Value Associates has extensive experience and expertise in the valuation of wholesale-distribution businesses and securities.  Valuations or fairness opinions are required for many reasons including:

         > Sale or purchase of closely-held or public companies

         > Employee Stock Ownership Plans (ESOP)

         > Going private transactions

         > Sale or purchase of minority interest

Value Associates uses multiple methodologies for its corporate valuations:  comparative company P/E ratios, industry P/E ratios, discounted present value of future cash flows, and asset replacement values.