Stout was engaged to complete an acquisition accounting exercise for both financial and tax reporting requirements for a publicly traded manufacturer of specialty chemicals. Our client acquired a foreign company that was composed of eight legal entities domiciled in countries around the world, including two holding entities and six operating entities. As part of the transaction process, our client required a valuation for the company on a consolidated basis for financial reporting requirements and a valuation of each of the individual legal entities for tax reporting requirements. The client was able to utilize our valuation analysis to meet all financial and tax reporting requirements.