Valuation

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 Worth?,” keeping in mind that...

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 to drive up valuation multiples. ...

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 scenario analysis, and applying various...

  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 small company’s earnings may be inherently...

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 typically overstating its value. While the...