In Private Debt Investor: The EBITDA addback is one of the most worrying aspects of loan documentation. Market professionals detail how prevalent and potentially damaging it has become.
“Contingent consideration can raise thorny accounting, valuation, and legal issues, but it’s too useful to take off the table.”
Business Valuation Update writes: “During a recent media briefing by senior members of VRC, an impressive note was struck when they talked about their involvement in the profession.”
It is imperative that each stakeholder group understands the impact of the business combination on the company’s earnings at all stages of the deal.
Financial reporting in Japan is mostly based on Japanese Generally Accepted Accounting Principles (JGAAP) and International Financial Reporting Standards (IFRS).
As seen in the Jan. 2019 issue of Mergers & Acquisitions magazine, Jeff Miller discusses potential expected trends for PE firms in 2019.
A robust economic environment creates optimum valuation opportunities, but even a downturn creates demand for business valuers.
Mellen notes, “Considering the current level of M&A activity, I’ve seen a marked increase in demand for valuations of shares of privately held companies…”
Credit, especially senior credit, stands out from its peers in what many allocators consider a late stage in the economic cycle.
When dealing with luxury brands, face value and market value matter.