Independent evaluation expertise

In the area of valuation, a fundamental distinction can be made between two different types: fair value measurement and independent appraisals, in the course of which a reasoned opinion is issued. In certain circumstances, an independent opinion may be required by law, for example to protect the rights of minority shareholders. In other cases, the expert opinion may also be initiated by the issuer in order to be transparent to the target company or to build up the acquisition on a sound basis. Such an expert opinion can also serve as proof of the proportionality of a transaction. Our company offers a wide range of services in the field of company valuation and independent expert opinions.

Market transactions

We have in-depth expertise in the valuation of intangible assets (trademarks, patents, customer relationships, molecules, etc…), tangible assets (factory and office equipment, etc…), considered in isolation or as the market value of equity. We often intervene in the context of divestitures, restructurings or tax optimization strategies. We are also happy to assist you in the valuation of a company’s equity by critically reviewing your business plan and determining the market value of your equity in the context of a sales.

Intangible and tangible assets

Our teams support you in the valuation of your intangible assets (patents, trademarks, licenses, contracts, goodwill, etc.) as well as your tangible assets (land and buildings, industrial plants, inventories, etc.). Our services include accounting (see section Purchase price allocation / impairment tests), taxes (transfer of assets) and other transactions (determination of transfer prices to third parties). In addition, we offer you assistance in determining license rates, which are paid to the licensor and adjusted in accordance with the applicable ISO standards.

Portfolio (AIFM Guidelines)

  • Since July 2014, the implementation of Directive 2011/61/EU (AIFM Directive) has required a regular, independent valuation of investment fund participations by law. Under certain conditions, this valuation can be carried out internally. Otherwise, a third party is commissioned to carry out the valuation.
  • NG Finance regularly intervenes in this context as an independent expert and therefore has extensive experience in the valuation of investment fund investments and carried interest.

M&A (Mergers & Acquisitions), Spin-offs, etc.

NG Finance is active in all areas of valuation, both in the context of mergers and public takeover bids subject to the regulations of the AMF (Autorité des Marchés Financiers). In connection with public takeover bids, NG Finance offers its clients independent opinions that assess the proportionality of the transaction (fairness opinions).