MERGERS AND ACQUISITIONS

Tucker & Meltzer specializes in valuations for M&A transactions. In the heat of the negotiations, buyers must not overpay for transactions and sellers do want to take less. With shifting terms and conditions, there arise material differences in valuations and valuation methodologies. Management cannot afford to overlook post-transaction accounting treatment of the acquisition, as purchase price allocations have big tax consequences and the potential for goodwill impairment may be high.

Our team offers fairness opinions on whether the consideration offered in a transaction is fair to the shareholders of the company from a financial point of view. Our fairness opinions are based on objective, independent analyses and sound valuation principles that consider the transaction from all points of view, whether it is consideration, deal structure, or tax consequences.

PRIVATE EQUITY FUNDS AND INVESTMENT FUNDS

Tucker & Meltzer provides independent valuations of private equity and investment fund assets in accordance with ASC 820 Fair Value Measurements and Disclosures (formerly SFAS 157). We assist fund managers with fair value determinations and confirmation that their alternative and illiquid investment values are consistent with reporting requirements. Our services provide an additional level of comfort to investors, auditors, audit committees and Directors. Typically, fund managers are seeking independent fair value estimates of Level 3 assets through our independent analysis of guidelines, comparable companies and income methods (capitalization or DCF) of appraisal.