In this session, we will discuss complexities associated with valuation of small and lower middle market businesses in the context of the business owner’s objective to monetize wealth stored in the company. We will consider an overview of appraisal methods, adjustments commonly required in small business valuations and issues that can interfere with realization of the appraised value in an actual sale transaction. This session is relevant to financial professionals who work with owner managed businesses.
Key learning objectives are to develop an understanding of:
Mr. Lucas has more than 25 years of investment and business valuation experience. He has analyzed, valued and managed billions of dollars of assets including privately held equity interests, leveraged loans, high yield bonds, credit default swaps (CDS), collateralized loan obligations (CLOs) and a variety of other types of asset backed securities (ABS), total return swaps (TRS) and credit linked notes (CLN).
Mr. Lucas enjoyed considerable success as a leveraged debt fund manager. Through his investments in distressed debt he was involved as a principal in numerous debt restructurings and sat on several bank loan steering committees through the Chapter 11 bankruptcy process.
Prior to founding the Lucas Valuation Group, Mr. Lucas was a principal at ValueScope, Inc. where he assisted business owners and managers, accountants, financial institutions, attorneys and others with valuations of businesses, intellectual property, complex derivative securities, purchase price allocations and many other types of analyses. Mr. Lucas has qualified to testify as an expert witness in both federal and state courts on many occasions.
CPAacademy.org (Sponsor Id#: 111889) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
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The Lucas Valuation Group is more than just a business valuation firm. We seek to partner with our clients to define their company’s goals, develop their businesses, determine their values and to provide the outstanding management consulting and financial consulting guidance they need.
Our highly individualized approach is key to the services we offer. We understand the very personal relationship business owners have with their businesses, so we make every effort to fully understand their businesses and their business needs. Then we use our expertise to objectively analyze and interpret the information, contribute meaningful advice, and present relevant and reliable results.
Our objective is to help our clients maximize their business for sale outcomes.