M&A News

Early stage investors can ignore liquidity when valuing target firms

Venture investments are not liquid…and they may be getting less so, writes Jeff Carter in this morning’s Oxtones Investment Club blog. …early stage investors should realize is there is no exit for at least 5-10 years.  Even if you invest at a $3M post money valuation, if the company gets financing at a $20M valuation you won’t be able to…

New Publication: Exit Insight: Getting to “Sold!”

Joseph M. Maas, CFA, CVA, ABAR, CM&AA, CFP®, ChFC, CLU®, MSFS, CCIM, a Principal and Investment Advisor with Seattle-based Synergy Financial Management, LLC, has published his first book, Exit Insight: Getting to “Sold!”  Active for over 23 years in the financial services and investment industries, Maas developed a tool to help business owners improve their…

How many active venture capital firms are there? 548.

The National Venture Capital Association 2014 Yearbook shows how small the venture capital market is–and how few players there are.   That’s partially because “the activity level of the U.S. venture capital industry is roughly half of what it was at the 2000-era peak.” In 2013, NCVA found 548 active venture capital firms, which invested…

Advanced training for financial analysts from Business Valuation Resources

Here’s a sampling of some of the best training opportunities coming up this spring and summer. Valuing Voting v. Non-Voting Stock Date: Thursday, May 22, 2014 Time: 10:00am-11:40am PT / 1:00pm-2:40pm ET Featuring: Ronald Rudich The valuation of voting and non-voting shares would, like many valuation assignments, appear to be a simple consideration between two variations of the…

Valuation Products

Gary Trugman’s “Understanding Business Valuation”

Understanding Business Valuation: A Practical Guide to Valuing Small- to Medium-Sized Businesses, 4th edition Written by Gary Trugman, Understanding Business Valuation: A Practical Guide to Valuing Small-to Medium-Sized Businesses simplifies a technical and complex area of practice with real-world experience and examples. Trugman’s informal, easy-to-read style covers all the bases in the various valuation approaches, methods, and…

PitchBook/BVR Guideline Public Company Comps Tool

Comparing the value of your company to public company comparables has never been easier–or less expensive. Get financial statements, financial ratios, and valuation multiples for specific public companies on demand—Let’s say your client gives you a list of three public companies in their industry. Enter the name or ticker symbols of the companies and the PitchBook/BVR…

BizMiner Suite Industry Research

The BizMiner Suite is sourced from an array of the nation’s government and private statistical sources, making it more robust that the traditional sources that rely only on banking information or IRS data.   BizMiner offers multiple formats to meet your acquisition target or competitive intelligence research needs–including market share analysis tools not available anywhere else. BizMiner…

2014 Factset Mergerstat Review

Now available!  The 2014 Factset Mergerstat Review, available exclusively through BVR, is the must-have source for the most important deals in each industry segment.   It guarantees you haven’t missed an important transaction during your due diligence–and it lets you compare valuation multiples.   Purchase includes hard cover copy or PDF of current edition and monthly…

BIZCOMPS

BIZCOMPS®  is the most trusted source for small company comparables.   BIZCOMPS contains over 12,500 deals with basic financial statement information and sale price–that provide details on purchases of “Main Street” businesses dating back to 2000. Start searching now