Fairness Opinions by Transaction Capital LLC
Our specialty at Transaction Capital LLC is providing independent Attestation Letters that adhere to IRS regulations. These letters result from a comprehensive review of your company’s corporate structure, tax history, and stock issuances. Whether you are an investor pursuing the capital gains exemption or a startup preparing for an exit, our experienced staff collaborates with you.
We ensure a smooth attestation process for your QSBS needs with business valuation services that fully comply with IRS guidelines.
What Is a Fairness Opinion?
A fairness opinion is an expert, independent assessment that establishes whether a transaction’s financial conditions are equitable for all parties involved, particularly shareholders. Transaction Capital LLC provides fairness evaluations for:
- Mergers and acquisitions
- Recapitalizations
- Management buyouts
- Control transactions
In high-stakes transactions, our fairness opinion services provide transparency and compliance while assisting executives and boards in fulfilling their fiduciary responsibilities.
Years of Experience
Successful Projects
The Significance of a Fairness Opinion
When Is the Right Time to Get a Fairness Opinion?
- Change of Control
Mergers or acquisitions that transfer majority ownership. - Management Buyouts (MBOs)
When insiders take ownership. - Shareholder Approval Deals
Particularly those involving diverse investor bases. - Public Company Transactions
A High-Risk Environment for Disclosure and Governance - Private Deals in Conflict
Having insiders or board members on both sides - Cash vs. Rollover Options
Assisting investors in making decisions about reinvestment or liquidity - Adviser-Led Secondary
When the SEC Requires Independent Valuation Input
Our Process for Delivering a Defensible Fairness Opinion
Transaction Review
Independent Valuation
Market Testing
Final Opinion Letter
We Promise:
- Complete Independence:
Complete autonomy from all parties involved in the transaction.
- Audit-Ready Reports:
Reports that can withstand an audit with complete transparency.
- Regulatory Compliance:
Disclosures that comply with regulations, even for private companies.
What a Fairness Opinion Does and Does Not Include
A Fairness Opinion Does:
- Evaluate a deal’s financial fairness.
- Encourage decisions at the board level.
- Serve as a means of communication with interested parties
A Fairness Opinion Does Not:
- Suggest whether to accept or reject the deal.
- Substitute legal examination or due diligence.
- Provide a credit risk or solvency study.