Who searches for “business valuation” the most?
Here’s a weird fact: Doug Twitchell and Nathan Struk at BVR did an analysis of the people who searched for “business valuation” on Google for all years (2004 to present). The city with the most searches? Mumbai! (Portland, OR, was second–perhaps BVR staff trying to find themselves, or Shannon Pratt trying to track the growth [...]
Free resource accounts for portfolio diversification factor in total cost of equity (TCOE) analyses
Earlier today BVR updated FAQ 46i on the Butler-Pinkerton Calculator’s FAQ page which addresses concerns that the BPC metrics stem from an undiversified portfolio perspective. This FAQ includes a link to a spreadsheet that helps to account for the average diversification of a hypothetical buyer pool. The spreadsheet has been updated, simplified and posted online.
Espen Robak’s Pluris expands to Palo Alto
Ori Bash will serve as Vice President of Pluris’ new Palo Alto office. “Given today’s tax environment, the timing is ideal to join this rapidly-expanding practice and help facilitate the continued growth of Pluris on the West Coast,” he said. Pluris has developed a DLOM database that’s available through ValuSource.
AICPA rates valuation and damages calculation skills as most essential for forensic accounting engagements
The AICPA’s Forensic and Valuation Services Center just released “Characteristics and Skills of the Forensic Accountant,” a report commissioned to determine the essential traits and core skills forensic accountants should possess to be effective investigators. Based on a survey of attorneys, academics and CPAs, the report results indicate economic damages calculations and valuation were two [...]
Morningstar enters valuation services market
Morningstar, Inc. just announced the launch of Morningstar Valuation Services to provide valuation of businesses, specific securities, and intangibles. They hope to leverage Morningstar’s proprietary techniques for analyzing securities and the cost of capital expertise of Ibbotson Associates. According to yesterday’s press release, “valuation consulting is a natural extension of the cost of capital research [...]
Business valuation research grants available now from KPMG’S Global Valuation Institute
KPMG’s Global Valuation Institute (GVI) has issued a call for research proposals “to bridge academic research with practice excellence by funding relevant research on current valuation matters affecting companies, investors and regulators.” Individuals, groups or organizations that meet the research criteria can receive funding up to $5,000. Research topics include: Valuations for Regulatory Purposes (e.g., [...]
Can buy-sell agreements bind the non-signing spouse?
In a case of first impression, the Texas Court of Appeals considered a buy-sell agreement that purported to bind shareholders and their spouses in the event of divorce. As a further complication, the husband had signed an employment agreement with the private medical association—but neither he nor his wife had signed the shareholders’ agreement. This [...]
Have the last six months changed the business valuation profession?
So much has been written about the general economy, and thanks to the new appraiser survey conducted by Robert Slee and John Paglia, as part of the Pepperdine Private Capital Markets Project, BVWire is happy to offer the following snapshot of some key factors. Compared to six months ago, Slee and Paglia find that the [...]
What equity risk and size premia are you now using?
Here’s some current benchmark data from John Paglia and Robert Slee. As part of their current Pepperdine Private Capital Markets Project survey, they also asked appraisers what equity risk premia, size premia, company specific risk factors, and risk-free rates they are now using. Again, after all the commentary on how to handle recent volatility (much of it [...]
May is a good month to join the experts in New York City
What do Robert Cimasi, Jim Hitchner, Espan Robak, Peter Mahler, the Hon. Ira Warshawsky and the Hon. Jacqueline Silbermann have in common? They are all presenting at the FAE/BVR Business Valuation Conference on May 17th in New York City. Hear these experts speak on business valuation and litigation support topics and earn 8 hours CPE. [...]
Share your thoughts...