EverEdge provided a valuation for our business as we recognised that our balance sheet did not reflect our true worth.

We were impressed by EverEdge’s ability to bring added value. The end result is a robust report that we believe reflects a fair valuation for our business and will support our upcoming capital raise.

We have an exceptionally strong team of innovators within our organisation. However, some of the assets we developed over the years were outside our core competencies and the direction we are taking the business. Working alongside EverEdge, we developed a strategy that plays to our strengths in the healthcare sector along with unlocking capital by divesting the valuable assets we had developed outside of our future focus industry. EverEdge’s understanding of our business enabled it to identify OTSAW as the right acquirer for these assets and to support us in completing this joint venture.

Working with the Everedge team was a seamless and simple process. The intangible asset report they completed has been of immense value in sharing our story with investors.

As a Biotech, our value is not in physical assets but in the intangible assets we generate through our R&D. As intangible assets traditionally sits off-balance sheet, existing financial reports do not provide investors with the tools to evaluate/compare our business with alternative Biotech investments. Working with EverEdge has helped us to identify and value our intangible assets, which in turn has enabled us to articulate the true value of our Company more effectively to our existing and potential investors.

We recently engaged EverEdge to provide us with an independent valuation of the tangible and intangible assets of a target entity we were looking to acquire. The resulting report provided a valuable independent assessment of the target company’s assets that we could rely on and addressed all of the questions we had in detail.

Preparing a business for sale doesn’t happen overnight. It starts years in advance. The work we did with EverEdge amplified the value of our intangible assets and was pivotal in positioning our business as we approached our exit strategy. I highly recommend EverEdge to any organisation looking to build value in their business and especially to any founder or management teams moving towards an exit.