Valuation for M&A (PDF)

Discover the tools necessary to determine what your company'svalue is, what drives its value, and how to enhance that valueduring an M&A transaction.

The only book to focus on valuation specifically for mergers andacquisitions, Valuation For M&A: Building Value in PrivateCompanies, Second Edition lays out the steps for measuring andmanaging value creation in privately held businesses. Thisgroundbreaking work led directly to authors Chris M. Mellen andFranck C. Evans being named the joint 2010 AM&AA Middle MarketThought Leader of the Year by the Alliance of Merger &Acquisition Advisors, and its thorough overview of the subject:
* Recognizes a company as an investment and explains how tomanage that value to maximize shareholder returns, focusing onreturns, risks, and capital invested
* Explains investment or strategic value versus fair marketvalue and provides a document request checklist; sample interviewquestions; and formats for adjusting financial statements,developing discount rates, the computation of net cash flow; and avaluation reconciliation form
* Includes a comprehensive case study to illustrate concepts andcalculations
* Now covers fair value accounting and the impact of SFAS Nos.141, 142, and 157 and their IFRS counterparts, intangible assetvaluation techniques, exit planning, international M&As, andventure backed/early stage companies

Showing corporate executives as well as M&A professionalsand business appraisers how to value privately-held businesses formerger and acquisition purposes, this book helps investors,executives, and their advisors determine the optimum strategy toenhance both market value and strategic value to maximize return oninvestment.