Value Driver Digest
Summer 2021
Insights
In Focus
- Stout Featured in CFO Dive: SPAC Warrants as Liability Called an Expensive Change
- Considerations for Potential SPAC Acquirees
- Estate Planning with SPAC Founder Shares
- SPAC Warrants, Founders' Shares & PIPEs: What Practitioners Should Know
- A Brief Update on SPAC Valuation
Wide Lens
- 5G, IoT, and Standard Essential Patents
- Optimizing Data Strategies
- How to Prepare for an Audit or Regulatory Examination
- Stout's Perspective on the REIT Market at REITwise 2021
What's Trending
- FinCEN Expands BSA/AML Requirements
- 'Independent Economic Value' Crucial in Trade Secret Cases
- Transformation in Education
- Money Laundering: The Infiltration of the Opioid Epidemic into Financial Institutions
- Stout Featured in Northstar's Private Equity Fast Pitch Podcast Series: Episode 74, Craige Stout
Featured Service: Complex Securities & Financial Instruments
Stout provides analysis and valuation related to complex securities and other financial instruments for financial reporting, tax planning, and investment decision making purposes. Given recent SEC guidance on special purpose acquisition companies (SPACs), Stout's Complex Securities & Financial Instruments Practice has been advising clients on public and private warrants, founders’ shares, and PIPE investments.
In addition, our specialists have broad technical and quantitative expertise, market knowledge, and innovative thinking that, when coupled with our sophisticated quantitative models, help our clients to understand complicated issues, enabling decision making based on robust analysis rather than instinct.
Select Engagements
- Determined warrant exchange value for equipment company
- Valuation of illiquid structured credit instruments
- Determined liability and equity of $200 million in convertible notes
Corporate News
- Stout is pleased to announce Kevin Manning has been named Head of Investment Banking and Nick Jachim has been named as Vice Chairman of Investment Banking. Read the full announcement.
- In 1991, Craige Stout founded the firm in Detroit with a two-person team in a living room. In 2021, we celebrate Stout's 30-year anniversary with offices in North America, Asia, and Europe. From the beginning, it's commitment to client service has never wavered and today, Stout stands true to its promise to provide relentless excellence to its clients. Hear about the client experience directly from the professionals who serve our clients, in their own words.
- Stout is pleased to announce this year’s Women in Business Scholarship recipients:
- Wendy Chen – Northwestern University
- Dana Marie Johnson – Wake Forest University
- Morgan George – Saint Francis University
- At Stout, we honor the fundamental value and dignity of all individuals. We are committed to representing and including the unique experiences, perspectives, and backgrounds of our people, partners, and the communities we serve. To that end, Stout recently introduced a new leadership-sponsored and employee-led diversity, equity, and inclusion framework whose purpose is to lead, develop, and support sustainable actions.
NEW HIRE ANNOUNCEMENTS
- Stout is pleased to welcome Matthew Vold as a Director in the Intellectual Property practice. Based in Chicago, Matthew brings over 17 years of experience providing consulting services to clients in the areas of intellectual property valuation and disputes, business valuation, complex commercial disputes, and transfer pricing.
What Our Clients Are Saying
For 30 years, we have put our clients first by understanding their needs, adding value, and setting and managing client expectations – all while being responsive and communicative every step of the way. As a result, our net promoter score (a measure of our clients' willingness to recommend our services) is consistently in the 90s, and 69% of our engagements involve repeat clients.
Learn more about our approach to client service, watch our video to learn more about what Relentless Excellence(R) means, and see what our clients have to say below:
"We have worked with the firm for years and [your professional] is always very responsive and provides a quick turnaround to meet deadlines." - Controller
"It was a pleasure working with Stout. I hope to get to work with your team again in the future." - International Tax Manager
“I have been a client for several years and will continue to need sound valuation services. Keep up the good value.” – Chief Financial Officer
“[Your professionals] and the team are outstanding. The knowledge and professionalism is truly appreciated.” – Chief Operating Officer
“[Your professionals] not only perform consistently solid work, they proactively inform [us] of issues related to our valuation work and assess the risks of different approaches.” – President