Business Valuation

Valuation of undivided interests in various pieces of undeveloped land, commercial buildings, and residential rental properties for estate tax reporting
Valuation of a music rights licensing company for charitable gifting
Valuation of holding company with eleven assisted living facilities for estate planning purposes
Valuation of real estate holding company with large commercial office building to assist with “estate freeze”
Valuation of multi-million dollar maritime company for marital dissolution purposes
Valuations of over 30 wineries for estate, gift tax, succession planning, divorce and merger and acquisition purposes
Reorganization of Family Business

Litigation Support

Valuation & litigation services for lawsuit re: loss in shareholder value for national retail chain
Litigation services to establish lost profits from accidental disruption of communication services to a national call center
Expert testimony and damage calculation to establish diminution in the value of a company resulting from a violation of employment agreements, stealing company property, and company customers
Litigation services to establish damages to winery with destroyed vintage due to regulatory noncompliance
Expert testimony and financial forensic analysis relating to retirement and assisted living facility investment partnerships
Litigation services to establish damages resulting from subsequent corporate IRS audit and income taxes after sale of corporate stock
Lost profits calculation due to herbicide overspray on agricultural land

Fair Value

Assisting other CPA firms with analysis of valuation reports used in purchase price allocations and impairment analysis
Goodwill and intangible asset impairment analysis
Long-lived asset impairment analysis
Valuation of derivatives and other hard-to-value assets

Case Studies

Business Valuation Case - Reorganization of Family Business

Problem/Objective: A second generation family business was experiencing strife between the key members of management. As a result, the board of directors was recommending a reorganization of the company into two entities. The property division needed to be of equal value and also include complimentary assets for operations.

Solution: The Perkins valuation team worked through many scenarios assembling assets into packages to evaluate their operating effectiveness together, as well as tax basis, after-tax values, and assumptions regarding timing of sales and cash flows.

Litigation Support Case - Establishing Lost Profits (Telecommunications)

Problem/Objective: A contractor cut into underground telephone lines, which resulted in disrupted phone service to a call center for all inbound and outbound calls.

Solution: The Perkins valuation team determined a value for the lost earnings from the disruption, taking into account the call volume trends, successful sales statistics, and the timing of the disruption.

Litigation Support Case - Establishing Damages (Winery)

Problem/Objective: A license from the Alcohol and Tobacco Tax and Trade Bureau (TTB) was omitted, which resulted in an order to destruct an entire vintage of wine, approximately half in bulk and half in bottled wine.

Solution: The Perkins valuation team analyzed the winery’s business plans, projections, and information from the destroyed vintage, as well as industry trends, to determine the value of the damaged vintage and the future lost profits.