Business Type

Valuation Issues

Propane/Hardware/Poultry

Unrelated business entities operating under a single corporate entity

Cigarette and Dry Goods Distributor

Multiple classes of voting and non-voting stock with various restrictions

Trucking Company

Entities operating in various states

Medical Centers

Merger of two centers in the same market area

Family Limited Partnerships

Real estate and securities, often with tiered level discounts

Farming Operations

High asset values, typically with low cash flows

Funeral Home/Cemetery

Large number of unrelated shareholders; strong dividend history

Urgent Care Facility

Valuation of lost goodwill due to relocation

Auto Repossession

Assisted management with the sale to a public company

High-tech Company

Valuation for incentive stock compensation plan

Hi-tech Telecommunication

Corporate restructuring

Beverage Product Manufacturing

Sale to Employee

Promissory Notes

Valuation of 40 million in promissory notes for estate tax purposes. Discount approximated at 65% due to interest rate, length of loans, and subordination clauses in the loan agreement

Personal Goodwill

The Firm was retained to determine the allocation of the purchase price resulting in substantial allocation to Personal Goodwill and avoidance of a double income tax