Valuation is not a ritualistic application of formulas. To be meaningful, they require an enormous amount of research, experience and judgment. We do our utmost to ensure that not only are valuation techniques methodologically correct; we also aim to reach a value or valuation range that corresponds to a market value of a transaction, should the company be sold shortly after the valuation date.
In other words, in our valuations we routinely seek to arrive at a definition of fair market value based on the definition of the American Society of Appraisers: “the amount at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell, each being aware of the relevant facts.”
Valuations are useful in many situations: inter-generational transfers; management buyouts (MBO’s); Employee Share Ownership Plans (ESOPS); estate planning (e.g. estate freezes); financing; validating the need for specific life insurance; and to provide a guideline on value expectations when negotiating to sell to a third party.
Let our decades of experience work for you.