Valuation Critical to JV Formation
Saved client US$22 million in cash
The Situation
- Client entering into major JV where both parties were to contribute intangible assets with the balance in cash
- EverEdge client wanted to understand the relative value of the intangible assets?
The Client
CEO – Publicly Traded Travel Company
Outcome
- EverEdge developed valuations for the intangible assets of both company
- On review, both parties agreed that the value of EverEdge’s clients intangible assets was substantially more than counterparty.
Result
Saved client US$22 million in cash