You’ll get a better price from ’strategic’ buyers now than you will from ‘financial’ buyers
Strategic buyers paid record premiums of 40.9% in 2009, as reported by BVR financial analysts working with Mergerstat®/BVR Control Premium Study™ data. After acquisitions practically grinded to a halt during the deep U.S. economic drop, deal activity began picking up. Capable strategic buyers capitalized on opportunities—and were willing to pay a premium for them. Financial buyers, [...]
Business owners and brokers can find 142 more current private company financials and market comps
Doug Twitchell, Publisher of Pratt’s Stats, let businessvaluation.com know that 142 private company deals were just added to the database. Updates occur regularly so that private company owners, business brokers, and business appraisers can review current transactions to get a better sense of market pricing.
The new deals include financial statements, deal terms and purchase price, for [...]
A reminder of “the basics” in the on-going fair value debate
Going Concern’s Adrienne Gonzalez recently asked the question “does anyone care about fair value anymore?” Tired of reading IASB and FASB requests for comments, Gonzalez asked David Larsen (Duff & Phelps and a member of FASB’s Valuation Resource Group) for his current thoughts.
“David believes public opinion dominates the fair value argument and really doesn’t see [...]
Thinking of acquiring a business? A fairness opinion provides protection
If you’re in acquisition mode, there’s a small legal detail you may face–getting a fairness opinion. During the recent BVR webinar on fairness opinions, Jeffrey Rothschild (McDermott Will & Emory) told the audience there are generally two different models of fairness opinions; one by Goldman Sachs and the other by Houlihan Lokey. The Goldman model [...]
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