Risk analytics firm
We provided consulting to the company’s owner and a potential investor to assist with negotiations related to the sale of an equity interest in the business.
Private equity-owned marketing services firm
We assisted with the following projects:
- Purchase price allocation work for two acquisitions for reporting related to ASC 805. Our analysis included the valuation of backlog, customer relationships, and trade names, as well as calculations related to contingent consideration for one acquisition utilizing a Monte Carlo simulation model.
- Goodwill impairment testing for one reporting unit for compliance with ASC 350.
- Impairment testing related to indefinite-lived trade names.
- Valuation of equity units for compliance with ASC 718.
Reviewed by KPMG
Private equity firm specializing in investments in middle market companies
We assisted with the valuation of intangible assets related to three acquisitions for reporting related to ASC 805 (Private Company Council option). The acquired companies were involved in providing research and analysis associated with specialized financial and legal data. Assets valued included trade names/brands and content-related intellectual property.
Reviewed by BDO USA, LLP
Provider of retirement plans, consulting services, and trust services
We assisted with the valuation of intangible assets (including customer relationships and trade names) for several acquisitions as part of reporting for ASC 805. Purchase prices for the acquisitions ranged from approximately $25 million to over $90 million.
Reviewed by Burr Pilger Mayer
Publicly traded provider of staffing and consulting services
We assisted with the valuation of intangible assets associated with the acquisition of a business intelligence consulting firm. Assets valued included customer relationships, non-compete agreements, and a trade name.
Reviewed by PricewaterhouseCoopers
Private company specializing in management training and performance enhancement
We assisted the client with valuation analyses for negotiations with a potential acquirer (an international publicly traded company). Clairent was asked to assist target management after it received a low, initial offer from the acquirer. Within 24 hours of presenting Clairent’s valuation models and value proposition to the acquirer (which included an emphasis on the value of certain IP developed by the client), the initial offer for the client’s business was tripled.
Minority shareholders with interests in a privately held janitorial company
As part of a dispute associated with the company’s planned repurchase of the clients’ shares, we assisted with valuing their subject interests. Based on our analysis, the clients were able to successfully negotiate a repurchase based on a value which was almost two times greater than the company’s initial purchase offer.
Provider of event marketing strategies, meetings management, and event production
We valued the company and a minority interest as part of planning and negotiations related to the buy-out of the minority interest shareholder.
Private equity firm
As part of an acquisition, we valued the operations of an events and marketing business for financial reporting purposes. Our analysis included the valuation of the business enterprises associated with two subsidiaries, as well as the related intangible assets (including customer relationships and trade names).
Reviewed by Grant Thornton
Privately held branding agency
We assisted with a valuation of the company and a minority interest as part of negotiations related to the buy-out of the minority interest shareholder.
Reviewed by Frank, Rimerman + Co. LLP
Company involved in exhibit fabrication, event production, trade show programs, and design services
Provided several valuation analyses for financial reporting purposes which included the analysis of two companies' operations as part of merger-related accounting, as well as the valuation of certain acquired intangible assets for one of the companies (including customer relationships and trade names).
Reviewed by Moss Adams
Law firm
We assisted with calculating lost income associated with a marketing-related business as part of consulting for a dispute.
Provider of supply chain solutions for Fortune 100 companies
We prepared several valuation scenarios to assist the client with planning and negotiations related to a lawsuit involving a minority interest in a closely held business.
Accounting firm
As part of the sale of a small CPA firm, we assisted the client with valuing the personal and enterprise goodwill associated with the business.
Law firm
We provided consulting associated with valuation issues related to a dispute between a health services company and a former executive – including the existence and value associated with goodwill and guideline company market multiples.