Core Engagement

Business valuation services

Independent valuation analysis prepared to the standard expected in a transaction process — a defensible range, a working model and an assumption trail that survives review by a counterparty, an investment committee or an auditor.

When it is used

  • Sale and acquisition processes

    Valuation ranges supporting bid preparation, negotiation and board discussion on buy-side or sell-side mandates.

  • Fundraising and investor materials

    Pre-money and post-money analysis, dilution mechanics and valuation support for equity raises.

  • Fairness and internal review

    Independent cross-checks where an existing valuation needs to be tested before it is relied upon.

  • Shareholder and restructuring events

    Buy-outs, share transfers, ESOP exercises and reorganisations requiring a documented valuation basis.

Methods applied

Each engagement triangulates across methods rather than defending a single number, and differences between methods are explained rather than averaged away.

  • Discounted cash flow

    Explicit forecast period, normalised free cash flow, WACC build-up and terminal value tested across scenarios.

  • Trading comparables

    Screened peer set, calendarised and adjusted multiples, and a reasoned view on where the subject sits within the range.

  • Precedent transactions

    Comparable deals with disclosed consideration, adjusted for control premia, synergies and market conditions.

  • Enterprise-to-equity bridge

    Net debt, debt-like items, surplus assets and minority interests reconciled to an equity value conclusion.

What is delivered

  • Valuation model

    Fully linked Excel model with visible drivers, live sensitivities and no hardcoded outputs.

  • Football field summary

    Method-by-method range with the assumptions driving each end of the range.

  • Assumption log

    Every judgemental input recorded with source and rationale so the conclusion is reviewable.

  • Presentation-ready output

    Exhibits formatted for inclusion in an information memorandum, board pack or investment committee paper.

Engagement process

Typical turnaround is two to three weeks from receipt of a complete information set, with interim output shared as the analysis develops.

01

Scoping call

Purpose of the valuation, the standard of value required, timing and the audience for the output.

02

Information review

Historical financials, forecast, capital structure, contracts and any prior valuation work.

03

Analysis and build

Model construction, peer and transaction screening, and cross-method reconciliation.

04

Review and delivery

Walkthrough of the range, sensitivity discussion and hand-over of the working model.

Discuss an Engagement

If you require support with financial modelling, business valuation or financial due diligence for a live transaction or strategic engagement, we'd be pleased to discuss your requirements.

Discuss an Engagement