Corporate Valuation Services

Hilliard Lyons offers a suite of valuation and related services to assist companies, their shareholders and advisors in corporate planning and transactions. Whether through informal consultations, formal reports, or fairness opinions, our professionals offer objective and credible analysis that provides a firm foundation for management decisions. Listed below are a sampling of the corporate valuation services we offer:

  • Shareholder transactions
  • Corporate reorganizations
  • Family business planning
  • Obtaining financing
  • Dissenting shareholder disputes
  • Estate and gift valuations
  • Incentive compensation, phantom stock, etc.
  • Buy/Sell agreements
  • Spin off of a business segment
  • Going public or private
  • Employee stock ownership plans
  • Bankruptcy and restructuring
  • Acquiring a business
  • Intangible asset appraisals

Valuation for Buying or Selling a Business

We know how hard you’ve worked to build your business, and our Investment Banking Team believes in your success. That’s why we take a comprehensive approach when determining the valuation of the business you’re buying or selling. We can evaluate your company as a standalone entity, or combined with a buyer’s operations. Drawing from what we’ve learned from in-depth discussions with management and using the latest tools and our own independent research, our team can analyze the most-likely valuation scenarios.

When it comes time to sell your business, our in-depth valuation analysis allows us to develop a realistic assessment of what might be obtained in a transaction, providing the foundation for negotiation between both parties.

If you’re buying a business, our research and analysis provides perspective on the key factors affecting the businesses value, with in-depth information on the company’s strengths, weaknesses, opportunities and threats. Our team will also work with you on projecting the impact of added debt or equity on value, if you are interested in acquisition financing. Ultimately, our comprehensive valuation analysis equips you with the information you need to make a decision on the timing of the deal and whether or not you should move forward with confidence, or defer a transaction.

Valuation for Wealth Management and Estate Planning

Ensuring your family business has a properly documented and well-reasoned valuation is essential to your comprehensive wealth management plan. Hilliard Lyons can help provide supportable and credible valuations for gifting, estate planning, and charitable donations to help so you pursue the future and legacy you choose.

Transfers of interests in family limited partnerships and limited liability companies are routinely challenged by taxing authorities, and in the current economic and political environment, heightened scrutiny can be expected in the future. That’s why our Investment Banking Team works closely with your Wealth Advisor, Financial Planner and Estate Planner to help ensure cohesion in your wealth management plan.

We work closely alongside estate planning professionals to fully understand operating and partnership agreements, as well as the risk characteristics of an entity’s assets and liabilities.

Typical valuation assignments in family wealth management and tax compliance engagements include:

  • Shares of family owned businesses
  • Shares restricted by securities laws or subject to block size issues
  • Non-voting stock
  • Interests in asset holding companies such as family limited partnerships and limited liability companies
  • Preferred stock and securities with conversion features
  • Stock options and other equity linked instruments
Business Valuation