More takeaways from the ASA Advanced BV Conference

BVWireIssue #169-1
October 5, 2016

Last week’s BVWire presented some takeaways from the ASA Advanced Business Valuation Conference in Boca Raton. Here are a few more:

For sports franchises, typically 90% of value is in intangibles, says Drew Dorweiler (Dartmouth Partners Limited).

The Appraisal Foundation’s Market Participant Acquisition Premium (MPAP), or control premium, guidance will eventually extend beyond fair value for financial reporting into other areas of appraisal, says Eric Nath (Eric Nath & Associates LLC).

A majority of cross-border M&As are not successful, points out Neil Beaton (Alvarez & Marsal).

John Finnerty (Alix Partners) is working on a paper concerning the use of multi-regression for the guideline public company method. He will make a copy available to us as soon as it’s ready and we will provide you a link.

Statistics, particularly regression analysis on key business drivers, can be used to do the “but for” forecast for calculating lost profits, say Michael Crain (Financial Valuation Group) and G. William Kennedy (Berkeley Research Group LLC).

When valuing a firm in the legal marijuana industry, focus on the “Four Ls”: license, lease, location, and legislation, advises Ron Seigneur (Seigneur Gustafson LLP).  

Awards: During a luncheon, awards were bestowed on a number of individuals representing all of the appraisal disciplines: Roger Durkin (Durkin Law, P.C.) for the Lifetime Achievement Award; Nelson Clayton (Appraisals of Distinction, LLC) and Z. Christopher Mercer (Mercer Capital) for College of Fellows; William Quackenbush (Advent Valuation Advisors) for Examiner of the Year; Jan Marek (Deloitte) for the Jerry F. Larkins Award; Cinthia Giannakos (ASA) for the Sylvia Wade Olson Award; Paul Roberts for the Chapter Member of the Year; ASA’s Europe Chapter for the Professional Education Program Award; ASA’s Chicago chapter for the Outreach Program Award; and ASA’s NorCal chapter for the Chapter of the Year Award. BVWire congratulates all of the recipients.

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