How did surging stock prices affect M&A premiums all buyers paid in 2017? The Mergerstat Review highlights acquisition premiums paid using the seller’s five-day stock price prior to the announcement of the transaction, or essentially the premiums based on the equity value of the seller. Looking at the trends across all transactions, the numerous tables and charts in the Mergerstat Review show that premiums have steadily declined in most of the past five years. Read more >>

Among a dynamic array of other topics, BVR’s newest publication, The Comprehensive Guide to Economic Damages, covers the common elements of lost profits damages cases. This excerpt from the guide discusses how a plaintiff typically must establish three elements to recover lost profit damages: proximate cause, forseeability, and reasonable certainty. Read more >>

Learn how tax reform has impacted the world of business valuation and how to navigate key issues facing business appraisers, including how to adjust pre-Tax Act valuation multiples for post-Tax Act business valuations. Read more >>

The ability to gather all kinds of useful tips and advice from leading valuation practitioners is one of the benefits of attending conferences. There was no shortage of good ideas at the annual conference of the National Association of Certified Valuators and Analysts (NACVA) in Las Vegas. Here are just a few pieces of helpful guidance from some of the sessions. Read more >>

Explore the new DealStats platform that's revolutionizing comparable transaction analysis and providing business appraisers an objective reference point when benchmarking or valuing businesses. Learn about how DealStats offers statistics on private and public M&A transactions including valuation multiples, purchase price allocations, and more. Read more >>

Discover how far last year’s M&A buyers were willing to go above the publicly traded share value with their offers. View a list of the five highest premiums offered for M&A transactions announced in 2017. Read more >>

I want to grow my business valuation practice and brand, but where do I start? Business Valuation Update had the pleasure of talking with Debby Sweeney and Mellanie Bartlett, co-owners of Sweeney & Bartlett Marketing Partners Inc. Sweeney and Bartlett work with a number of business valuation (BV) firms, as well as other professional service firms, including attorneys, CPAs, and professional associations, to help them build their corporate and individual brands. Read more >>

Discover the most important considerations when approaching a fairness opinion and read tips from business valuation experts and attorneys. Explore key factors including the legal framework, due diligence, normalization adjustments, and more. Read more >>

Leading members of the CPA/ABV community ask that you take a survey on the AICPA’s decision to open up the ABV credential to non-CPAs. The survey will be closed soon, so please make your voice heard on this important matter. Read more >>

For appraisers preparing to value a heating, ventilation, and air-conditioning (HVAC) company, there is a range of industry-specific factors to navigate. Here are some of the special considerations for valuing an HVAC company. Read more >>

A number of prominent CPA/ABVs are urging the AICPA to reconsider a recent decision by its governing board to allow non-CPAs to be eligible for the Accredited in Business Valuation (ABV) credential. Please take a survey and give your thoughts. Read more >>

An infographic highlighting 10 key economic factors useful in business valuation and other financial analyses. View metrics from 1Q 2018, including housing starts, consumer confidence, retail sales, services sector index, manufacturing sector index, and more. Read more >>

Discover a quick method to benchmark a private company’s approximate enterprise value, and access real valuation multiples based on thousands of sold businesses in major industry sectors. Download a free e-book. Read more >>

The growing importance of fair value for financial reporting and the ongoing efforts to improve the quality in this area triggered a sell-out for the live ASA/USC 13th Annual Fair Value Conference. For those not able to attend in person or tune into the webcast, BVR’s own executive editor, Andy Dzamba, was there and shares his key takeaways from the event. Read more >>

View a list of essential reading for business appraisers preparing to value an S corporation, from valuation expert and former IRS territory manager, Michael Gregory. Read more >>

Since the Tax Cuts and Jobs Act was enacted, BVR has been gathering opinions and observations from valuation experts about the impacts of the new tax law on valuations. Here's a list of some points to consider that is by no means exhaustive but is a good starting point. Read more >>

As a busy business valuation professional, you may not always have the time to attend training events. We’ve compiled the top five tips from recent BVR webinars on the most timely and important topics in the profession. Read more >>

Of all the components that make up the cost of equity (COE), the company-specific risk premium (CSRP) often has the biggest impact on your discount rate. And, while appraisers rely on hard data for all of the other inputs in the COE, the CSRP is more or less a guess—which can send your business valuation off course.​ Check out BVR's infographic. Read more >>

From a business valuation perspective, automobile dealerships are different from other commercial businesses. In fact, the unique nature of the car-buying experience is only one of many unique aspects that make it tough for owners to answer the common question, “what is my car dealership worth?” To provide a road map for owners who may be considering selling their dealership and for the business appraisers tasked with valuing them, BVR asked experts to identify the top factors that impact the value of new car dealerships. Read more >>