Business valuations are a critical tool with several different applications, including:

• Purchase or sale of a business
• Admission or buyout of a partner or shareholder
• Implementation of a succession plan (e.g. estate freezes or corporate reorganizations)
• Resolution of a shareholder, matrimonial  or personal injury dispute

The Chartered Business Valuators (CBVs) at Grewal Guyatt have vast experience with valuations of businesses of all sizes, across a variety of industries, including manufacturing, healthcare, distribution, professional services, and many others. Our clientele captures all ends of the business spectrum, from small business owners or sole proprietorships to large, multinational entities and their legal council.

We work closely with our clients to ensure that they understand the business valuation process, as well as our calculations, while completing our engagements in an efficient and timely manner.

Commercial litigation support often requires the quantification of financial damages or valuation of businesses or assets, expert testimony may also be required. Our team is comprised of Chartered Business Valuators (CBVs), Chartered Professional Accountants (CPAs), and other forensic accounting professionals with dozens of years of experience, including those who have appeared in court proceedings and successfully testified on these matters.

The professionals at Grewal Guyatt have worked on a variety of cases, including:

• Product liability
• Breach of contract or tort
• Franchise disputes
• Insurance claims (including FEMA claims)
• Patent disputes
• Trademark disputes
• Business interruption
• Construction damages

We have ample experience working on behalf of the plaintiff or the defendant in any damages litigation suit.

In anticipation of an acquisition, it may be necessary to obtain financial “Due Diligence” regarding the target business, as well as an assessment of its quality of earnings. Certain procedures and analyses can be prepared to assess the historical financial performance an organization, with a focus on potential future earnings and cash flows.

These reports can assist businesses, investors and lenders to obtain clarity over the rationale and motivation for a potential acquisition. Our team of Chartered Business Valuators (CBVs) at Grewal Guyatt can prepare an independent and objective analysis to clearly demonstrate the critical information and help guide the decision-making process.

The estate settlement process is often complicated by the lack of agreement of the value and/or allocation of the estate's assets by the beneficiaries. Valuation of the estate's assets is critical as this value impacts the ultimate distribution, as well as the relevant tax liabilities.

The professionals at Grewal Guyatt have extensive experience in litigation support involving estate disputes. Our team of professionals work closely across service lines to ensure that all perspectives are considered from a tax and valuation standpoint, and we are able to provide advice that is in compliance with the Income Tax Act.

Our valuation team works with our clients to understand the unique circumstance of each case and establishes procedures based on each scenario. We ensure that the proper value is allocated to the estate to resolve conflicts and maximize beneficial interests.

Matrimonial breakdowns are challenging for everyone involved, regardless of the circumstances. We understand these challenges and work closely with our clients and legal counsel to ensure the process is as seamless as possible. At Grewal Guyatt our clients are always the priority, and we work diligently to support their needs wherever necessary.

Our professionals assist with the resolution of financial issues related to matrimonial dispute proceedings, providing in-depth assessments and analyses accordingly. We have vast experience in assisting with negotiations and settlements and provide expert testimony, as required.

We provide the following services related to Family Law Matters:

• Calculations of income for child and spousal support
• Valuation of business interests
• Personal financial statement and net family property (NFP) calculations
• Tracing of matrimonial property, including investments
• Identification of assets and liabilities, and undisclosed property
• Forensic accounting in relation to utilization of matrimonial funds
• Valuation support for marriage/co-habitation contracts
• Lifestyle analysis
• Expert testimony at trials, mediations, arbitration hearings, etc.

Investment Entities include investment funds, such as those in private equity, pensions, real estate, venture capital, and commodities, amongst others. These entities may be required to obtain a third-party report related to the valuation of the fund, typically for financial reporting purposes.

An Investment Entity Review Report is prepared by Chartered Business Valuators (CBVs) to evaluate whether the attributed value provided for the specified shares, units, underlying investments or net asset value of an Investment Entity is reasonable.

The Chartered Business Valuators (CBVs) at Grewal Guyatt have extensive experience with Investment Entity Review Reports, and have prepared these reports for clients across several industries. We work closely with our clients to understand the valuations prepared by the entity to ensure that the proper value is allocated, with consideration for the unique circumstances of the investments.

When dealing with acquisitions of the shares or assets of a business, it is important to have the right team of professionals supporting you. Once a deal has been closed, a Purchase Price Allocation may be required for Financial Statement purposes, in order to allocate the purchase price among the specific assets acquired and liabilities assumed.

A Purchase Price Allocation typically includes the calculation of the value of the tangible assets of a business, as well as the identifiable intangible assets, such as:

• Customer relationships
• Proprietary technology
• Patents/trademarks
• Permits/licenses
• Assembled Workforce
• Non-competition agreements

Calculating an accurate PPA is a complex undertaking, with numerous factors to be considered in order to determine the value of the assets and liabilities at the date of an acquisition.

It is important to engage professionals with proper knowledge and experience in this area. The Chartered Business Valuators (CBVs) at Grewal Guyatt have acquired the fundamental valuation and audit experience, making them well-qualified to assist our clients through every stop of the PPA process.

Shareholder disputes often involve complex financial and personal considerations that impact all parties involved. On occasion, these disputes may also involve family members, which adds further delicate complexities. Our team is well-versed in all types of shareholder disputes, and provides concise, impartial advice and quantification of financial variables, in order to resolve the issues in an effective manner.

Our valuation experts provide the following services related to Shareholder Disputes:

• Valuation of business assets and liabilities, including books of business
• Damage quantification related to breach of contract, fiduciary duties, misappropriation of funds, or breach of tort in business transactions
• Litigation support in dissent and oppression cases
• Forensic accounting
• Asset identification and tracing
• Expert testimony at trials, mediations, arbitration hearings, etc.