Expertise

Business valuation

We offer tailored, interdisciplinary consultancy services to meet your needs in all matters relating to business valuations.

Key areas of our consulting services include:

  • Company valuation reports in accordance with IDW S1
  • Determination of indicative company values
  • Profitability assessments
  • Fairness opinions in accordance with IDW S8
  • Corporate law disputes
  • Expert witnesses in court proceedings
  • Financial due diligence
  • Analysis of companies or parts of companies

Questions raised by our clients include:

  • What measures can be taken to increase the value of the business?
  • What documents and information are required for an initial valuation?
  • How comprehensive is a business valuation?
  • How robust is a valuation based on an EBIT or EBITDA multiple?
  • How can the value of a newly established, growth-oriented company be determined?
  • Do you carry out pre-money valuations?
  • How can the benefits of restructuring measures be determined?
  • Can it be advisable to commission an expert opinion to determine a company’s value for inheritance or gift tax purposes?
  • Are there valuation alternatives to the so-called simplified income approach for small and medium-sized enterprises (SMEs)?
  • What are the differences between the simplified income approach under Sections 199 et seq. of the German Valuation Act (BewG) and the income approach under IDW S1?
  • Is it advisable to carry out a valuation prior to the reorganisation of a company?
  • Can you provide an assessment of an existing business valuation?
  • What business value should be applied in the context of a divorce?
  • How does financial due diligence work?
  • Do you also provide support with valuations in the context of corporate transactions?

We determine company valuations to serve as a basis for purchase price negotiations, for investment and financing decisions, as a basis for tax restructuring, or in our capacity as expert witnesses in legal proceedings. Depending on the purpose of the valuation, we prepare valuation reports in accordance with IDW S1, carry out an initial valuation (e.g. using a turnover multiple, EBIT multiples or other KPIs), prepare fairness opinions in accordance with IDW S8, or conduct financial due diligence in connection with transactions.

There is a particularly high demand, especially amongst small and medium-sized enterprises, for plausible business valuations where it is neither possible nor necessary to prepare a comprehensive, standard business valuation report. For such cases, we have developed an indicative valuation framework based on traditional valuation methods. This valuation often forms the basis for further considerations.

Contact persons

The right contacts are always by your side.

Dr. Fabian Riegler
Dr. Fabian RieglerChartered Accountant, Tax consultant, Partner
Robin Schuh
Robin SchuhGraduate in Finance (FH), Tax consultant
Thomas Theisen
Thomas TheisenChartered Accountant, Tax consultant, Partner

Contact

Pelka und Sozien GmbHRechtsanwaltsgesellschaftSteuerberatungsgesellschaftKaiser-Wilhelm-Ring 3 – 550672 Köln