Valuations

We provide valuation advice across transactions, tax, accounting and fund governance matters. Our team of five valuation specialists advises corporations, investment managers and private clients on valuation policy and the valuation of illiquid equity and debt interests, intangible assets, and businesses. Working closely with legal and tax advisers from across the firm to support clear, defensible decisions.

We tailor our advice to clients’ financial reporting and tax requirements. Drawing on expertise from Big Four accounting and international valuation consulting firms, our specialists combine technical excellence and a pragmatic, common sense approach. We can provide valuations at a specific point in time, explain movements in value, and advise on how valuation approaches differ depending on purpose, jurisdiction and regulatory context.

Our valuation services include:

• valuation of management incentive plans and carried interest;
• post-completion matters, including purchase price allocations (PPAs) and legal entity valuations for business combinations or restructurings;
• valuation of investments in equity, debt, investments in associates, warrants, and hybrid instruments;
• intellectual property and intangible asset valuations;
• goodwill impairment testing;
• benchmarking of (preferred) returns, discount rates and valuation multiples;
• review or implementation of valuation policy in accordance with industry best practice (FCA, IPEV, UK AICPA);
• valuation and review of complex or contentious portfolio companies and assets to set net asset value;
• valuation for inheritance tax purposes;
• review of valuations prepared by other parties; and
• valuation support in the context of disputes whether commercial or with HMRC.