A service that is very closely related to business valuation is the fairness opinion. A fairness opinion is frequently required when a transaction requires an independent firm to provide a level of assurance that the transaction is reasonable to all parties to the transaction. Fairness opinions are generally required when a business entity is involved in a merger, acquisition, ESOP transaction or when a public company goes private. Fairness opinions provide the parties with valuation information and opinions that indicate that proper business judgment was exercised in consummating the transaction.
Shilts CPA has the necessary experience to issue fairness opinions to the special committees appointed by boards of directors, shareholders and fiduciaries acting on behalf of trust beneficiaries or ESOP participants.