Join your peers in responding to BVR’s Firm Economics Study, to see how growth and change is accelerating in the business valuation profession. Read more >>

There was record attendance at the ASA/USC 11th Annual Fair Value Conference in Los Angeles. BVWire was there and here are a few takeaways from some of the sessions, all of which were excellent. Read more >>

BVWire provides a few key takeaways from the recent annual business valuation conference of the New York State Society of CPAs (NYSSCPA) in New York City. Read more >>

Forty percent of respondents to a recent BVWire poll cite practice management as their biggest concern for 2016. This includes issues such as competition, fee pressures, hiring, succession planning, and the like. Read more >>

In terms of valuation methodology, the agreement provided that “there shall be no minority or non-marketability discount applied.” Also, “fair market value” meant an arm’s length sale to an unrelated third party. And, for purposes of calculating the “total equity value,” the value of the assets would be subject to an EBITDA collar to ensure that the value of the assets was at least 6.5 x but no more than 7.5 x the company’s “EBITDA less Maintenance Capex” for year-end 2013. The resulting number was to be reduced by the company’s obligations and liabilities. Most important, the parties agreed to be bound by the appraiser's calculation of the price of the put units. There was no provision for judicial or any other form of review of the appraiser's valuation. Read more >>