Business Valuation & Assessment

A rigorous valuation enables the business to approach the market on a solid footing. It supports the seller’s financial expectations, strengthens the  credibility of the project with third parties and helps accelerate the receipt of initial expressions of interest.

Carrying out a valuation or a transferability assessment enables you to take a proactive approach to managing the company’s performance. Our partners identify priority areas for improvement in order to maximise the company’s value over the medium term.

A well-supported valuation provides a solid basis for defending a proposed price and transaction structure when dealing with experienced buyers, whether strategic acquirers or investment funds. It helps reduce information asymmetries and avoid imbalanced negotiations during the due diligence phase.

Fondaris carries out its valuations free from any conflict of interest. Our conclusions are grounded in tangible economic realities and recognised methodologies, resulting in a report that stands up to scrutiny from third parties including banks, auditors, public authorities and counterparties.

We have expertise across the full range of financial analysis including EBITDA multiples, DCF, revalued net assets and listed-company comparables. We also analyse comparable transactions completed within the same sector in order to apply the most relevant valuation multiples. This multi-criteria approach provides a 360-degree view of the growth potential and specific characteristics of each SME.  

Every gross valuation must be assessed in light of the relevant tax implications. Without seeking to replace specialist advisers, such as tax lawyers or chartered accountants, our role is to take into account the shareholder-level tax considerations associated with the transaction, including the tax treatment of capital gains on shares, holding company structures, parent-subsidiary arrangements and share contribution and subsequent sale structures. This holistic approach helps maximise the net efficiency of the transaction, in close coordination with your advisers and within a compliant and secure framework.

Our reports are not merely theoretical studies. From the outset, they are designed as practical decision-making and negotiation tools for real business sale, acquisition or capital reorganisation processes.