by Royer Advisors | Dec 11, 2024 | Business Plans, Uncategorized, Valuations
IRS Revenue Ruling 59-60 is an essential building block of modern appraisal practice. It identifies “the condition and outlook of the specific industry” as one of the factors to consider when valuing a private business. But how do investors measure...
by Royer Advisors | Dec 11, 2024 | Business Plans, Court Rulings, Uncategorized, Valuations
Chancery Adopts Merger Price Sans Cost Savings Reduction Merlin Partners LP v. AutoInfo, Inc., 2015 Del. Ch. LEXIS 128 (April 30, 2015) In a Delaware statutory appraisal action, the Chancery once again determined that the merger price trumped values resulting from...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Valuations
Value is relative. Some assignments require the valuation of a minority interest that may lack control and “marketability,” while others call for an appraisal of the entire entity on a controlling basis. How do these situations differ, and how are these differences...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Have you ever heard a business owner brag, “I was offered $X million for my business!”, or have you been lucky enough to receive an offer from another party to purchase your private business stock? It seems that such offers reveal how much an objective...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning, Valuations
Private equity funds offer a way to get a capital infusion for your Maine-based company for a period of time while maintaining a role in its operation and avoiding a sale or a merger. It’s called equity recapitalization and it typically involves selling a...
by Royer Advisors | Dec 11, 2024 | Business Plans, Valuations
Many small businesses today have a significant amount of intellectual property as part of their value. Sometimes it can be difficult to actually place a value on this type of property. It can be hard to understand, as it’s often quite technical. Also, there are...
