Valuation
Defensible opinions for boards, audit committees, and counterparties.
Boards and special committees, CFOs, sponsors managing portfolio fair value, on cross-border DACH–Greater China transactions.
Defensible opinions for boards, audit committees, and counterparties.
The work, line by line.
Fairness opinions
Independent opinions for boards and special committees on M&A consideration in cross-border transactions.
Solvency opinions
For dividend recapitalizations, debt-financed transactions, going-concern questions.
Purchase price allocation
Identifiable intangibles, goodwill — IFRS 3 / HKFRS 3 work for DACH and Asian acquirers.
Portfolio fair value
Quarterly and annual fair-value marks for sponsors and BDCs.
Impairment testing
Goodwill and long-lived asset testing under IFRS / HKFRS as applicable.
Cross-border benchmarking
Comparable companies and transactions sourced on both sides of the corridor for triangulated multiples.
What separates the work.
- 01
Independent of audit
No audit relationships means no independence concerns on attest engagements.
- 02
Senior signers
Henrik signs every fairness opinion and solvency opinion personally. Stefan provides cross-corridor benchmarking input.
- 03
Methodology that holds up
Our work is designed to withstand counterparty challenge, regulatory review, and litigation discovery in DACH and Hong Kong.
- 04
Coordinated with the deal
Valuation is not an isolated workstream. It sits with the M&A and FDD teams.
Active categories along the corridor.
- Industrials & Manufacturing
- Technology, Media & Telecom
- Consumer & Retail
- Healthcare & Life Sciences
- Business & Professional Services
From scoping to deliverable.
- 012–3 days
Engagement letter
Scope, methodology, deliverable agreed before work begins.
- 023–5 weeks
Analysis
Comparable companies, transactions, DCF, asset-based approaches as applicable.
- 031 week
Review
Independent partner review, board presentation rehearsal.
- 041–2 days
Opinion delivery
Written opinion, board presentation, executive summary.
Founding partners leading the work.
Reading from the team.
- Practitioner Note
Why QoE Reports Are Getting Longer (And What That Means for Sellers)
A practitioner's note on the inflation of QoE scope, what it tells you about cross-border buyers, and how DACH sellers should respond when preparing for a process with Asian counterparties.
By Henrik Bergmann6 min read - Quarterly Update
Q1 2026 DACH–Greater China Crest
Quarterly read on cross-border deal flow between DACH and Greater China — pricing, volume, sector mix, and the indicators we watch for the next three quarters.
By Stefan Knaus8 min read
What clients usually ask before kickoff.
5–7 weeks from engagement letter to board delivery is typical. Expedited timelines are possible for special-committee processes.
Henrik is retained as a testifying expert on valuation matters where applicable, with prior testimony experience in German and Hong Kong proceedings.
Yes. We support sponsor portfolio fair value programs with quarterly and annual marks for cross-border DACH–Asia portfolios.
Henrik holds CPA and WP (German auditor) designations. The valuation team draws on German Wirtschaftsprüfer-grade documentation discipline.
Discuss this Valuation engagement.
We respond within one business day.
A founding partner reads every inbound. References available on request, under NDA.