A publicly traded agriculture company acquired the remaining capital stock it did not already own of a company focused on the movement of physical commodities, triggering a change of control and the need for acquisition accounting. Stout was engaged to determine the fair value of certain assets acquired in the transaction, including personal property, over 30 owned real property locations, trade names and trademarks, customer relationships, non-competition agreements, and various third-party equity investments. Stout also assisted in determining the fair value of the total invested capital of the acquired business (on a 100% interest basis), as well as the fair value of certain previously held investments that the acquirer held in the acquired business.

We ultimately valued all of the assets outlined in our scope within management’s timeline and assisted the client in allocating the acquired assets and assumed liabilities across five reporting units for financial reporting purposes and four legal entities for tax reporting purposes.