Valuations

KTL combines state-of-the-art analytical approaches with its merger and acquisition expertise to produce professionally documented valuations of privately held companies. Upon accepting a valuation assignment, KTL in conjunction with the Company’s senior management, conducts comprehensive due diligence, including:

• Detailed review of historical financial statements
• Recasting the financial statements to reflect the “true” performance of the Company. This recast takes into consideration the “discretionary expenses” associated with a private company.
• Projections of the Company’s expected future performance
• Comprehensive market analysis and industry data review
• Analysis of comparable public companies, if applicable
• Adjustments to the valuation of tangible and intangible assets
  

The valuation is professionally documented in a comprehensive report describing the source data utilized, valuation approaches and analysis, a description of the Company (its operations and industry), future prospects for the Company; and a conclusion stating KTL’s fair market valuation opinion of the Company. KTL’s valuation report adheres to the firm’s reputation for providing the highest quality service. If the valuation becomes part of a legal, tax or regulatory proceeding, KTL’s Partners are recognized as expert witnesses and provide clear, credible testimony.