market for industry transactions are all required in order to arrive at a defensible conclusion of value.

Our professionals have completed literally hundreds of business valuation assignments for a variety of purposes, including:

  • tax planning/compliance
  • succession
  • purchase/sale (M&A)
  • shareholder disputes
  • marital dissolution
  • financial reporting

In our experience, the key to our successful valuation practice is four-fold:

  • sifting through a collection of data on the business, industry research and market evidence;
  • modelling future valuation scenarios in an uncertain and dynamically changing industry and economic environment;
  • being able to conclude on a supportable and defensible valuation;
  • and finally, communicating to clients and other stakeholders the results of our work in an understandable (yet technically proficient) manner.

Our most senior professionals also have experience in preparing expert reports and testifying as expert witnesses in a variety of litigation and investigative disputes, such as shareholder dispute, expropriation, breach of contract, tort and marital dissolution.  Financial expert reports can cover a wide range of business disputes, from valuation, loss quantification, forensic accounting and determination of guideline income for support purposes.

 

Valuation Reporting – Alternatives

 

Level of valuation

Comprehensive   Opinion
Pricing   Analysis (M&A)
Estimate
Calculation

 

 

 

 

 

Level of assurance

Highest

Moderate, with limitations

Moderate, with limitations

No assurance – ballpark

 

 

 

 

 

Level of analysis, investigation and corroboration

Extensive and in-depth

Moderate, but includes some industry research and consideration   of possible strategic buyer premium.

Moderate,   but includes some industry research.

Limited and no industry research

 

 

 

 

 

Appropriate or best use

Trial   and other contentious or high-risk matters.

M&A   planning or negotiations

Planning,   income tax compliance and/or small business

Preliminary   estimates, income tax compliance and/or small business

Reporting

Comprehensive detailed report/schedules along with   summary presentation

Summary presentation & schedules

Detailed report along with summary presentation

Brief report

Estimated fees

Highest
Less than Comprehensive
More than Calculation
Lowest