Valuations

LWBJ partners and staff bring significant competence and expertise to the valuation services we provide. As a result, we are often called upon to advocate for family and business clients with taxing authorities, in legal disputes, in estate and succession planning, as well as a in a wide variety of financings, business structurings and ownership transactions. Our investment banking experience with merger, acquisition and disposition transactions gives us deep insight into the market.

Beyond measuring value, we provide our clients with actionable strategies designed to increase their business value and/or better position them to achieve their business objectives.



Services

  • Buy-sell agreements
  • Estate & family transfers
  • Stock option pricing
  • Shareholder transactions/dissenters’ rights
  • Litigation services / Expert witness testimony
  • Employee stock ownership plans
  • Purchase price allocations
  • Private equity portfolio holdings
  • Forensic accounting
  • Mergers and acquisitions

Select Engagements

EUROFINS SCIENTIFIC
Belgium-based, publicly traded food, pharma and environmental testing company
LWBJ performed valuation services to allocate the purchase price of intangible assets.

ADVANCED ANALYTICAL TECHNOLOGIES, INC.
Manufacturer of pharmaceutical instruments
LWBJ performed an appraisal of a minority ownership interest for the purposes of recording options and warrants to purchase common stock.

AGRITECH AVIATION, INC.
Family-owned business
LWBJ performed valuation services and assisted with transition to the next generation and the buyout of minority stockholder.

BEATON, INC.
Owner-operator of Burger King franchises
LWBJ performed an appraisal and determined the fair market value of a minority ownership interest for the purposes of determining gift tax and estate planning.

CNS RESPONSE
Technology company
LWBJ performed valuation for equity transactions.

CANCER GENETICS
Life sciences company
LWBJ performed valuation for equity transactions leading to an S-1 filing with the SEC.

CAREMEDIC, INC.
Automated Medicare claims software
The firm performed valuation for an equity transaction and permanent impairment.

FULCRUM CONSULTING
Business and IT consultants
LWBJ performed an appraisal to determine the fair market value of the company and advised on structure to allow for additional investment.

JOHNSRUD TRANSPORT
Signage companies
The firm performed calculations to determine the value of a 100% ownership interest in the two companies.

LATIMER ASSOCIATES AND IMAGEFIRST
Signage companies
The firm performed calculations to determine the value of a 100% ownership interest in the two companies.

MILES CAPITAL
Independent institutional asset manager
LWBJ performed valuation for equity transactions.

NORTHERN GROWERS
Ethanol plant
LWBJ estimated the fair value of minority interest in a 75-mmgy ethanol plant.

STANDARD BEARINGS COMPANY AND SUBSIDIARY
Wholesale and retail distributors of replacement bearings, power transmission equipment and V-belts.
The firm calculated the fair market value of a minority ownership interest in the company.

VANTEC, INC.
Innovative plastic injection molding company
LWBJ assisted the family-owned business on valuation for internal stock transactions.

WEBFILINGS
End-to-end SaaS solution for external financial business reporting needs
LWBJ performed valuation for the Iowa Department of Economic Development to assist in the analysis of a $2 million state loan.

ZIROUS, INC.
Specialists in Oracle Core Technology sales and implementation
LWBJ performed valuation and assisted in the formation of stock incentive plan.

CALCIUM PRODUCTS, INC.
Leading specialist in the development of fertilizers
LWBJ performed an appraisal to determine the company’s fair market value for purposes of a potential transaction.

KAGIN FAMILY LIMITED PARTNERSHIP
Rare coin dealership
LWBJ performed an appraisal to determine the company’s fair market value for gifting purposes.

Partners & Key Associates

PARTNERS
JD Geneser, CPA
Paul A. Juffer, CPA

KEY PROFESSIONALS
Kathleen J. Zehr
Eric Engstrom, CPA/ABV, CFA