Insights & Publications

Why is it important to understand control, rights, and economic reality?

A minority interest is not automatically worth its arithmetical share of a companyʼs value. Its...

Why understanding the question before the numbers is important?

In a shareholder dispute, the valuation question is rarely simply, “What is the company worth?”...

Why can timing change the answer?

In valuation disputes, the valuation date is not a technical detail added at the end...

Why the standards matter?

In valuation disputes, the difference between fair value and fair market value is not merely...

Understanding Sustainable EBITD

Reported EBITDA is a starting point, not a conclusion. In a transaction, buyers need to...

Turning Deal Value into Realised Value

A transaction does not create value at signing; it creates the opportunity to create value....

How various terms shape investment returns?

An investment is not defined by its entry valuation alone. Payment timing, purchase price adjustments,...

Does a transaction’s headline price tell the full economic story?

A transactionʼs headline price rarely tells the full economic story. Deferred payments, earn-outs, debt assumed,...

Why the multiple is just a starting point?

A valuation multiple can be a useful reference point, but it is not a valuation...