7 of the Most Successful Deals on Shark Tank

Shark Tank

Performing a business valuation is complicated, to say the least. From varying formulas to varying investor interests, a company’s value is largely dependent on revenue trends, industry and customer concentration, profit margins, EBITDA, personnel, and competitive advantages. But that’s not all that matters. Entrepreneurs must knock their pitch out of the park in order to…

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IPO Watch List for 2022

IPO 2022

With significant rounds of fundraising over the last 10+ years, the market is bracing itself for a massive wave of IPOs. This wave is the result, in part, to the last decade of trillions of venture capital dollars directed to startups. Ernst & Young noted that 2021 gave us the highest yearly deal volume ever,…

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Valuations for Distressed Companies

distressed company

While every business valuation is different, struggling businesses do face unique challenges during the evaluation process. There is no one magic formula to decide the value of a company, these numbers are based on both qualitative and quantitative factors, which is further complicated by a failing company. A distressed company is defined by the inability…

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Valuations, Tax Court, and Michael Jackson’s Estate

Michael Jackson’s Estate

The estate of the “King of Pop”, the late Michael Jackson, was part of one of the most anticipated United States Tax Court decisions in recent memory. In a 271 page opinion, Estate of Michael Jackson v. Commissioner, T.C. Memo 2021-48, the court sided with Jackson’s estate, offering a big blow to the IRS. The…

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Business Valuations for Public vs Non-Public Companies

Teamwork process, Business team colleague presenting and showing graph on tablet and clipboard at workplace in office. brainstorming, discussing, meeting

For both public and non-public companies, a business valuation indicates how much that company is worth according to the market, which includes market participants and investors. However, a public company has shares that are traded on the stock exchange and the shares for a private, or non-public company, are not. This is a crucial differentiation…

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Some of the Largest Mergers and Acquisitions Ever

mergers and acquisitions

From August 2019 to August 2020, there were a total of 12,123 merger and acquisition deals negotiated between businesses. Regardless if the agreements are large or small, each financial negotiation comes with its own set of complexities and requires intricate attention to detail. If you’re looking to complete your own merger or acquisition this year,…

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ENSS Hires New Valuation Analyst in Business Valuation Department

Matthew Cornell Headshot

The Business Valuation Department at Ellrich, Neal, Smith & Stohlman, P.A. is thrilled to announce the hiring of a new Valuation Analyst, Matthew Cornell. With a Bachelor of Science in Mechanical Engineering from Rensselear Polytechnic Institute School of Engineering and a Master of Science in Finance from Georgetown University, Matthew brings a wealth of knowledge…

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Conclusion of Value vs. Calculation of Value

Business valuation

The common assumption is that a business valuation is just a business valuation. The reality, however, is that there are two distinctive categories that a valuation comes in: conclusion of value and calculation of value. When a business valuation expert is engaged to provide professional services, they are providing one of the two and, while…

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Understanding Valuations During COVID-19

business valuation

The coronavirus pandemic has given business owners and entrepreneurs a different perspective on how to navigate the “new normal” of business relations. As uncertainty and volatility continue to plague business dealings of all kinds, many wonder where business valuations fall into the mix. Financial markets and the global economy have undoubtedly suffered, so understanding the…

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Mergers and Acquisitions During a Pandemic


On both a national and global scale, the COVID-19 pandemic has had a major economic impact. From restructuring to closing shop altogether, businesses both large and small have had to make adjustments to reflect the new current normal. Globally, mergers and acquisitions have felt a true material impact of the coronavirus crisis. And while the…

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