In 2012, it achieved revenues of $130 million and employed approximately 400 people.
The client needed to restructure and in order to meet ATO obligations, required a valuation to ensure it could demonstrate a market value was placed on the assets being transferred.
The company invited Pitcher Partners to undertake the valuation as it was confident it could rely on the firm to deliver a cost effective valuation that was technically sound and commercially robust.
The client was provided with the comfort that the restructure was undertaken at arm’s length and that the transaction could be fully defended to the ATO.
Paperwork and independent advice saves partnerships from fraud
Discover morePitcher Partners fills a Financial Manager gap to keep the business on track
Discover moreA fuel injection company began life as an Australian public company before being acquired by a UK publicly listed company while in the research and development stage of a “green...
Discover more@PitcherPartner Many respondents of our 2018 Legal Firm Survey suggested they would consider restructuring their firm to obtain a c… https://t.co/BS0KQvVezW