Assisted management of communications company in connection with acquisition of entities
Assisted management of communications company in connection with acquisition of entities
Valuation Advisory Services - Financial Reporting Purposes
Stout was engaged by Zayo Group to provide valuation services designed to assist management in addressing certain financial reporting requirements in accordance with Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 805, Business Combinations (FASB ASC 805) and Topic 820, Fair Value Measurement (FASB ASC 820), in connection with its acquisition of numerous entities in the telecommunications industry (primarily fiber, wireline and data centers). Zayo provides bandwidth infrastructure solutions for the communications industry in the U.S., Canada and Europe. We played a critical role in assisting management with their financial reporting requirements under ASC 805 and ASC 820. The numerous acquisitions, which occurred throughout North America and Europe helped cement Zayo as a leading North American and Pan-European infrastructure provider and positioned Zayo to capture significant organic and inorganic growth in North America, Europe and beyond.