Business Valuation

Path Partners uses various, proven methodologies to determine value and we have completed assignments across a diverse group of industries and project settings. Clients have often utilized Path Partners' business valuation expertise for internal planning purposes as well as in response to specific corporate finance, transactional and compensation-related business initiatives or opportunities. In this manner, Path Partners serves the small business owner and management team as an ongoing financial advisory resource to efficiently and effectively evaluate the anticipated valuation impact of strategic business decisions.

Path Partners' substantial transaction advisory and capital formation experience provides Path Partners a "real-world" perspective for the preparation of client business valuations and fairness opinions. Our business valuation conclusions will generally depend upon the specific purpose of the assignment, nature and marketability of the subject business interest, the company's performance history and potential, capital structure, prevailing capital market conditions and industry consolidation activity.

The firm provides business valuation services within the following assignment categories:

Management Compensation and Ownership

Setting exercise prices for management stock option grants pursuant to Section 409A of the Internal Revenue Code;

Valuations of stock options and warrants;

Valuations of restricted (Rule 144) stock;

Business Planning and Corporate Finance

Establishing internal valuation benchmarks for a contemplated merger, sale, divestiture, initial public offering or private placement transaction;

Security exchanges, conversions and repurchases (including buy-sell agreements);

Formal fairness opinions;

Valuations associated with the adoption of shareholder rights plans;

Tax and Personal Financial Planning

Estate planning, gifting of business interests and valuations associated with determination of estate tax liability;

Ownership transition planning and investment portfolio analyses;

Charitable contributions;

Other

Employee stock ownership plan contributions and

Expert witness testimony.