Comprehensive Valuation in the Insurance Brokerage Industry
Valuation of a privately held insurance brokerage at two valuation dates for the purpose of determining a spouse’s net family property and equalization payment owing.
We were engaged to prepare a comprehensive valuation report to value a private insurance brokerage as at two valuation dates This mandate involved consideration of multiple valuation issues, including:
- Significant changes experienced by the business between the valuation dates, including multiple acquisitions completed shortly prior to the second valuation date.
- A transaction subsequent to both valuation dates involving the business, and reconciliation of the value implied by the subsequent transaction to the value determined at each of our valuation dates.
- Consideration of minority discounts in a closely held corporation.
- Allocation of value to vested and unvested stock options.
The matter is ongoing.