This report initiates Porter, White & Company’s Quarterly Valuation Review, directed to small and middle market business owners and the professionals and financial institutions that serve them. The Review is designed to provide realistic guidance on the question, “What’s it… Read More >
Great Time to be a Seller – ACG Conference
Last week, Porter White attended the ACG Capital Connection in Atlanta with over 1,000 middle-market private equity professionals and other capital providers. The story we heard all last year continued – competition to invest capital and close deals has continued… Read More >
PWCo Provides Fairness Opinion for Graham
Porter White & Company (PW&Co) was retained by Graham Commercial Properties (GCP) to provide a fairness opinion in connection with a confidential acquisition. PW&Co provided a third-party, independent valuation of the assets being acquired after performing due diligence, considering certain… Read More >
What is My Company Worth?
This is the third in a series of comments on the use of valuation multiples. All three comments are posted on the website. In our last commentary, we looked at the impact of company size on business value. While a… Read More >
Examining Public Company Multiples
This is the second of three comments on the use of valuation multiples. All three comments are posted on the website. When investors and business owners quote public company valuation multiples to demonstrate the value of their company, they are… Read More >
Concerning Multiples
We use multiples all the time. “It was twice as hot yesterday than today.” “The drive took three times as long because of traffic.” “I would pay five times the company’s dividend to own that stock.” In these cases, as… Read More >
Michael Stone Earns CFA Designation
Porter, White & Company is pleased to announce that Michael Stone has earned his CFA (Chartered Financial Analyst) designation. He joins Goodloe White as the firm’s second CFA Charterholder. In addition, Michael is also an Accredited Member of the American… Read More >
Michael Stone Promoted to Associate
Porter, White and Company is pleased to announce that Michael Stone has been promoted to Associate. Michael has been active in the firm’s investment banking practice since January 2011. Michael’s focus at Porter White includes business valuations, financial advisory services… Read More >
Michael Stone Receives ASA Accreditation
Porter, White & Company is pleased to announce that Michael Stone recently earned the Accredited Member designation with the American Society of Appraisers in the Business Valuation discipline. Advancement to Accredited Member is granted after completion of education requirements, approval… Read More >
What’s My Company Worth?
Most owners of private businesses think about the value of their businesses from time to time. Business value is not just a measure of accomplishment for an owner-entrepreneur. It is an important factor in planning for the future, whether with… Read More >