Valuation

Financial, Fair Market and Fairness Valuations

Determining fair market value requires an uncommon combination of accounting, finance and securities skills, and experience. There also is need to understand the economics of a wide variety of industries and markets. Other valuation requirements include comprehensive and in-depth research and documentation as well as incisive, well-reasoned, and supportive business and securities markets judgments. Bluestone has demonstrated capabilities with each such requirement.

Our financial analysis and market judgments that underpin valuation determinations are provided in numerous applications including:

Fair Market Valuation of Common Stock, Preferred Stock, Debt Securities, Options, Warrants, and Projected Streams of Cash Flows
Fair Market Value and Fairness Opinions in Mergers, Acquisitions, Divestitures and Spinoffs
Tax and Estate Planning
Fair Market Value of Intellectual Property, Including Patents, Copyrights, Trademarks, Software, and Algorithms
Going-Private Buyouts
Restructuring of Insolvent Companies (In and Out of Court)
Employee Stock Ownership Plans (ESOPs)
Goodwill Impairment Analysis
Marketability and Restrictive Stock Discounts
Business and Strategic Plan Development
Lender Liability Litigation
Lost Business and Business Interruption Claims
Damage Assessment and Measurement
Closed Corporation, Partnership, and Family Disputes (Divorce)
Solvency Analysis and Opinions
Plan of Reorganization Feasibility
Eminent Domain Claims
Executive Compensation Design and Fairness
Breach of Franchise Rights
Litigation Support

Fairness Opinions
Transactions involving exchanges, acquisitions, divestitures, and reorganizations often require expert opinions, typically rendered by investment bankers, as to the fairness of the terms of the transaction from a financial point of view. Bluestone has provided fairness opinions to Boards of Directors, special committees, shareholders, trustees, and courts of law. In its due diligence, the Firm reviews the same information required in performing a valuation analysis. In addition, in rendering its opinion, Bluestone analyzes the valuation and structure of the transaction, the form and timing of consideration, and the financial, legal, accounting, and tax implications.

We have completed numerous complex valuation assignments for major public and private corporations, operating and investment companies, partnerships, joint ventures, and proprietorships.