VC134-WEB - IVC Chapter Meeting - "The Deal" - A BV, RP, and MTS Case Study

Registration

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Webinar Course Description

The first 30 minutes will cover IVC elections, new designees, ASA and discipline updates, other chapter business. We will then show the BV, RP, and MTS case study. The case study is about is about a highly leveraged buyout. The seller has his ideas about the value of the business, but they must be supported by appraisals for the lenders. The business owns fixed assets including machinery, equipment and real property, all of which will be included in the sale.  One of the tracts of land has environmental issues.

Course Audience

IVC Members

Instructor(s) Information

William H. Frazier , ASA

Will Frazier founded W. H. Frazier & Co., Inc. in October of 2018 after 43 years of working for investment banking and business valuation firms in Dallas and Houston. His areas of concentration are:

• Estate and gift tax valuation
• Estate and gift tax controversies
• Litigation or controversies involving business valuation
• Divorce
• Commercial
• Trusts and Probate

Joshua George, ASA

Joshua George is Head of Asset Management for F.N.B. Corporation for which he has worked since September 2016.  His responsibilities include:

• Researching market trends
• Evaluating machinery and equipment for various financial purposes
• Working with appraisers and vendors to evaluate equipment and identify trends
• Disposition of assets that come off lease
• Assisting bankers, lease officers and financial professionals in researching market trends and evaluating equipment

Agenda

The following topics are covered in this course:

• I. Intro
• II. Chapter Elections and Other Business
• III. New Designees
• IV. ASA and Discipline Updates
• V. Broadcast "The Deal"
• IV. Meeting Wrap Up

Learning Outcomes

Upon completion of this course,students will be able to:

• Discuss how the different disciplines worked together to accurately value the business and its assets;
• Present real world obstacles and issues that appraisers may encounter and how to handle them in the appraisal process and reports; and
• Determine how the appraised values interact with one another to determine an overall value that includes intangible value as well as the value of personal and real properties.