Professional Valuation of a Broadcasting Technology Company

Brief

A parent company required a professional valuation of the machinery, equipment, and leasehold improvements of a purchased company. Specialising in technology such as headphones, ear pieces, pro audio and microphone equipment, the acquisition was designed to strengthen the parent companies presence and growth within the broadcast sector.

Work

We were requested to perform a purchase price allocation as well as a restricted, desktop Fair Value valuation of the tangible assets of a broadcast equipment manufacturer.

Outcome

As a result of our work, we were able to ascertain the fair market value of various assets within the companies asset register.

The purchase price allocation was then incorporated into the financial statements of the parent company, under International Financial Reporting Standards (‘IFRS 3’).