Valuations

Understanding the value of business decisions

Whether you are considering an acquisition, the disposal of an asset, financing a project or contesting a piece of litigation, the potential financial impact plays a major role the decision-making process making it critical to have a full understanding of the value involved.

However, valuation is an inherently challenging area, requiring specialist skills and experience. Our global team of valuation experts are well versed in guiding clients through the valuation process and providing objective, thorough and technically sound advice on a broad range of situations, including:

Valuations in the context on an acquisition or restructuring exercise
Valuations to support financing or fundraising decisions
Valuations for financial reporting requirements
Valuations for tax or legal requirements
Valuations in the context of disputes, including contentious valuations

We recognise that all our clients are different, therefore for each assignment we assess the key value drivers, the context for the valuation and consider an array of valuation methodologies.

We take a collaborative and systematic approach to valuations. We mobilise teams with the required technical, sectorial and geographic expertise needed to ensure that all relevant factors are considered, whatever the situation.

Our valuation services are objective and independent to ensure reliability for you and any third parties that may be considering the results of the exercise.

Our dedicated valuation teams provide expert opinions on a wide range of valuation scenarios, such as:

Allocation of an acquisition price and calculation of goodwill
Impairment testing
Transactional valuations for M&A and fundraising
Compensation of minority interests due to squeeze-outs
Fairness opinions
Restructuring of company assets
Intangible asset valuation
Financial model valuation
Disagreements around contractual terms
Shareholder entry and exits
Issues due to succession

Our tools & solutions

Thanks to years of experience in providing valuation services, we have access to a significant database of proprietary data to support our work on valuation assignments.

In addition, we subscribe to a number of external databases to obtain valuation data, including Capital IQ, with whom we have a global agreement to ensure a consistent approach across the globe, as well as Bloomberg.

We are also a proud sponsor and member firm of the International Valuations Standard Council ensuring that we are at the cutting edge of global developments in the valuations space.

Our people

We have valuation experts in 38 countries across all 5 continents, meaning that we can provide you with valuation support wherever your business takes you.

Get in touch

If you would like to contact the Financial Advisory team, please contact us or use the link below to submit Request For Proposal documents

Submit an RFP

Our recent credentials

Commercial valuation

Annual valuations for a leading unicorn digital-only challenger bank, to assist management in making strategic decisions in relation to further capital raisings as well as for financial reporting and tax purposes.

Restructuring valuation

Independent valuation of a large UK and US-based high street retailer with revenues of c. £240m in the context of Covid-19.

Restructuring valuation

The valuation assisted the ad-hoc group of lenders in determining the value break for restructuring purposes. The restructure resulted in a debt-for-equity swap with bank lenders whereby debt funds took control of the business and new external financing was secured.

Debt valuations

We perform monthly valuations of RM Capital in addition to producing valuations reports on loans issued to customers. We have been engaged with the Fund since 2016.

Tax valuation

We were engaged by a research and development company that was going through a capital raising process to assist with structuring the potential management incentivisation program.

Financial reporting

Equals Group Plc is an AIM-listed business and a leading challenger in the financial services sector, operating within Currency Cards, International Payments, Travel Cash and Banking segments. Equals Group has completed several acquisitions, including CardOne Banking and City Forex. In addition, to purchase price allocations, we also assist Equals with the annual impairment reviews and other accounting...

Contentious valuation

Mazars in the United Kingdom has been appointed by Pension Fund Trustees to assist in a litigation case by commenting on the historical solvency, prospects, and value of a large UK manufacturer of beds and mattresses.

Infrastructure valuation

The Thames Tideway Tunnel is a new part of the sewerage network in London which will carry sewage and stormwater discharges from the broader London sewerage system. Mazars was involved in a number of roles in this transaction including an ongoing role to value a stake in the project for one of the shareholders, signing off the financial model and building an operational model monitoring debt compliance.

Management equity plans in PE owned companies

Changes in HMRC’s approach and rises in interest rates have made the tax valuation of management equity plans more complex. For example, a common misconception is that if management pay the same price per share as the private equity investor this will always equate to market value and no tax charge arises.