Nov 6, 2023 | Blog, Exit Planning
At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can not survive without the continued involvement of a key owner-employee. And a few business concepts —...
Nov 3, 2023 | Blog, The Valuation Report
It is not uncommon for private company M&A deals to include an earnout. This is a risk-allocation mechanism whereby a portion of the purchase price is deferred and is based on the performance of the acquired business over a specified period. The purchase agreement...
Nov 3, 2023 | Blog, The Valuation Report
In a recent case, the Tax Court upheld the idea that receipt of a partnership’s “profits interest” is a non-taxable event as detailed in Revenue Procedure 93-27. This case provides guidance on the treatment of the receipt of a profits interest. A “profits interest”...
Nov 3, 2023 | Blog, The Valuation Report
The value of global merger and acquisition (M&A) deals was lower in the second quarter of this year even as the number of announced or completed deals flirted with near-record highs, according to the PitchBook Global M&A Report for the second quarter of...
