Dyke Yaxley, a member firm of The Corporate Finance Network, with offices in Shropshire and the United States, has provided an independent valuation for a professional services business, on behalf of another CFN member firm.
Led by Sarah Hartshorn, the purpose of the valuation was to assist with succession planning. The company intended to restructure and offer growth shares to the new incoming shareholders.
An independent valuation is best practice in these circumstances so the advising CFN firm reached out to Dyke Yaxley to carry out that work, knowing they had the expertise to prepare the valuation competently. The valuation was then used by the company to negotiate the terms of the restructure confidently.
The new management team are now sufficiently incentivised and will take the company forward.
