Our approach blends traditional valuation methodology with market-tested experiences to produce practical appraisal conclusions. Business appraisals can be required for a variety of reasons including:

  • Purchase or sale event
  • Shareholder exit planning
  • Buy-sell agreements
  • Recapitalization
  • Partnership formation and dissolution


A company's value is best determined by using multiple appraisal methods, which are taken from three basic valuation approaches:

  • Multiples of EBITDA
  • Determination of value based on multiples paid for similar businesses
  • Return on equity
  • Determination of value based on expected return on equity for similar businesses
  • Estimate of debt levels supportable by target operations will be determined
  • Discounted Cash Flow Analysis
  • Analysis of target’s ability to generate cash flows from operations
  • Preparation of financial projections
  • Data gathered from the target during due diligence and general industry knowledge