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  • Mergers and Acquisitions/Exit Planning - QuickRead Top Story

    M&A Multiples: Business Value v. Balance Sheet Value

    February 27, 2013

    Buyers and Sellers Need to Negotiate Delivery Targets for Working Capital and Agree on a Fair Market Value for Fixed Assets. Valuation principles generally hold that the value of a business is largely a function of return on invested capital and growth, writes Ron Stacey, since these are the primary drivers of free cash flow. But how does this cash flow relate to the asset and liability values on the balance sheet?

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  • Mergers and Acquisitions/Exit Planning - QuickRead Top Story

    The Key to M&A Success: Validate the Value of the Acquisition to the Buyer

    December 20, 2012

    To Close Deals, Find the Best Buyer, and Clearly Demonstrate Value Company owners planning to sell need to convince buyers that the premium they’re asking for is legitimate, necessary, and justified. Ron Stacey offers tips on how to validate value to potential buyers.

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