BVR’s new 2019 Mergerstat Review—UK Edition includes the ‘Top 100 Global Transactions Roster.’
‘Common law is shifting under our feet, so this is an interesting time to do valuations in contentious situations, whether it’s a family or a non-family situation,’ Andrew Strickland (Scrutton Bland) told BVWire—UK last month.
Two sources of industry betas were introduced this week in BVR’s Cost of Capital Professional (CCPro) to help in estimating the industry risk premium (IRP) component of the buildup method for developing the cost of capital for a private company.
BVWire—UK survey of multiples sources confirms lack of a perfect small-business valuation comparables resource
Business valuers in the UK often rely primarily on public-company multiples, given the lack of other comparables.
IVSC-WAVO Global Valuation Conference 2019,13-14 June, Frankfurt, Germany ...
As most British business valuators know, HMRC Shares and Assets Valuation (SAV) reviews (and sometimes questions) fiscal valuations. Staff at SAV have shrunk by about half over the years, but they still deal with many valuations (approximately 12,500 a year).
BVWire—UK ‘s spot two-question survey on sources for valuation multiples in your business valuations will close in a few days.
The British private equity firm BC Partners is selling its majority stake in the financial data firm Acuris, which owns Mergermarket and Debtwire, to the ION Investment Group (Dublin).
It’s not uncommon that business valuation analysts need to consider the contingent value and costs of earnouts paid to the management of acquired companies.
ICAEW offers its two-day valuation basics course again beginning 12 June in London (the second day is 24 June).
IVSC-WAVO Global Valuation Conference 2019—13-14 June, Frankfurt, Germany ...
Accountants and valuers file a significant number of extension requests for existing EMI agreements.
Quite a bit, it turns out—30%. Current data (including Q1 2019 updates) from the FactSet Mergerstat/BVR Control Premium Study (CPS), show that UK buyers value the future benefits of controlling interests higher than nearly anywhere else in the world.
One source, of course, is the BDO Private Company Price Index (PCPI). Q1 results for the PCPI were just released and are available now from BDO.
Richard Hayler (Deloitte), fellow of the ICAEW, offers a ‘formula for finite life project cashflows’ that modifies earlier models to achieve ‘a more realistic assumption set.’
UK business valuers who are already members of (or well familiar with) RICS, might get a sense of deja vu from the news that The European Group of Valuation Associations (TEGoVA) held the first meeting of the business valuation standards committee in Dubrovnik last week.
The first edition of Mergerstat Review—UK Edition, available for preorder now to deliver in June, provides business valuators with a comprehensive list of 2018 transactions in the U.K. and cross-border activity.
‘In both the UK and the EU there will soon be substantial changes to current insolvency legislation,’ says Marianne Tissier (Valuology) in a recent blog post.
‘Nonfinancial liabilities is one area where very little if anything has been published by any other valuation body,’ says Andreas Ohl, chair of the IVSC Business Valuation Board.
Richard Hayler (FCA) has joined Deloitte Southeast Asia as the Lead Partner for Disputes specialising in valuation, financial and accounting issues.
Various efforts to set standards for the valuation of financial instruments have been attempted, but ‘investors, regulators, chartered accountants, and the banks are unified since the last financial crisis,’ says Gavin Francis, HSBC’s chief accounting officer in London and past technical director of the IASB.
The International Institute of Business Valuers (iiBV) is expanding their training offerings for business valuators.
The ICAEW’s annual BV conference has been scheduled for Thursday, 20 September, at Moorgate Hall in London.
Brand Finance became the first brand valuation consultancy to join the International Valuation Standards Council (IVSC).
ICAEW offers its two-day valuation basics course again beginning 9 May in London (the second day is 24 May).