View
221
Download
5
Category
Tags:
Preview:
DESCRIPTION
Established in 1932, Marshall & Stevens is a recognized leader in valuation, serving business owners, managers, boards and trusted advisors throughout the world. We assist our clients with planning, due diligence, negotiation and reporting issues related to their mergers, acquisitions, divestitures, restructurings, fi nancings, insurance placement and tax related transactions. Our in-house specialists provide a full complement of valuation-related services, from transaction advisory and opinion letters to the valuation of businesses and business assets, both tangible and intangible.
Citation preview
VALUATION FOR DECISION MAKING
“Our boutique-oriented approach to each engagement means that we recognize the signifi cance and uniqueness of every matter. Our senior level managers have hands-on responsibility for each of the engagements they oversee, which results in the kind of exceptional service and high quality product our clients have come to expect.”
- Mark SantarsieroCEO - Marshall & Stevens
MARSHALL & STEVENS
WITH EXPERIENCE COMES
A WEALTH
OF KNOWLEDGE
Established in 1932, Marshall & Stevens is a recognized leader in valuation,
serving business owners, managers, boards and trusted advisors throughout the
world. We assist our clients with planning, due diligence, negotiation and reporting
issues related to their mergers, acquisitions, divestitures, restructurings, fi nancings,
insurance placement and tax related transactions. Our in-house specialists provide
a full complement of valuation-related services, from transaction advisory and
opinion letters to the valuation of businesses and business assets, both tangible and
intangible.
The scope of our practice is uniquely diverse, allowing us to take on virtually any valuation project.
We offer the quality of a big fi rm but the personalized attention of a small fi rm.
Because we are an independent valuation fi rm, we are not distracted by other business interests.
MULTI-DISCIPLINARY APPROACH
“It has been my experience that Marshall & Stevens has a thorough understanding of purchase price allocations, for real estate as well as corporate acquisitions. I have great confi dence in their skills and know that my clients will be treated well by the Marshall & Stevens professionals.”
- Gale B. Moore, CPAPartner - Singer Lewak
MARSHALL & STEVENS
VALUATION & FINANCIAL ADVISORY
Marshall & Stevens valuation consulting practice provides independent credible
valuation and fi nancial advisory services by an experienced, professional staff. From
engagements concerning compliance with reporting requirements to accurate options
pricing critical to federal tax issues, Marshall & Stevens helps to eliminate uncertainty
and map the avenues to your strategic fi nancial objective.
We shed light on business opportunities, uncover solutions to business challenges,
and provide support for business strategies.
Business Enterprise Valuations
Purchase Price Allocations
Fair Value Analysis
Goodwill & Intangible Asset Impairment
Long-Lived Asset Impairment
Contingent Assets & Liabilities
Intangible Assets & Intellectual Property
Employee Stock Ownership Plans (ESOP)
Stock Option and Warrants
“Cheap Stock” Valuations
Fairness & Solvency Opinions
QUALITY VALUATION
2009 Accomplishments
Valuation of 500+ properties for a west coast based not-for-profi t organization including 250+ land and improvements for fi nancial reporting purposes and 100+ properties for fi nancing and buy/sell consideration.
Property tax appeal for a large entertainment company consisting of 6 properties located in 6 different counties.
MARSHALL & STEVENS
TAX VALUATION
Marshall & Stevens has signifi cant experience helping organizations successfully
navigate the increasingly complex world of tax planning strategies. We mitigate
the risk of audit by consistently offering valuations that are thorough, well-reasoned
and empirically supported. We do not rely on just one proprietary valuation model,
but typically apply several different methodologies. This approach, together with a
well-documented record of positions taken and assumptions made, provides a solid
foundation for valuations.
LITIGATION SUPPORT
The ability to explain and simplify complex business and valuation issues to a court
or jury can make all the difference in litigations. Our management team includes
valuation professionals and lawyers specifi cally experienced in regulatory matters
and large case administration. We provide comprehensive and specialized litigation
consulting on matters across the valuation spectrum, including IRS investigations,
commercial damages and intellectual property infringements.
Estate Tax and Wealth Transfer
Tax Restructuring
Property Tax Consulting
Non-Compete Agreements
Partial Interest (“Discount”) Studies
Supchapter C to S Conversions
Expert Testimony
Commercial Litigation
Solvency Testimony
Damage Calculations
Trademark & Copyright Infringements
Marital Dissolutions
QUALITY DECISION MAKING
2009 Accomplishments
Property valuations for over 1000 bank branches and offi ces representing more than 6.6 million square feet throughout the United States.
Insurance appraisal of over 1000 buildings and structures for 70+ suburban municipalities in a major metropolitan city.
MARSHALL & STEVENS
REAL ESTATE VALUATION
Marshall & Stevens recognizes how valuable your company’s real estate and capital
assets are to your operations. Through our extensive valuation and consulting
experience, we have developed a thorough understanding of the interplay among
asset valuation, tax implications and marketplace issues. With multiple offi ces
throughout the United States, Marshall & Stevens has the fl exibility and perspective
that enable us to assemble multi-disciplinary teams to satisfy client needs on
domestic and cross-border assignments.
MACHINERY & EQUIPMENT VALUATION
We are uniquely prepared to provide a wide range of options that help clients
implement an asset management strategy company-wide, including establishing
a reliable baseline; identifying non-existent, obsolete or under-utilized assets;
and, where necessary, arranging for rapid disposition of assets. Our thorough
understanding of capital assets ranges from the intricacies of specifi c machinery and
equipment to the subtleties of fully integrated manufacturing operations.
Real Property Valuations
Property Tax Consulting
CMBS Advisory
Insurance Placement and Loss
Commercial Real Estate Loan Evaluation
Purchase Price Allocation
Impairment Testing
Machinery & Equipment Valuation
Ghost Assets Remediation
Collateral Lending including
Structured Finance
Insurance Placement & Loss
INDEPENDENCE & INTEGRITY
“As a director of a public company charged with completing a unique and tough merger, I needed a fi rm that could provide a quality fairness opinion in a very timely manner. Upon interviewing Marshall & Stevens, I immediately recognized the fi t based on their experience, commitment and responses. The fi rms has great professionals and delivered as promised.”
-Former Director of Sport Supply Group, Inc.
MARSHALL & STEVENS
CORPORATE FINANCE ADVISORY
Marshall & Stevens serves a diverse client base that includes corporations, fi nancial
institutions, fi nancial sponsors, hedge funds, and venture capitalists. Whether
it’s raising capital to meet growth objectives or identifying strategic acquisition
opportunities, Marshall & Stevens offers our clients merger & acquisition advisory,
capital markets, and other corporate fi nance services. Our extensive network of
institutional and strategic relationships provide a unique resource and knowledge
base for our clients
RESTRUCTURING ADVISORY
The preparation for and administration during the restructuring process is crucial
for an effective result. In situations that are often complex and urgent, Marshall &
Stevens understands that every company requires a different strategy. Whether
assisting with debt restructurings, bankruptcy fi lings, fraudulent transfers, solvency
opinions, or other facets of the restructuring process, Marshall & Stevens has the
resources and expertise to help your company move forward and get back on track.
Fairness Opinions
Merger & Acquisitions - Due Diligence,
Negotiation, Reporting, Opinions
Buy/Sell Side Transactions
Going Private Transactions
Asset Carve-Outs
Private Investment in Public Equities
Special Situation Financing
Solvency Opinions
Fraudulent Transfer & Preferences
Fair Value Analysis
Adequate Protection
Equity Cushion Analysis
Use of Cash Collateral Valuations
Motions for Relief from Stay
Fresh Start Accounting
VALUATION FOR DECISION MAKING
MARSHALL & STEVENS
2009 Accomplishments
Multi-disciplinary pre-bankruptcy litigation support including real estate, enterprise, intangible asset, executory contract, and lease valuations for an $8 billion real estate development.
Performed 120 separate real estate engagements, both domestically and internationally.
Impairment report of a division within a $50billion electronics company.
MISSION STATEMENT
We do not waver on our promise to be timely in our work, communicate openly with
our clients, and present well-written reports. Marshall & Stevens professionals add
value by using a problem solving approach that recognizes that valuation is part of
a broader decision making process, which in turn, requires an appreciation of the
context in which advice is sought and an ability to foresee client needs and issues.
Valuation & Financial Advisory
Tax Valuation
Real Estate Valuation
Machinery & Equipment Valuation
Corporate Finance
Restructuring Advisory Services
Litigation Support
Fairness & Solvency Opinions
SPEED & FLEXIBILITY
“It is not often that my ‘experts’ are as ‘expert’ as you are. Your assistance in [my] matter has been exemplary. Thank you for your fi ne work and I look forward to continuing to work with you on [my] matter as well as other substantial matters in the future.”
- Jeffrey W. Broker, Esq.Broker & Associates
MARSHALL & STEVENS
AEROSPACE & DEFENSEAGRICULTUREAPPARELAUTOMOTIVECASINO & GAMINGCHEMICALCONSTRUCTIONEDUCATIONELECTRONICSENERGYENTERTAINMENTFINANCIALFOOD & BEVERAGEFURNITURE & FIXTURESGOVERNMENTHEALTHCAREHEALTH ADMINISTRATIONHOSPITALITYINSURANCEMACHINERYMANUFACTURING
MARKETINGMEDICALMETALLURGYMINING, OIL, & GASPHARMACEUTICALPLASTICS, RUBBER, & GLASSPRINTINGPRIVATE EQUITYRAILREAL ESTATERETAILSEMICONDUCTORSOFTWARESTONE & CONCRETETECHNOLOGYTELECOMMUNICATIONSTRANSPORTATIONUTILITIES
FULL RANGE OF INDUSTRY EXPERTISE
Marshall & Stevens not only accurately identifi es the value of the company, asset, or transaction in question, we value each client and assignment.
For more information or to speak to a valuation consultant, please visit our website or call 800.950.9588
www.marshall-stevens.com
New York212.425.4300
212.344.9731 FAX
Philadelphia215.561.5600
215.557.7280 FAX
St. Louis314.621.7025
314.436.2244 FAX
Tampa813.962.7888
813.963.2251 FAX
Los Angeles213.612.8000
213.612.8010 FAX
Chicago312.223.8477
312.346.2107 FAX
Recommended