| Location: |
USA, Canada, UK |
| Market: |
Corporates & Companies |
| Asset Class: |
Real Estate, Machinery & Equipment and Inventory |
| Challenge: |
In a (US) $2.1 million transaction for a diversified manufacturing company, GoIndustry DoveBid Valuation Services was instructed to provide a comprehensive asset valuation for finance purposes. The primary challenge was in the timing. Verbal numbers were needed in just two weeks. Since GoIndustry DoveBid Valuation Services already provided a valuation of the acquirer's target under an asset based formula, we were engaged to provide a fair value valuation for the allocation of purchase price. Our valuation included machinery and equipment and inventory, as well as real estate in the US, Canada and the UK. |
| Solution: |
Within a week and a half GoIndustry DoveBid Valuation Services had provided verbal numbers relating to all the locations for finance purposes. |
| Result: |
GoIndustry Dovebid was able to provide a one-stop service, across three countries, which allowed additional time for further meaningful negotiations which led to a successful conclusion for all parties. |