Serving as financial advisor, HAVS provides advice to both buyers and sellers of middle market companies. We combine our established reputation and extensive contacts with interested buyers and sellers of middle-market businesses and add our knowledge of capital markets, valuation, and business transactions to meet client objectives.

• Transaction Pricing & Structuring
• Succession Planning
• Management Buyouts

Buyer Advisory Services

• Understand Client Objectives
• Review Acquisition Criteria & Reason for Acquisition
• Identify Potential Acquisition Candidates
• Analyze Financial & Strategic Value of Potential Acquisition Targets
• Evaluate Financial Implications of the Potential Acquisition
• Develop Strategy to Approach & Acquire Target
• Negotiate Price & Terms
• Evaluate Financing Alternatives
• Post-closing Integration Support

Seller Advisory Services

• Understand Client Objectives
• Gather Data
• Assess Prevailing Market Conditions
• Conduct Due Diligence & Financial Review of Company
• Conduct Business Valuation
• Establish Valuation Parameters
• Evaluate the Company's Strategic Alternatives
• Develop a Focus Transaction Strategy
• Prepare Materials & Financial Statements Required
• Screen Potential Buyers
• Analyze Potential Offers & Proposals
• Present Offers to Company Officers & Directors
• Negotiate Price & Terms
• Support Drafting of Legal Documents & Closing Schedule

Planning

• Assessment of Prevailing Market Conditions
• Gather Information
• Understand Objectives of Owners & Company
• Assess & Establish Valuation Parameters
• Development of Focused Transaction Strategies

Materials Preparation

• Extensive Due Diligence
• Development of Comprehensive, Compelling Marketing Documents
• Prepare Confidentiality Agreement

Marketing the Business

• Develop the Marketing Strategy
• Identification & Qualification of Potential Buyers

Negotiation & Due Diligence

• Evaluate Interest of Potential Buyers
• Conduct Due Diligence on Buyers
• Create a Competitive Pricing Environment
• Negotiate Letter of Intent

Closing

• Facilitate Negotiations
• Support Drafting of Legal Documents
• Drive Schedule of Closing

Hancock Askew Valuation Services, LLC provides objective, independent opinions of value on businesses, intangible assets, intellectual property, and complex compensation securities (i.e. employee stock options, stock warrants, and stock purchase rights).
The HAVS team has provided business valuation services to corporations, partnerships, limited liability companies, and sole proprietorships.

These valuation engagements encompass businesses in virtually every industry and include going concern enterprises, startups, distressed entities, real estate holding companies, investment companies, and fractional interests in family limited partnerships, general partnerships, limited partnerships, and Subchapter S corporations. Our valuation advisory services are most commonly used for the following purposes:

Business Valuation

• Estate Tax Planning
• Family Limited Partnerships
• Corporate Restructuring
• Gifting of a Business Interest
• Purchase Price Allocations Under
• IRC Section 1060 & Reporting
• Requirements on Form 8594
• SFAS No. 141 Valuation & Advisory Services
• SFAS No. 142 Valuation & Advisory Services
• Intangible Asset & Intellectual Property Valuations
• SFAS No. 123 (Revised 2004) Valuation & Advisory

Our credentialed professionals have formal training and experience preparing appraisals to establish fair market value as mandated under Sections 20.2031-1(b) of the Estate Tax Regulations and Sections 25.2512-1 of the Gift Tax Regulations. These appraisals incorporate the widely recognized business valuation principles and methodologies outlined in Revenue Ruling 59-60.

Our tax compliance and reporting valuation services include:

• Ownership Succession & Wealth Transfer
• Federal Income, Estate & Gift Tax Planning
• Purchase Price Allocation Under Internal Revenue Code Section 1060
• Discount Studies for Family Limited Partnerships
• Stock-Based Compensation

Corporations

• “S” Corporations
• “C” Corporations
• Qualified Personal Service Corporations

Limited Liability Companies

• Including single member “disregarded entities” under Subchapter K of the IRC.

Our Litigation and Fraud Investigation professionals have experience providing valuable insights and credible testimony in litigation, alternative dispute resolution and investigations. The practice is supported by a national infrastructure, enabling timely responses to requests for industry or technical experience.

Many of our partners have provided testimony on damage claims, accounting practices, industry issues, bankruptcy-related matters, valuations, tax and other litigation.
Our team of accountants, investigators and valuation professionals provides assistance to counsel for plaintiffs and defendants on:

• Intellectual property and patent infringement claims
• Identifying relevant documents in discovery
• Identifying and consulting with potential experts
• Preparing and analyzing damage claims
• Assisting counsel with depositions of opposing experts
• Developing settlement analyses, participation in settlement negotiations
• Preparing demonstrative evidence
• Providing oral and written testimony

The HAVS litigation practice is supported by our national infrastructure, enabling timely responses to requests for industry or technical experience. We have provided testimony on damage claims, accounting practices, industry issues, bankruptcy-related matters, valuations, tax and other litigation. Previous engagements include:

• General Contract Disputes, Including Lost Profits & Economic Analysis
• Post-acquisition Disputes
• Professional Liability Claims
• Partner, Shareholder & Member Disputes
• Business Interruption Claims
• Dissenting Shareholder Actions
• Divorce Settlements
• Bankruptcy Reorganizations
• Economic Damage Assessments