Informed Valuation Advice

Understanding the true value of a business is critical for making informed financial and strategic decisions. Whether for transactional, financial reporting, tax, or litigation purposes, We provide independent, objective, and defensible business valuations tailored to your needs.

When Do You Need a Business Valuation?

A business valuation is often required in key situations where financial clarity is essential, including:

• Financing and Investment Decisions
• Mergers & Acquisitions (M&A) & Divestitures
• Family Business Succession & Transition Planning
• Corporate Restructuring and Shareholder Transactions
• Estate, Strategic Transaction Planning, and Tax Compliance
• Financial Reporting and Accounting
• Litigation and Dispute Resolution
• Family Law Matters
• Financing and Investment Decisions

Business Combinations and Purchase Price Allocation
Mergers and acquisitions require precise financial reporting and valuation to ensure compliance with IFRS 3 (Business Combinations) and ASPE 1582 (Business Combinations). We provide independent, defensible, and audit-ready purchase price allocations (PPA) for businesses with financial reporting requirements under International Financial Reporting Standards (IFRS) and Accounting Standards for Private Enterprises (ASPE) in Canada, as well as a defensible basis for future tax compliance and planning related to acquired intangible assets.

We help clients navigate the complexities of business combinations by identifying and valuing acquired intangible assets and liabilities, in accordance with applicable accounting standards. Our services include:

• Fair Value Measurement
  Valuation of acquired assets and liabilities including goodwill, in accordance with IFRS 13 (Fair Value Measurement) and ASPE 3063 (Impairment of Long-Lived Assets).
• Intangible Asset Valuation
  Identification and valuation of intangible assets such as goodwill, trademarks, patents, customer relationships, proprietary technology, and brand value for financial statement measurement and recognition.
• Deferred Tax Considerations
  Analysis of tax implications related to purchase price adjustments, including deferred tax liabilities as per IFRS 12 (Disclosure of Interests in Other Entities) and ASPE guidelines.
• Post-Transaction Compliance Support
  Assisting with financial statement disclosures and audit requirements to ensure compliance with IFRS, ASPE and tax regulatory reporting and compliance obligations.

Impairment Testing for Intangible Assets

As businesses grow and evolve, the value of intangible assets and goodwill will eventually fluctuate due to changes in market conditions, operations, or other factors. We provide audit-ready impairment testing services to ensure compliance with IFRS 36 (Impairment of Assets) and ASPE 3063 (Impairment of Long-Lived Assets), while also considering tax implications for corporate financial planning.

Entities must assess whether goodwill or intangible assets have suffered impairment when changes in circumstances indicate carrying amounts of certain assets may no longer be recoverable.

We provide comprehensive impairment testing services for financial reporting and tax planning, ensuring compliance with accounting and tax regulations including:

• IFRS 36 & ASPE 3064 Compliance
• Goodwill and Finite-Life Intangible Asset Impairment Testing

Accurate business valuations are essential for tax planning, corporate transactions, and long-term succession strategies. We provide independent, defensible, and audit-ready valuations that support corporate decision-making, compliance with Canada Revenue Agency (CRA) requirements, and smooth ownership transitions.

We assist with valuations for:

• Tax Reorganizations & Corporate Restructurings
• Business Succession and Transition Planning
• Estate and Inter-Family Business Transfers
• Assessing Business Value and Growth Potential or Preparing for Third-Party Sale
• Dispositions, Capital Gains, and Taxable Events
• Shareholder/Management Buyouts, Employee Share Ownership Plans and Dispute Resolution
• Strategic Acquisitions or Divestitures
• Corporate Financing, Investment and Capital Raising

We specialize in valuing complex financial instruments for financial reporting, audits, tax compliance and transaction advisory.

Whether your business holds derivatives, convertible debt, or structured financial products, we can assist with the International Financial Reporting Standards (IFRS), or Accounting Standards for Private Enterprises (ASPE) compliance required for your evolving audit, regulatory, and financial reporting requirements.

We provide independent, defensible, and audit-ready valuations for:

• Debt & Equity Classification (IAS 32, ASPE 3856) for Convertible, Derivative, and Hybrid/Complex Securities

• Fair Value Measurement (IFRS 13)

• Financial Instruments Held at Fair Value (IFRS 9) Including Impairment Testing

• Stock-Based Compensation and Performance-based Share Plans (IFRS 2)

• Business Combinations & Goodwill Impairment (IFRS 3 & IAS 36)
• Debt & Equity Classification (IAS 32, ASPE 3856) for Convertible, Derivative, and Hybrid/Complex Securities

Effective decision-making in today’s competitive business environment requires robust financial and valuation models that provide clarity on risk, returns, and strategic opportunities. We specialize in developing dynamic, data-driven models to help business operators with capital allocation decisions for business, investment, and transaction planning.

Our expertise includes integrating best-practices in complex modeling for:

• Financial Reporting, Corporate Reorganizations, and Tax Compliance

• Forecasting and Opportunity Due Diligence

• Investment or Divestment Decisions

• Financial Planning, Cash Flow/Liquidity and Operations

We provide specialized business valuation and financial expertise to support family law matters, ensuring fair and accurate financial resolutions. Our professional team works closely with family lawyers, mediators, and individuals to deliver independent, objective, and defensible valuation reports for divorce and separation proceedings in Ontario.

Whether you need a business valuation, income determination, or other expert services, we deliver clear, court-ready reports that stand up to scrutiny.

Our valuation services for family law include:

• Critiques and commentary on reports of other experts
• Independent business valuations and Guideline Income determinations
• Tracing and excluded property analysis
• Net family property calculations for marriage/co-habitation contracts
• Pre-trial preparation, discovery support and asset tracing
• Expert testimony and assistance with trials, mediations etc.
• Tax, financing, and structuring advice for settlements
• Critiques and commentary on reports of other experts

Navigating complex business transactions requires thorough due diligence, proactive risk management, and expert strategic advisory to ensure successful outcomes. We provide independent, data-driven insights to help businesses, investors, and stakeholders mitigate financial risks and maximize transaction value.

Due Diligence Services

Comprehensive financial, operational, and valuation due diligence is critical in M&A transactions, investment decisions, and business partnerships. Our due diligence services include:

• Transaction Structuring & Deal Evaluation

• Financial Due Diligence and Sensitivity Analysis

• Business & Market Due Diligence

• Operational & Strategic Due Diligence

Dispute Resolution
In commercial disputes and litigation, accurately assessing financial damages is critical to achieving fair outcomes. We provide independent, objective, and defensible damages quantification for legal counsel, businesses, and regulatory bodies across Ontario. Whether for commercial litigation, shareholder disputes, expropriations, or insurance claims, we deliver expert reports and testimony that stand up to scrutiny in negotiations, mediation, arbitration, and court proceedings.

We assess financial losses across a wide range of disputes, applying accounting, financial modeling, and valuation expertise to quantify damages with precision. Our services include advocacy and strategic advice, as well as independent valuation or expert services related to:

• Expert Reports, Critique and Commentary on Opposing Expert Reports, and Litigation Support
• Commercial Disputes, Litigation, and Breach of Contract/Damages Claims
• Shareholder & Partnership Disputes
• Business Interruption and Insurance Claims
  

Expropriation Valuations & Business Compensation

When a government or public authority expropriates private property for public use, business owners are entitled to fair compensation for losses. Our expropriation valuation services can provide legal advocacy and ensure that businesses receive adequate remuneration for:

• Business Valuation and Business Loss Quantification
• Market a Value of Expropriated Assets
• Loss of Goodwill and Intangible Asset ValueS21] 

We provide independent fairness opinions to support corporate transactions, ensuring transparency and financial integrity. Our professional team offers expert, objective assessments of whether a proposed transaction is fair from a financial standpoint to shareholders and stakeholders.

Whether you’re involved in a merger, acquisition, divestiture, or related-party transaction, our fairness opinions help mitigate risks, enhance corporate governance, and provide critical decision-making support for boards and investors in these situations:

• Mergers & Acquisitions (M&A)
  Assessing whether the financial terms of an acquisition or merger are fair and providing independent analysis to support board and shareholder approval.
• Related-Party Transactions & Conflict of Interest Situations
  Evaluating fairness in transactions involving majority shareholders, directors, or insiders and ensuring compliance with regulatory and corporate governance standards.
• Going-Private Transactions & Shareholder Buyouts
  Independent assessment of buyout offers to minority shareholders and validating the fair market value of shares to prevent undervaluation or overpayment.
• Special Committee & Board Decision Support
  Providing fairness opinions to boards of directors, independent committees, and fiduciaries to strengthen corporate due diligence and mitigating litigation risks.
• Corporate Restructurings & Recapitalizations
  Determining fairness in transactions involving debt restructuring, spin-offs, or asset sales and ensuring equitable treatment of all stakeholders in complex financial reorganizations.

Maximizing business value is essential whether preparing for a sale, transitioning ownership, or responding to a dispute or legal matter. We provide data-driven, valuations advice as an advocate, value enhancement strategies, and pre-sale planning to help business owners and stakeholders achieve optimal outcomes in their negotiation processes.

Valuation Advocacy and Dispute Resolution

Strong valuation advocacy ensures that businesses and stakeholders receive fair market value (FMV) in transactions, disputes, or legal matters. Our services include:

• Independent Assessments of Value
• Damages or Loss of Business Value for Expropriations
• Advocating for FMV in Shareholder Disputes, Transitions, and Buyouts
• Defending Valuations in Disputes with Tax Authorities
• Testimony as Valuation Experts, Critiquing Reports of Opposing Experts, and Litigation Support
  

Value Enhancement, Exit and Pre-Sale Planning

For business owners looking to increase enterprise value prior to a sale or transition, we develop value enhancement strategies to improve financial performance and market positioning. We help with:

• Independent Assessments of Value
• Profitability & Cash Flow Optimization
• Financial Reporting & Governance Improvements
• Business Risk Mitigation
• Monetizing Intangible Assets
• Capital Structure & Financing Strategy Optimization

• Understanding Fair Market Value to Guide Negotiations
• Preparing for Mergers & Acquisitions (M&A) and Due Diligence
• Planning for Tax-Efficient Sale and Succession
• Enhancing Financial Performance to Attract Buyers
• Planning for Management Buyout and Employee Share Ownership
  

Acquisition Synergies & Transaction Value Optimization

When preparing for a sale or acquisition, businesses must quantify potential synergies to maximize transaction value and attract strategic buyers. We can help with:

• Integration Risk & Deal Feasibility
• Revenue or Cost Synergy quantification
• Working Capital & Financial Efficiencies

Whether you are preparing for a merger, acquisition, corporate restructuring or exit strategy, we offer tailored financial insights and strategic valuation expertise to support your business growth objectives.

Our Corporate Development Services Include:

• Corporate Restructuring & Shareholder Transactions
• Mergers & Acquisitions (M&A) Valuation & Advisory
• Business Growth & Expansion Planning
• Exit Planning & Succession Strategies
• Financial Due Diligence & Risk Assessment
• Corporate Restructuring & Shareholder Transactions

• CFO and Controllership Advisory
• IPO Readiness
• Complex Accounting Advisory