Because Wisdom Can’t Be Told! Can CPAs Sponsoring a Valuation Exchange Enhance the Private Capital Market? By Steve LeGraw, Managing Partner, Mentor Partners A valuation exchange within a private auction platform could create more transactions. The what, who and when would be less of a mystery. By licensing the StatTrader technology CPAs become a part […]
The primary function of business brokers and investment bankers is to cultivate deals, compose marketing memorandums and to create a distribution list of enough bidders to get the highest valuation for their clients. The industry is characterized by highly motivated, well-educated and well-connected people.
If you average transactions over an industry profile over time you will see a surprisingly consistent trend line of valuation multiples. Although the average is predictable in both public and private markets, the standard deviation is erratic in both. The reason for the high variation in public markets is often due to either speculation or […]