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Valuation Date Survey

The goal of the survey is to assist valuation clients in selecting a valuation date. Valuation date issues are more prevalent in common stock valuations (a.k.a. 409A valuation) because it requires strict coordination with equity-based compensation dates.

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Purchase Accounting Valuation Benchmarking

Valuations of IP and intangible assets are complex and often unintuitive. Purchase price allocations (“PPAs”) or stand-alone IP valuations require esoteric financial models, hypothetical assumptions, and speculative projections. It is often difficult to gain comfort with a 50-100-page bespoke valuation report. Studying PPAs reported by public companies to the SEC may help. We analyzed 3,000+ PPAs reported since 2015 across

New Common Stock Valuation Guide – Are Valuations Going Up?

Not to be outdone by 2025’s public stock markets, private stock valuations are about to go up. We can thank the new draft AICPA guidance. A new approach to secondary transactions and liquidation preferences is likely to increase the valuations of some common stock.

Market Multiples: You Probably (Very Likely) Need to Revisit

The market approach is very popular in valuation. One simply multiples a financial metric, e.g., revenue or EBITDA, by a market multiple. For example, with 5.0x EBITDA multiple, a company with $10 million in EBITDA is worth $50 million. Comparable publicly traded companies or transactions (the “comparables”) provide the multiples.

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