Discover the tools necessary to determine what your company's value is, what drives its value, and how to enhance that value during an M and u0026A transaction. The only book to focus on valuation specifically for mergers and acquisitions, Valuation For M and u0026A: Building Value in Private Companies, Second Edition lays out the steps for measuring and managing value creation in privately held businesses. This groundbreaking work led directly to authors Chris M. Mellen and Franck C. Evans being named the joint 2010 AM and u0026AA Middle Market Thought Leader of the Year by the Alliance of Merger and u0026 Acquisition Advisors, and its thorough overview of the subject:Recognizes a company as an investment and explains how to manage that value to maximize shareholder returns, focusing on returns, risks, and capital invested Explains investment or strategic value versus fair market value and provides a document request checklist; sample interview questions; and formats for adjusting financial statements, developing discount rates, the computation of net cash flow; and a valuation reconciliation form Includes a comprehensive case study to illustrate concepts and calculations Now covers fair value accounting and the impact of SFAS Nos. 141, 142, and 157 and their IFRS counterparts, intangible asset valuation techniques, exit planning, international M and u0026As, and venture backed early stage companies Showing corporate executives as well as M and u0026A professionals and business appraisers how to value privately-held businesses for merger and acquisition purposes, this book helps investors, executives, and their advisors determine the optimum strategy to enhance both market value and strategic value to maximize return on investment.