Business Valuations

Valuing a business is a customary part of the mergers and acquisitions process that all of FMI's investment bankers can perform. However, there are other reasons for having a business valuation besides an acquisition transaction. These reasons include appraisals for gifting stock to family members, estate planning and estate tax filing, stock option plans, buy/sell agreements, minority stockholder disputes, divorces, and business interruption/damages assessment.

FMI has valuation specialists within its Investment Banking group who can perform formal or informal appraisals for each of these purposes. Formal valuations are long-form reports that are usually required for IRS-related appraisals (gifts, estate taxes) or where there is a likelihood the report will be used in a legal setting (divorces, stockholder disputes, damages cases, etc.). Informal appraisals, usually presented in the form of an opinion letter, are prepared for all other purposes.

FMI's valuations conform to standards of the appraisal profession and comply with the guidelines for business valuations set forth by the IRS, including Revenue Ruling 59-60. However, FMI's uniqueness and ultimate credibility in its appraisal services is based on its construction-industry specialization and extensive experience in buying and selling construction companies.

For more information on FMI's Business Valuation services, please contact George Reddin at 919.785.9286.