Perpetual base rate for valuation dates in August 2020 is 0.01% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Perpetual base rate for valuation dates in July 2020 is 0.01% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Düsseldorf, July 2020: I-ADVISE continues its growth in M&A-Advisory and complements its partner team with renowned German public accountant (Wirtschaftsprüfer) and German tax accountant (Steuerberater) Michael Ferdinand.

Michael is an expert for both German and international tax law, in particular in the fields of corporate and real estate taxes, M&A tax and tax structuring. He studied business administration at the University of Cologne specialising in tax laws and corporate finance. He is a German public accountant, certified tax advisor for international tax law (Fachberater für Internationales Steuerrecht) and already during his studies qualified as German tax accountant (Steuerberater). In his professional career he worked at Big4 and midcap accounting and advisory firms before joining I-ADVISE.

„We are happy to have Michael on board. He perfectly contributes to our advisory services strengthening our competencies in German and international tax law.” so Frank Sichau, one of the founding partners of I-ADVISE.

Perpetual base rate for valuation dates in June 2020 is -0.07% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Düsseldorf, May 28, 2020: The sixth edition of the study on German valuation practice in squeeze-outs, mergers and other legal measures according to German law has been complemented by reports with valuation dates in 2019 and analyses the development of valuation practice since 2010.
The new I-ADVISE study can serve as a reference point for the most important parameters of valuations and offers an overview of solutions to a multitude of valuation questions by valuation professionals. “Surprisingly the DCF WACC approach has been applied in two cases, after a long period of total domination of the discounted earnings approach. We also noticed lower growth rates in valuations”, explains Dr. Jochen Beumer, Head of Valuation Services of I-ADVISE AG.
You can download the complete study here. The German version may be downloaded here.

Perpetual base rate for valuation dates in May 2020 is -0.02% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Perpetual base rate for valuation dates in April 2020 is 0.08% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

March 2020: I-ADVISE AG advised Erich Utsch AG, Siegen, in taking over shares in UK-based Hills Numberplates Ltd (“Hills”).

In the context of combining businesses, Erich Utsch AG together with two former shareholders assumed all shares in Hills. Hills is UK market leader in the supply of legal number plates and licence plate components. Its subsidiary FaabFabricauto is French market leader. Hills group has circa 300 employees and generates a turnover of more than € 50 million.

Subsequent to the business combination, Erich Utsch AG and Hills group are the world’s largest group in the license plate segment with a combined workforce of more than 1,000 employees servicing customers in more than 130 countries.

I-ADVISE assisted Erich Utsch AG in the execution of the financial due diligence of Hills and its French subsidiaries.

Erich Utsch AG is the global leader in the production of vehicle license plates as well as related technology and system solutions.

I-ADVISE is an accounting and advisory firm specialised in transaction and valuation services and is a member of an international alliance of independent advisory firms.

Perpetual base rate for valuation dates in March 2020 is 0.21% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.

Perpetual base rate for valuation dates in February 2020 is 0.24% (not rounded, 3-month averaging, 1 % growth rate). – Non-binding indication as of today -

The base rate has been calculated based on yield curve data (Svensson method) as provided by Deutsche Bundesbank.
Upon your request we can calculate case-specific base rates for you, considering company-specific cash flows, growth rates and varying the period of averaging.