27
/ September
2023
Standards of Value
Regulatory pressures on business valuation continue to intensify and valuation professionals need to keep up with developments and requirements. BVR has everything you need to stay ahead of the changing environment.
Guides & Books
FactSet Mergerstat Review, 2017
April 2017 PDF (401 pages)
FactSet Mergerstat
Business Valuation Resources, LLC
The FactSet Mergerstat Review is the cornerstone of any mergers and acquisitions library. This must-have resource delivers comprehensive rosters, data and statistics on merger and acquisition (M&A) transactions that involve U.S. companies, including privately held, publicly traded and cross–border transactions, and also lists unit divestitures, management buyouts, and certain asset sales.
Each annual edition sources from FactSet Mergerstat's leading global mergers and acquisitions database, and expert analysts verify all the data. Use the Mergerstat Review to anchor your research and augment your M&A data.
Click here to purchase additional Mergerstat Review editions >>
$299.00/PDF
Add to cart
This is an approximate price based on the current exchange rate of {rate}. All purchases will be settled in USD.
Table of Contents
LIST OF TABLES
SUMMARY OF CHARTS
ACKNOWLEDGMENTS
INTRODUCTION
PART ONE: Statistical Analysis:
- Aggregate Merger and Acquisition Announcements
- Composition of Aggregate Net Merger and Acquisition Announcements
- Method of Payment
- P/E Offered
- Premium Offered
- Divestitures
- Publicly Traded Sellers
- Privately Owned Sellers
- Foreign Sellers
- Aggressive Buyers
- 2016 Mergerstat® Financial Advisor Ranking
- 2016 Mergerstat® Legal Advisor Ranking
- 2016 Mergerstat® IPO Ranking
- Termination Fees
- Private Equity Snapshot 2016
PART TWO: Industry Analysis
- Industry Highlights
- Mergerstat® Industry Groups
- Industry Spotlights
- Industry Multiples
- Industry Premiums
- Industry Composition
- Cross-Border Activity by Industry
PART THREE: Geographical Analysis
- U.S. Sellers and Buyers by Region
- Foreign Buyers
- Foreign Sellers
PART FOUR: Current Year Rosters
- Private Equity Transactions
- Completed/Pending Transactions With Pricing Disclosed
- Cancelled Transactions With Pricing Disclosed
- Transactions With Either Buyer or Seller Termination Fees Disclosed
- Composition of Mergerstat® Review $1 Billion Club 2016
PART FIVE: Historical Review
- 25-Year Statistical Review
- Record Holders
- 100 Largest Announcements in History
- Largest Announcements in History by Industry
PART SIX: Transactions by SIC
- 2016 List of Transactions by Seller SIC Code
GLOSSARY OF TERMS
INDEX
MERGERSTAT INDUSTRY CLASSIFICATIONS
Training
No upcoming events found.
FactSet Mergerstat Review, 2017
April 2017 PDF (401 pages)
FactSet Mergerstat
Business Valuation Resources, LLC
The FactSet Mergerstat Review is the cornerstone of any mergers and acquisitions library. This must-have resource delivers comprehensive rosters, data and statistics on merger and acquisition (M&A) transactions that involve U.S. companies, including privately held, publicly traded and cross–border transactions, and also lists unit divestitures, management buyouts, and certain asset sales.
Each annual edition sources from FactSet Mergerstat's leading global mergers and acquisitions database, and expert analysts verify all the data. Use the Mergerstat Review to anchor your research and augment your M&A data.
Click here to purchase additional Mergerstat Review editions >>
$299.00/PDF
Add to cart
This is an approximate price based on the current exchange rate of {rate}. All purchases will be settled in USD.
Table of Contents
LIST OF TABLES
SUMMARY OF CHARTS
ACKNOWLEDGMENTS
INTRODUCTION
PART ONE: Statistical Analysis:
- Aggregate Merger and Acquisition Announcements
- Composition of Aggregate Net Merger and Acquisition Announcements
- Method of Payment
- P/E Offered
- Premium Offered
- Divestitures
- Publicly Traded Sellers
- Privately Owned Sellers
- Foreign Sellers
- Aggressive Buyers
- 2016 Mergerstat® Financial Advisor Ranking
- 2016 Mergerstat® Legal Advisor Ranking
- 2016 Mergerstat® IPO Ranking
- Termination Fees
- Private Equity Snapshot 2016
PART TWO: Industry Analysis
- Industry Highlights
- Mergerstat® Industry Groups
- Industry Spotlights
- Industry Multiples
- Industry Premiums
- Industry Composition
- Cross-Border Activity by Industry
PART THREE: Geographical Analysis
- U.S. Sellers and Buyers by Region
- Foreign Buyers
- Foreign Sellers
PART FOUR: Current Year Rosters
- Private Equity Transactions
- Completed/Pending Transactions With Pricing Disclosed
- Cancelled Transactions With Pricing Disclosed
- Transactions With Either Buyer or Seller Termination Fees Disclosed
- Composition of Mergerstat® Review $1 Billion Club 2016
PART FIVE: Historical Review
- 25-Year Statistical Review
- Record Holders
- 100 Largest Announcements in History
- Largest Announcements in History by Industry
PART SIX: Transactions by SIC
- 2016 List of Transactions by Seller SIC Code
GLOSSARY OF TERMS
INDEX
MERGERSTAT INDUSTRY CLASSIFICATIONS
19
/ December
2019
Valuation for Small Business Administration Loans
06
/ September
2018
Calculation Engagements: Risks, Rewards and New Guidance
23
/ October
2014
A Lively Debate on Global Business Valuation Education
10
/ September
2014
Price and Value: Discerning the Difference, an Advanced Workshop
06
/ August
2013
Reports & Reporting Standards in Litigation
Deal & Market Data
FactSet Mergerstat Review, 2017
April 2017 PDF (401 pages)
FactSet Mergerstat
Business Valuation Resources, LLC
The FactSet Mergerstat Review is the cornerstone of any mergers and acquisitions library. This must-have resource delivers comprehensive rosters, data and statistics on merger and acquisition (M&A) transactions that involve U.S. companies, including privately held, publicly traded and cross–border transactions, and also lists unit divestitures, management buyouts, and certain asset sales.
Each annual edition sources from FactSet Mergerstat's leading global mergers and acquisitions database, and expert analysts verify all the data. Use the Mergerstat Review to anchor your research and augment your M&A data.
Click here to purchase additional Mergerstat Review editions >>
$299.00/PDF
Add to cart
This is an approximate price based on the current exchange rate of {rate}. All purchases will be settled in USD.
Table of Contents
LIST OF TABLES
SUMMARY OF CHARTS
ACKNOWLEDGMENTS
INTRODUCTION
PART ONE: Statistical Analysis:
- Aggregate Merger and Acquisition Announcements
- Composition of Aggregate Net Merger and Acquisition Announcements
- Method of Payment
- P/E Offered
- Premium Offered
- Divestitures
- Publicly Traded Sellers
- Privately Owned Sellers
- Foreign Sellers
- Aggressive Buyers
- 2016 Mergerstat® Financial Advisor Ranking
- 2016 Mergerstat® Legal Advisor Ranking
- 2016 Mergerstat® IPO Ranking
- Termination Fees
- Private Equity Snapshot 2016
PART TWO: Industry Analysis
- Industry Highlights
- Mergerstat® Industry Groups
- Industry Spotlights
- Industry Multiples
- Industry Premiums
- Industry Composition
- Cross-Border Activity by Industry
PART THREE: Geographical Analysis
- U.S. Sellers and Buyers by Region
- Foreign Buyers
- Foreign Sellers
PART FOUR: Current Year Rosters
- Private Equity Transactions
- Completed/Pending Transactions With Pricing Disclosed
- Cancelled Transactions With Pricing Disclosed
- Transactions With Either Buyer or Seller Termination Fees Disclosed
- Composition of Mergerstat® Review $1 Billion Club 2016
PART FIVE: Historical Review
- 25-Year Statistical Review
- Record Holders
- 100 Largest Announcements in History
- Largest Announcements in History by Industry
PART SIX: Transactions by SIC
- 2016 List of Transactions by Seller SIC Code
GLOSSARY OF TERMS
INDEX
MERGERSTAT INDUSTRY CLASSIFICATIONS
News & Research
FactSet Mergerstat Review, 2017
April 2017 PDF (401 pages)
FactSet Mergerstat
Business Valuation Resources, LLC
The FactSet Mergerstat Review is the cornerstone of any mergers and acquisitions library. This must-have resource delivers comprehensive rosters, data and statistics on merger and acquisition (M&A) transactions that involve U.S. companies, including privately held, publicly traded and cross–border transactions, and also lists unit divestitures, management buyouts, and certain asset sales.
Each annual edition sources from FactSet Mergerstat's leading global mergers and acquisitions database, and expert analysts verify all the data. Use the Mergerstat Review to anchor your research and augment your M&A data.
Click here to purchase additional Mergerstat Review editions >>
$299.00/PDF
Add to cart
This is an approximate price based on the current exchange rate of {rate}. All purchases will be settled in USD.
Table of Contents
LIST OF TABLES
SUMMARY OF CHARTS
ACKNOWLEDGMENTS
INTRODUCTION
PART ONE: Statistical Analysis:
- Aggregate Merger and Acquisition Announcements
- Composition of Aggregate Net Merger and Acquisition Announcements
- Method of Payment
- P/E Offered
- Premium Offered
- Divestitures
- Publicly Traded Sellers
- Privately Owned Sellers
- Foreign Sellers
- Aggressive Buyers
- 2016 Mergerstat® Financial Advisor Ranking
- 2016 Mergerstat® Legal Advisor Ranking
- 2016 Mergerstat® IPO Ranking
- Termination Fees
- Private Equity Snapshot 2016
PART TWO: Industry Analysis
- Industry Highlights
- Mergerstat® Industry Groups
- Industry Spotlights
- Industry Multiples
- Industry Premiums
- Industry Composition
- Cross-Border Activity by Industry
PART THREE: Geographical Analysis
- U.S. Sellers and Buyers by Region
- Foreign Buyers
- Foreign Sellers
PART FOUR: Current Year Rosters
- Private Equity Transactions
- Completed/Pending Transactions With Pricing Disclosed
- Cancelled Transactions With Pricing Disclosed
- Transactions With Either Buyer or Seller Termination Fees Disclosed
- Composition of Mergerstat® Review $1 Billion Club 2016
PART FIVE: Historical Review
- 25-Year Statistical Review
- Record Holders
- 100 Largest Announcements in History
- Largest Announcements in History by Industry
PART SIX: Transactions by SIC
- 2016 List of Transactions by Seller SIC Code
GLOSSARY OF TERMS
INDEX
MERGERSTAT INDUSTRY CLASSIFICATIONS
Blog Posts
05
/ April
2022
AICPA Issues a Bridging Document to the International Valuation Standards
The AICPA has issued a bridging document to move a VS100 valuation engagement to an IVS-compliant valuation engagement. Learn more about what this might mean for the BVLS field. Read more >>
31
/ August
2021
Get a Sneak Peek at Trends, Valuation Multiples, and Operation Ratios for Small, Main Street Private Companies
BIZCOMPS, a comprehensive online database with financial details on small, Main Street private companies, has been recently updated with new transactions, and the current BIZCOMPS/BVR Deal Review (BDR), exclusively for subscribers, is now available. This special publication analyzes general trends, valuation multiples, and operating ratios for transactions in the database. Get a sneak peek at the Summer 2021 issue with highlights including harmonic mean and median sale price, median SDE/rent, and more. Read more >>
24
/ August
2021
The Story Behind Your Valuation: Damodaran’s Five-Step Framework
One of the lessons learned from the COVID-19 crisis is that a coherent narrative is more important than ever in business valuation, says Dr. Aswath Damodaran, of New York University Stern School of Business, who gave the keynote address at the CBV Congress 2021. A valuation needs a marriage of narrative and numbers, Damodaran says. In a good valuation, the numbers are “bound together” by a coherent narrative, and storytelling is kept grounded with numbers. Too much emphasis on numbers can make valuations mere “plug-and-point exercises” that may be perceived to be sales pitches or a confirmation of preconceived values. Read more >>
21
/ July
2021
A Practical, Step-by-Step Process for Applying Invested Capital Premiums
For years, the valuation profession has debated the definition of a control premium, including its distinction from an acquisition premium. What began years ago as a relatively simple question—if there is a control premium, what should it be?—now includes analyzing such concepts as invested capital premiums and equity-based premiums, transaction synergies and strategic values, marketability, and levels of control. All are “key points” to keep in mind throughout the quantification of a control premium, say Tim Meinhart and Nate Novak (both of Willamette Management Associates), who led a webinar on this topic titled Evaluating and Applying Control Premiums earlier this year. Read more >>
25
/ June
2021
Business Valuation’s ‘Dirty Little Secret’
Recent developments have put the spotlight squarely on projected financial information (PFI). The perception is that too many valuation experts simply accept projections and forecasts they’re given without applying enough scrutiny—or any scrutiny at all. Fortunately, there is some new guidance on how to examine and substantiate PFI you get from management or other third parties in BVR’s new Guide to Management Projections and Business Valuation: Analysis and Case Law. The following is an excerpt from that chapter. Read more >>
10
/ May
2021
Professional Standards for Certified Public Accountants, Economists, and Other Financial Experts
Financial experts may be subject to standards of professional practice from a number of sources when they measure lost profits damages and give related expert testimony. The sources can include governmental regulators as well as professional membership organizations and societies. In addition, a technical community may establish professional standards of practice in other ways. Read more >>
27
/ April
2021
Six Tips for Handling Key Issues in Tricky Bankruptcy Valuations
A number of issues have emerged that analysts will encounter when performing a valuation in a bankruptcy context. Valuation analysts who become involved in bankruptcy-related assignments should expect their work to come under a great deal of scrutiny because most of these engagements are done within a litigation or some other adversarial context, cautioned Robert Reilly, a managing director at Willamette Management Associates, during a BVR webinar back in 2017. While his remarks were made a few years ago, they continue to resonate, and a chapter from Business Valuation and Bankruptcy: Case Law Compendium, 3rd edition, contains more of his timeless advice on how to handle the challenges valuation experts will face. Read more >>
16
/ April
2021
Tips and Techniques for Detecting Misrepresentations in Business Interruption Claims
Business interruption insurance claims are on the rise, and analysts need to be on the lookout for misrepresentations. Michael Haugen, CPA, CFF, CFE (JS Held) conducted a session on this at the recent AICPA FVS Conference, and it’s an area where valuation experts would do well to bolster their knowledge and skills in financial forensics. During his session, Haugen gave some tips on how to “sniff out” misrepresentations in these claims. In the recent Business Valuation Update (BVU) article, “14 Ways to Detect Misrepresentations in Business Interruption Claims,” Haugen classifies specific techniques to detect misrepresentations in business interruption claims. Read more >>
22
/ March
2021
Seven Techniques to Consider When Calculating Damages for Early-Stage Companies
Measuring lost profits damages for new or early-stage businesses can be a daunting task. Traditional damage analyses that rely on historical results are often meaningless since, by definition, startup companies usually lack a track record of operating results. Without an historical operating history for measuring lost profits, the damages expert walks a thin line between speculation and a reasoned analysis. Under most circumstances, to be admissible evidence, damage analyses require relevant and reliable factual bases. These legal and evidentiary requirements are often heightened when measuring damages for new businesses. Read more >>
03
/ March
2021
Insights, Tips, and Practical Advice From the AICPA Forensic and Valuation Services Conference
The 2020 AICPA Forensic and Valuation Services (FVS) Conference held this past November was loaded with great speakers and interesting sessions—so much so that we can’t include everything. Here are some key takeaways from the early sessions we attended. Read more >>