“We’re seeing some companies that were previously owned by a private equity firm four or five years ago being re-acquired by that same PE firm. So it’s really a strong market, strong valuation, in many ways a seller’s market.”
Strategies from an industry pro to avoid common intangible asset valuation issues
On this episode, Kison talks with PJ Patel, Co-CEO and Senior Managing Director at Valuation Research Corporation (VRC). VRC is a full-service, independent, global valuation firm that focuses exclusively on valuations that offer judgment beyond modeling. Kison and PJ discuss how to navigate intangible asset valuation in today’s market, how the current M&A climate is affecting valuation, and how to avoid the most common mistakes when conducting a valuation.
PJ is a valuation professional with a focus on the valuation of assets, liabilities, and businesses for financial reporting, tax, and other corporate purposes. He leads VRC’s financial reporting practice and is a frequent presenter on valuation issues. He recently spoke at the Financial Accounting Standards Board (FASB) roundtable to discuss how goodwill is valued and is often quoted in the press regarding valuation issues.
“In today’s environment where companies are more intangible asset-based rather than tangible asset-based, there’s probably an evolution that needs to happen in terms of how you value inventory.”