SERVICE INTRODUCTION
Valuation
Value can exist in various forms, whether as tangible or intangible assets of a business, an investment, or intellectual property. In today’s global economy, where opportunities exist at every level, it is crucial for companies to assess whether these opportunities or transactions enhance or detract from their value. This is why valuations are a critical component in the decision-making process for mergers and acquisitions, tax structuring, dispute resolutions, corporate restructuring, and accounting or financial reporting.
Valuation can be controversial and subjective, necessitating an independent and robust opinion that will withstand scrutiny. Additionally, changes in the global business environment in recent years have underscored the need for professional valuation expertise. Kreston possesses extensive experience and deep expertise in valuing different asset classes, including businesses, financial instruments and derivatives, intangible assets and intellectual property rights, plant and machinery, and real estate. Each valuation assignment is supported by a financial model that is complemented by our technical rigor and commercial acumen, built to meet the objectives of the assignment.
Typical situations where Kreston (VN) provides support
Mergers & Acquisitions
Kreston (VN) provides valuation support to clients engaged in merger and acquisition activities. Leveraging our industry knowledge held by our specialists, we consider both industry-specific and country-specific characteristics, as well as our clients’ strategic objectives for the transaction. Our specialist knowledge and understanding of our clients’ needs enable us to conduct valuations from a commercial perspective. We offer the following services:
- Fairness Opinions/Independent value analysis on target or investee companies
- Independent valuation of specific business units within a company (Carve-out valuations)
- Pricing and negotiation support
- Pre-deal Purchase Price Allocation
- Valuation of unquoted companies/financial instruments
Financial Reporting
Considerable changes in Financial Reporting Standards require specialist valuation services that understand both the specific accounting implications and the broader commercial context in which these valuations apply. For example, new reporting standards may necessitate the valuation of intangible assets and determine the amount of goodwill recorded in a company’s financial statements. This affects the financial results of companies, particularly those active in merger and acquisition activities, which may need to recognize large amounts of goodwill. We provide valuation support services to assist our clients in determining the value of intangible assets and deriving a fair value for financial assets and liabilities. Our services include:
- Purchase Price Allocation
- Asset/Goodwill impairment
- Intangible Asset valuation
- Valuation of financial assets and liabilities
- Valuation of share-based payments
- Independent adviser on related party transactions
Dispute, Arbitration, Litigation
In the event of a dispute, an independent valuation can help resolve issues swiftly. Kreston (VN) provides credible and defensible expert valuation opinions and reports to support our clients’ viewpoints and positions in disputes, arbitration, and litigation proceedings. We also offer expert witness and valuation for litigation support.
