Bedfordspurs
Mark Falco
Asset vs debt and potential profit/order book and normal in the deals I’ve worked onDo you often see businesses valued and sold at a pure asset valuation? In my experience that's quite rare.
Asset valuations can form a part of a discussion but in single buyer markets it tends to be combined with a measure of multiplied up earnings or similar to come to an agreed figure.
Obviously if there are multiple buyers interested then the figure becomes what someone will pay.
In our scenario the only value that matters is what it will take Levy & Lewis to walk away. Neither seem to be in any hurry to get out, so will take some convincing from any buyer.