The board of managers of a global leader in the collection, remanufacture, and resale of imaging products engaged Stout to provide a fairness and reasonably equivalent value opinion with respect to consideration rendered to the board pursuant to the sale of a business unit.

Following the closing of the sale, company management engaged Stout to provide an acquisition accounting valuation of the business unit's multiple reporting units. The scope included an allocation of total invested capital and determination of the fair value of tangible and intangible assets acquired in the transaction. These assets included several internationally recognized trade names, inventory, a portfolio of patented and unpatented technology, internally developed software, and personal property and real property.