There are many reasons why an independent valuation should be carried out, for corporate, patrimonial, financial or other reasons, the most common operations being the following:

– Purchase and sale operations, mergers, divisions of companies or areas, new business combinations, restructuring, group divisions, swaps, etc.

–     Financial operations such as capital increases, incorporation of new partners, debt issues, exits to stock markets, obtaining financing, negotiations for entry of Venture Capital funds, etc.

–     Family heritage operations, divorces and separations of property, inheritance, family inheritance, protocols and agreements of the family business.

–    FORENSIC operations, arbitration, litigation and judicial and liquidation processes, bankruptcy proceedings, strategic decisions of the administrators.

–     Entry or participation operations in new business projects

The object of valuation can be very diverse and we offer varied and comprehensive services to respond to global valuation solutions in the following situations:

– Companies, participations and shares representing capital, we value all types of companies at any stage: startup, growth, consolidation.

– Investment projects and especially infrastructure concession projects. In the constant process of selecting investments, it is necessary to analyze and evaluate projects separately from the general activity of the company or to participate in infrastructure tenders.

– Assets and assets, both intangible (concessions, brands, patents, goodwill, human capital, investments of social profitability, etc.) as material, real estate and financial.

– Operations, instruments and magnitudes for accounting and tax purposes (deterioration, depreciation, transactional values, etc.) according to current regulations, the new Spanish  AS and its sector adaptations, or international accounting standards (IAS).

– Economic-financial expert reports on claims, disputes or litigation for price adjustment, company dissolutions, competition, breach of contracts, lost profits, debts, real estate issues, etc.

We have the ability to use a broad valuation methodology based on the characteristics of the company or asset to be valued, based on both conventional and advanced methods and current regulations:

– Accounting and tax regulations. Spanish AS, IAS, IFRS, Related Transactions.

– Balance based methods.

– Goodwill Methods.

– Cash Flow Discount.

– Dividend Discount.

– Comparable multiples

– Project methods for concessions and project finance.

– Monte Carlo simulations.

– Real options.

– Brand Measurement and Benchmarking.

Our valuation services follow a methodological process involving several professionals and is reviewed by an advisory committee, with the aim of ensuring the highest quality.

They can be grouped under the following modalities:

– Approximate Assessment Report. From the data provided by the client, a valuation model is prepared using the most common classical methods and contrasted with comparable valuations. The result is an approximate value that can be used for decision making.

– Full Assessment Report. A prior accounting and tax review is carried out, which may incorporate partial audit procedures, which adds a greater degree of accuracy and confidence. It also incorporates some processes to improve the projections and identify the value indicators, which provides a more adjusted and documented value for transactions.

– Special Assessment Report. It is a report that is aimed at specific or complementary objectives, expert opinions and / or based exclusively on advanced assessment tools as a means of contrast.