We Provide All Your Valuation Services

The list of valuation subjects is long and becoming increasingly more complicated. The DSE valuation professionals help their clients stay current with reporting and valuation guidelines.

Our commitment is to provide clients with accurate, timely, and FASB/IFRS-compliant valuations. Our expertise includes the following areas:

• Derivative Valuations
• Purchase Price Allocations
• Goodwill/Intangible Impairment Analyses
• SPAC Valuations
• Business, Enterprise, and Equity Valuations
• Employee Stock Option/Restricted Stock Valuations
• Intangible Asset Valuations
• Complex Securities Valuations
• 409A Valuations
• Hedging Analysis
• Fairness Opinions

DSE evaluates and values embedded derivatives in convertible securities, preferred stock issuances, detachable options, and warrants. We specialize in building custom multinomial lattice and Monte Carlo simulation models that fair value derivatives based on the underlying economic and market conditions. We assist our clients in the accounting and disclosure requirements for audit and public reporting.

Purchase price allocations can present many complexities. We work with management and auditors to determine the fair value of all assets gained under accounting guidelines. DSE will help allocate the purchase price paid for the acquired company to the gained company’s tangible and intangible assets. DSE will also fair value the consideration paid, including contingent payments and debt issuances.

We work with management and auditors to determine the fair value of assets and liabilities following FASB and IFRS guidelines for goodwill and intangible assets valuation and impairment testing both on a qualitative and quantitative basis.

Even though Special Purpose Acquisition Companies (SPAC) have been around since the 1990s, in 2020, the market saw a surge of SPAC IPOs, and DSE has been diligently supporting these businesses. Our clients needed help in navigating valuing instruments, such as:

• Founder Shares
• Private Placement Warrants
• Equity Earnout Shares
• Anchor Sponsor Commitments
• Convertible Notes
• Forward Purchase Agreements

DSE has extensive experience in estimating the fair value for our clients’ illiquid and non-traded investments.

At DSE, we tailor our business valuation scope to our client’s specific needs. Our valuation reports include an overview of the company and industry. We evaluate the company’s value drivers, describe our methodology, and include details on our inputs and assumptions. Also, we have extensive experience in the application of all valuation methods for a broad range of businesses and situations, including:

• Mergers and Acquisitions
• Initial Public Offerings
• Redemptions of Shareholder Interests
• Fairness Opinions
• Equity and Debt Investments
• Capital Raises
• Employee Stock Ownership Plan (ESOP)
• Management Buyouts
• Financial Reporting
• Employee Stock Option/Restricted Stock Valuations

We have extensive experience in valuing stocks and options issued as compensation for financial reporting purposes. Our team gives each engagement the time and dedication to understand the specific plan and utilize the most appropriate valuation approaches. DSE has been at the forefront of valuing equity issued as compensation for companies with complex capital structures that employ multiple stock classes.

We have extensive experience in valuing stock and options issued as compensation for financial reporting purposes. Each engagement is given the time and dedication to understand the specific plan and utilize the valuation approaches that are most appropriate. DSE has been at the forefront of valuing equity issued as compensation for companies with complex capital structures which employ multiple classes of stock.

At DSE, we help our clients accurately determine the value of their copyrights, trademarks, patents, and trade secrets. They perform this service through cost-based, income-based, and market-based valuations. So, contact DSE whenever your business has a reporting or triggering event requiring valuation of your intellectual property. We have the experience and expertise to ensure the accuracy required.

Many DSE clients rely on complex securities to help raise capital, manage cash flow, and provide performance incentives. They use them to optimize intercompany agreements (mergers and acquisitions, joint ventures, etc.) and hedge risk. The fair value of these customized and innovative instruments can take time to measure, and we ensure all your complex securities are fairly and accurately valued for all your reporting requirements.

“What is a company worth?” is a much easier question to answer for a public company. However, for a private company, many clients rely upon DSE’s expertise for fair valuations. IRS Section 409A requires an independent appraisal of the fair market value of a private company’s common stock and/or preferred stock. DSE is skilled at determining the value of each component of a company’s capital structure.

We assist clients in assessing and measuring hedge effectiveness and provide ongoing valuation and hedge accounting for various hedging relationships, including asset, interest rate, cash flows, or foreign currency hedges.

In situations where the corporate officers and boards of directors must meet their fiduciary duty to ensure a fair price in a transaction, DSE is there to support these transactions. We present our clients with an independent and objective review of whether the consideration paid or received is fair from a financial point of view.