Wakefield, MA (PRWEB) April 16, 2007
"Valuing private firms has finally become part of mainstream finance," according to Dr. Stan Feldman, Chairman of Axiom Valuation Solutions and Associate Professor of Finance at Bentley College. He has authored a chapter entitled "Valuing Private Firms" for inclusion in the upcoming Handbook of Finance (Wiley) edited by Frank J. Fabozzi, PhD, CFA. Dr. Fabozzi is Editor of the Journal of Portfolio Management and an Adjunct Professor of Finance at Yale University's School of Management.
Dr. Stan Feldman states "that valuing private firms has been viewed by many finance professionals as a black box exercise." The purpose of the chapter is to demonstrate that this is not the case, and many of the same principles that one would use to value public firms are applicable to private firms. Nevertheless there are important differences. Dr. Feldman notes: "One of the more important differences is the distinction between the value of a minority equity position and the value of a controlling interest. The chapter identifies a simple and straightforward way to value these interests without appealing to acquisition premium data that in most instances is unrelated to the fact and circumstances under which the private firm is being valued."
For more information on this chapter, visit the Axiom Valuation Solutions website at http://www.axiomvaluation.com/NewsAndEvents/NewsAndEvents.asp.
About Axiom Valuation Solutions
Axiom Valuation Solutions is a leading national provider of business valuation services based in Wakefield, MA. The company offers expert certified business valuations for use in selling and buying companies, in IRS gifting and estate tax filings, and in meeting new 409A requirements. The company also conducts FAS 141/142 Purchase Price Allocation analyses; and offers a unique value estimate service designed and priced for business owner planning applications.
roger @ axiomvaluation.com