Business Valuation for Major Transaction
Valtech Valuation recently completed a major acquisition of a group that operates in the medical laboratory and equipment industry. The Target Group principally engages in two key business areas: (1) the provision of medical laboratory testing services to doctors and medical institutions, and (2) the distribution of medical laboratory equipment and devices. We are proud to serve as a trusted valuation firm, providing valuable insights to clients in this industry.
Precise and Rigorous Valuation Process
We conducted an independent business valuation to determine the reasonableness of the consideration to be paid for the transaction. We went through a precise process to ensure the valuation was conducted in a fair and appropriate manner. We conducted a comprehensive analysis including, but not limited to, the selection of valuation approaches, the key inputs and assumptions adopted, and the selection of comparable companies.
After a rigorous process, we considered that the market approach was the appropriate approach for this valuation. By leveraging our deep expertise, we believe the list of comparable companies to be exhaustive based on our research and selection criteria on a best-effort basis. Moreover, we made further adjustments to account for differences such as marketability between the target group and the guideline companies.
We documented our valuation process, the material and relevant information related to the valuation, the assumptions adopted, and the conclusion in the valuation report. The valuation report has been disclosed transparently in accordance with the requirements of HKEx.
About Valtech Valuation
Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The firm is renowned for its expertise in advanced valuation techniques, customized valuation models, data-driven insights, and adherence to compliance and reporting standards. The firm has a solid track record in valuation advisory for listed companies, private equity, fund managers, and financial institutions. Valtech’s qualified team comprises members with PhDs, CPA (HKICPA), CFA, Chartered Valuation Surveyors of the Royal Institution of Chartered Surveyors, and valuers accredited with Business Valuation (ABV) by AICPA and CVA qualifications in Singapore. Valtech continues to expand into more markets by leveraging its valuation platform and recruiting local experts.