As bank loan/EBITDA ratios decline, mezzanine financing flourishes
This is a follow-up story to the article covering the Alliance of Merger and Acquisition Advisors private equity panel in the September BVU . This interview on mezzanine financing covers the next tie ...
Sodaro v. Sodaro
One issue on appeal was whether the trial court double counted income from the husband's psychiatry practice that was also equitably distributed as marital property.
New York Court Finds Excess Earnings Double Counted
In this marital dissolution case, the husband, a psychiatrist with a successful private practice, appealed the judgment of the trial court ordering him to pay monthly spousal maintenance pay ...
A primer on hospital valuations
We are publishing this article on hospital valuation in two parts. The first part of the article gives you background on hospital valuation and discusses trends. The second part of the article, which ...
Goodwill amortization period reduced
" FASB To Limit Amortization Period for Goodwill from 40 to 20 Years," PULSE , June 1999, pp. 8,12. The Financial Accounting Standards Board has announced plans to reduce the amortization period fo ...
Markets awash in capital for private equity financing
The Institute for International Research presented a new conference, "Financing Privately-Owned Middle Market Companies," in Atlanta Jan. 25-26. Although the conference was poorly attended, there were ...
Comparison between Bizcomps and Pratt's Stats valuation multiples
The Bizcomps 1998 Eastern Edition has been released, with 1,009 transactions covering the last eight years, with an average selling price of $209,220 per transaction. Edited by Jack R. Sanders, CBA ...
Speakers discuss landmark cases, market approach and discounts
This report concludes our coverage of the Nov. 15-17 AICPA Business Valuation Conference. For summaries of other presentations and a list of audiotapes available, see BVU December, 1998, pp. 1-4.
ASA summer '98 conference coverage (continued from August issue)
Highlights from the ASA's summer 1998 conference.
Physician goodwill varies by practice - part II
In the September issue of BVU, Kumura expressed a concern that the present value of the future tax savings inuring to the benefit of the buyer overstates the value of goodwill. However, sinc ...
One "consolidation IPO" followed by another creates huge wealth
In October 1991 Douglas R. Colkitt, MD, Larry W. Pearson and Richard C. Holdren founded EquiVision, Inc. They consolidated 18 ophthamology surgery centers and took the company public in November 1993.