Dyke Yaxley, a member of The Corporate Finance Network with two offices in Shropshire and one in the United States has advised a consultancy firm on a company valuation for acquisition purposes.The Corporate Finance team at Dyke Yaxley were approached by their client when they had the opportunity to acquire a minority stake in a consultancy group. Their client had not been through such a process before, therefore mandated Dyke Yaxley to value the business at the market value.
Mark Bramall, Director at Dyke Yaxley (pictured) and Sarah Hartshorn, a member of the Dyke Yaxley Corporate Finance team, began by reviewing all past financial data across the group and forecasts for the main trading company. The team also carried out research into the sector to give their client a well-rounded view of the market they were seeking to invest in.
The result was a full valuation report, which gave confidence to their client to invest €2 million for the acquisition of 20% of the Ordinary Share Capital in a group company.