Mergers and acquisitions can be done in a friendly environment or as hostile bids but, either way, they require expert business valuators who work in real time. An accurate valuation is one of the most important elements on the table because it has a major impact on the sale price. We have the necessary bench strength to rise to real time challenges. We appreciate the clock is ticking when mounting a bid or providing a response, and we have the experience and expertise to do the work quickly, get it right, and let the deal run its course.
CHS was retained by a publicly traded company that operates in the renewable energy field to put a value on a long-term management services agreement it wanted to buy out. The valuation required a solid grasp of the underlying business as well as a detailed understanding of the various formulas and operations to which management services fees applied. Our work helped the company determine a buy-out figure and reach an agreement quickly.
The purchaser of a mining company called on us to value a mining-services business in connection with a call option. The seller had also submitted a separate expert’s report as required under the call-option agreement. A third valuation was sought to help adjudicate the dispute. It was very close to our valuation conclusion, and was used as the basis of the transaction price.
When an investor decided to exercise a trigger in its shareholders’ agreement to acquire an equity stake in a company that owned several seniors residences and long-term care facilities, we were hired to perform the valuation. We worked closely with a real estate appraiser who valued the underlying properties, while we valued the related business and shares.
A company that operates a fur-auction house in Canada retained us to provide business valuation advisory services in connection with its proposed acquisition of a European fur agency. We were closely involved in the acquisition discussions and our valuation model formed the basis of the price negotiations.