Valuations

Valuing a private business is notoriously difficult as it is an art rather than a science.  A business valuation is based on an assessment by an experienced valuer, often using their experience and judgment, having consideration of many different factors, and selecting the most appropriate valuation approach.

Certain tangible assets are relatively easy to value and it is usually the intangible assets of the business, such as goodwill, that are the most complex areas of the valuation.
Business valuations are typically performed under the following circumstances:

• As part of an assessment of a proposed acquisition of a business
• As part of an assessment of a proposed disposal of a business
• The valuation of a minority interest for its purchase by either the other shareholders or a potential company buy back
• A shareholder dispute

We have experience of performing business valuations for many types of businesses, operating in many different sectors, and for a wide range of circumstances including expert witness.

To value a business our experts:

• Perform a detailed review of the historic and projected future performance of the business taking into consideration one-off and exceptional items that may distort the valuation
• Perform detailed research into the industry and sector in which the business operates
• Review recent acquisition and disposal deal information involving similar businesses operating in a similar industry/sector
• Consider any likely changes to the business post transaction
• Select the most appropriate valuation method
• Prepare a valuation report