Valuation for M&A, Third Edition – Building and Measuring Private Company Value
Building and Measuring Private Company Value
Gebonden Engels 2018 9781119433835Samenvatting
Determine a company's value, what drives it, and how to enhance value during a M&A
Valuation for M&A lays out the steps for measuring and managing value creation in non-publicly traded entities, and helps investors, executives, and their advisors determine the optimum strategy to enhance both market value and strategic value and maximize return on investment.
As a starting point in planning for a transaction, it is helpful to compute fair market value, which represents a “floor” value for the seller since it by definition represents a value agreed upon by any hypothetical willing and able buyer and seller. But for M&A, it is more important to compute investment value, which is the value of the target company to a strategic buyer (and which can vary with each prospective buyer).
Prepare for the sale and acquisition of a firm
Identify, quantify, and qualify the synergies that increase value to strategic buyers
Get access to new chapters on fairness opinions and professional service firms
Find a discussion of Roger Grabowski's writings on cost of capital, cross-border M&A, private cost of capital, intangible capital, and asset vs. stock transactions
Inside, all the necessary tools you need to build and measure private company value is just a page away!
Trefwoorden
waardebepaling fusies en overnames private ondernemingen investeringswaarde fair market value synergiën waardebepalingsmethoden vermogenskostenvoet financieel management waardecreatie discounted cash flow overnamepremie risicofactoren exitplanning marktbenadering ondernemerschap strategisch management kapitaalstructuur middenmarkt corporate finance win-win transacties transactiestructuur due diligence multiples economische waarde cashflow
Trefwoorden
Specificaties
Lezersrecensies
Inhoudsopgave
Dedication and Acknowledgements
I. Introduction
1. Winning through Mergers and Acquisitions
II. Building Value
2. Building Value and Measuring Return on Investment in a Private Company
3. Market and Competitive Analysis
4. Merger and Acquisition Market and Planning Process
5. Measuring Synergies
III. Measuring Value
6. Valuation Approaches and Fundamentals
7. Income Approach: Using Expected Future Rates to Establish Value
8. Cost of Capital Essentials
9. Weighted Average Cost of Capital
10. Market Approach: Using Guideline Public Companies and M&A Transactions
11. Asset Approach
12. Adjusting Value through Premiums and Discounts
13. Reconciling Initial Value Estimates and Determining Value Conclusion
IV. Specialty Issues
14. Exit Planning
15. Art of the Deal
16. Fairness Opinions
17. M&A and Financial Reporting
18. Intangible Asset Valuation
19. Measuring and Managing Value in High–Tech Start–ups
20. Cross–Border M&A
V. Case Studies
21. Merger and Acquisition Valuation Case Study Distribution Company
22. Merger and Acquisition Valuation Case Study Professional Services Firm
About the Authors
Index
Rubrieken
- advisering
- algemeen management
- coaching en trainen
- communicatie en media
- economie
- financieel management
- inkoop en logistiek
- internet en social media
- it-management / ict
- juridisch
- leiderschap
- marketing
- mens en maatschappij
- non-profit
- ondernemen
- organisatiekunde
- personal finance
- personeelsmanagement
- persoonlijke effectiviteit
- projectmanagement
- psychologie
- reclame en verkoop
- strategisch management
- verandermanagement
- werk en loopbaan
