Financial Advisory and Related Services

Business Valuations and Fairness Opinions

Fairness Opinions - For a fairness opinion to provide maximum protection for the boards of directors, the financial advisor rendering that opinion must be independent and free of conflicts of interest. With the enactment of Sarbanes-Oxley, astute directors are increasingly seeking experienced, independent financial advisors to assist them in meeting their fiduciary obligations. Miller's expert financial advisory services include the issuance of independent fairness opinions for both public and private companies.

Business Valuations - Miller offers a myriad of formal and informal valuation services designed specifically to match the need of each client engagement. Miller's ability to understand and determine the value of a company has been instrumental to its clients in all areas of focus including corporate finance, private equity/debt and mergers/acquisitions. The professionals at Miller combine a powerful assortment of analytical tools with real-world experience to objectively produce well-seasoned, supportable conclusions. Circumstances requiring an independent, expert assessment of corporate worth include the following:

• Merger and acquisitions
• IPO pricing
• Determination of buy/sell equity rights and incentives
• Structuring ESOPs
• Gift and estate tax valuation
• Reorganization of family-owned business, among others