financial advisory services valuation services

Transcription

1 financial advisory services valuation services

2 the alixpartners difference Our ability to analyze, model, and craft rigorous valuation opinions, as well as successfully defend them, is why we produce positive results for our clients when it really matters. Our professionals are experts in determining the value of an entire business, as well as its component assets and liabilities. The areas in which AlixPartners has significant expertise in providing valuation services include: Mergers, Acquisitions and Divestitures Litigation Consulting and Expert Testimony Bankruptcy and Workout Fresh Start Accounting Financial Reporting Tax Reporting, Planning and Support ESOPs and Stock Options Intellectual Property Valuation and Licensing

3 valuation services AlixPartners offers valuation services to public and private companies, law firms, and government and regulatory agencies. We excel in corporate finance consulting, with a special emphasis on business and securities valuation as well as the valuation of a diverse array of intangible assets. mergers, acquisitions and divestitures Using small teams of seasoned and creative professionals, we can help you fully understand the asset or company being examined and determine its value. We ve provided valuation and financial advisory services for buyers, sellers and interested third parties in a host of transactions spanning numerous industries and environments. AlixPartners routinely determines the enterprise and equity values for acquired or divested entities. We ve also assessed the value of securities provided as consideration for the deal. We can help you structure and negotiate the deal and support you throughout the entire deal process. DETERMINING VALUE IN AN M&A ENVIRONMENT AlixPartners assisted a Midwestern manufacturer in negotiating its potential sale to a public company. The company operated as an ESOP, thereby adding additional complexity to its structure and value determination in an M&A environment. Our role included assessing the value of the company under numerous scenarios, negotiating with the potential buyer, providing management and the board of directors with strategic and financial advice, assisting in determining the optimal structure and consideration of the deal and standing ready to support the transaction for regulatory purposes.

4 litigation consulting and expert testimony Questions of value are often a key issue in litigation. AlixPartners works with legal counsel and their clients to determine and defend the appropriate value in any situation. Our services involve reviewing, critiquing and analyzing economic, financial, and industry information and applying appropriate valuation methodologies to develop a defensible valuation. Additionally, AlixPartners assists counsel in analyzing opposing expert s valuation. We not only help craft an opinion we can defend it. AlixPartners creativity, timeliness and rigorous attention to detail have helped clients consistently achieve favorable resolutions to their disputes. Our professionals have successfully testified as experts in state, federal and international courts; in deposition and arbitration hearings; and have provided our expertise both before and after a decision is rendered. bankruptcy and workout Who better to value a distressed or bankrupt company, or its assets than the firm that others in the industry use as their benchmark? The AlixPartners name is synonymous with producing results and changing the outcome for troubled companies. Our extensive experience with the unique financial, legal and business aspects of a restructuring environment are critical elements of our ability to deliver timely and well-reasoned opinions. AlixPartners can assist you with your valuation needs in any bankruptcy and workout situation, whether it s determining collateral value or determining a company s worth in the context of a plan of reorganization, or for fresh start accounting, or to support other tactical and strategic decision-making purposes. EXPERT TESTIMONY FOR A SHAREHOLDER DISPUTE AlixPartners was retained on behalf of the respondent to determine the value of a Latin American wireless telecom company in connection with a shareholder dispute in a major international arbitration. We analyzed the value of the company at several points in time and issued an expert report. Given the state of the wireless industry and the volatile nature of the subject country, AlixPartners performed a substantial amount of economic and political research and analysis as part of our formation of a rigorous valuation opinion. PLAN OF REORGANIZATION VALUE - BANKRUPTCY STRATEGY AND NEGOTIATION On behalf of the board of directors, AlixPartners valuation team was engaged to provide a comprehensive, global analysis of a major automotive OEM in connection with the assessment of the sale of its assets under Section 363 of the U.S. bankruptcy code. In short order and working with OEM employees and the company s multiple advisors around the world, AlixPartners assessed the going concern value of core foreign operations, joint ventures and stakes in a myriad of other ancillary businesses and also determined the value, on a liquidation basis, of the company s North American business and other diverse assets. The board ultimately decided to pursue the sale and the new entity subsequently emerged from Chapter 11 with a supportable capital structure and improved operations.

5 AlixPartners tax valuation Valuations can have a significant impact on a company s tax position. AlixPartners professionals possess extensive experience providing tax valuation-related consulting services to assist clients in this important, complex and often changing arena. AlixPartners works with clients and their legal counsel during all stages of the tax cycle to determine and defend the appropriate value to present to the tax authorities. Our analyses have a clear logic and a high level of rigor and are designed to stand up to the highest level of scrutiny that may arise in negotiations or disputes with tax authorities. The areas in which AlixPartners has expertise include: Business and Legal Entity Valuations Estate and Gift Tax Valuations Purchase Price Allocations Transfer Pricing Intellectual Property Holding Companies Section 409A Valuations Tax Restructuring Valuations Valuation of Non-Compete Agreements Reorganization and Realignment of International Subsidiaries financial reporting In the post-sarbanes-oxley world, financial reporting requirements have become more complex and stringent and the need to have accurate and timely advice has increased in importance. GAAP has also moved towards a more fair value based standard which requires outside valuation advice for a host of assets and liabilities. AlixPartners works with companies, their advisors and their auditors to develop valuation conclusions that withstand scrutiny and provide a foundation for your financial reporting needs. ACQUISITION PURCHASE ACCOUNTING AlixPartners was retained by an international food conglomerate to value the intangible assets acquired in a multi-billion dollar purchase of a international food company for purchase accounting and tax purposes. Our analysis included valuing all categories of identifiable intangible assets, such as trademarks, in-process research and development, and customer relationships, as well as determining the goodwill resulting from the transaction. IRS NEGOTIATIONS AlixPartners was retained to assist a multi-national taxpayer in its negotiations with the Internal Revenue Service regarding the value of certain intangible assets transferred between U.S. and foreign subsidiaries. We provided a detailed valuation analysis and prepared a rebuttal report analyzing the IRS economist s position. AlixPartners met with representatives of the IRS to present our valuation analysis and our critique of the economist s position.

6 AlixPartners has been providing financial advisory services since the firm s inception in Our array of financial services includes litigation consulting, e-discovery, valuation services, intellectual property consulting, forensic and investigative accounting, and creditor and middle market advisory services. AlixPartners is not a certified public accounting firm. Enterprise Improvement Turnaround and Restructuring Financial Advisory Services Information Management Services