Questions to Ask Before Hiring an Accounting or Advisory Firm

Before engaging an accounting or advisory firm for a valuation assignment, business owners should ask a focused set of questions that tests scope, experience, staffing, methodology, fees, and independence. In a privately held company appraisal, those questions are not administrative details, they directly affect fair market value, defensibility under IRS Revenue Ruling 59-60, and the […]

Best Business Valuation Firms for Small and Mid-Sized Companies: How to Compare

For owners comparing business valuation firms, the goal is not to find the highest-ranking name on a list, but to identify a provider that can deliver a defensible valuation opinion grounded in accepted methods, current market evidence, and the specific facts of your company. In the United States, that means evaluating credentials, valuation methodology, industry […]

Amortization of Intangible Assets: Which Assets Amortize and Which Don’t

Intangible assets often represent a meaningful share of value in privately held businesses, but not all intangibles are treated the same in a valuation. Some are amortized over a determinable useful life, while others are not amortized and instead are assessed for impairment or reflected through ongoing profitability and market assumptions. For business owners, buyers, […]

What Is Goodwill? How It’s Created, Measured, and Tested for Impairment

Goodwill is the portion of a business’s value that cannot be tied to identifiable tangible or separately recognized intangible assets, and it often represents the premium a buyer is willing to pay for expected future earnings, customer relationships, brand strength, and other synergies. For privately held businesses, goodwill matters because it frequently becomes the largest […]

Financial Services M&A: How Banks, RIAs, and Fintechs Are Valued in Deals

In financial services mergers and acquisitions, valuation is rarely a single, universal multiple. Banks are often judged through the lens of book value, tangible book value, earnings power, and regulatory capital. Registered investment advisors are typically priced off recurring revenue and assets under management, with cash flow quality and client retention carrying significant weight. Fintechs […]

Building Products M&A: Consolidation and Valuation Drivers

Building products businesses often look straightforward from the outside, but their valuation can change quickly depending on distribution scale, housing cycle exposure, and the quality of their pro-channel customer mix. In mergers and acquisitions, these factors shape not only earnings power, but also perceived durability, working capital needs, and risk-adjusted cash flow, which directly influence […]

Medtech and Medical Device M&A: Valuation Considerations

Medical technology and medical device mergers and acquisitions often command premium pricing, but those premiums are not driven by headlines alone. In valuation terms, the real question is how regulatory milestones, reimbursement risk, product pipeline quality, and commercialization visibility affect future cash flow, discount rates, and the appropriate market multiple. For privately held medtech businesses, […]