These two patents were complicated in that they needed to be valued based upon future FDA approval and the difficulty of obtaining Phase I-III approval. To complicate matters, both the domestic and international rights needed to be valued. Stephen Bethel’s knowledge of finance, capital markets, business valuation and his experience with patents greatly helped in this complicated matter. Mr. Bethel performed his work in a highly competent and professional manner, completing it within the estimated time period and cost estimates. I highly recommend Mr. Bethel for valuing intangible assets and intellectual property. I look forward to working with him in the future.
To the best of my knowledge, the appraisal reports appear to be professional and satisfactory. Turnover has been efficient without any delay.
Stephen has been a responsive appraiser and my working experience with him has been very pleasant.
With Boston Financial being in the institutional market, it is critical to obtain competent, third party consultation. Your knowledge of capital markets, commercial real estate investments, and your professionalism is refreshing.
Thank you again!
He was the third financial consultant who was designated as the specialist in the Solid Waste Industry in order to decide between the appraised values of two companies: Price WaterhouseCoopers and Desmond, Marcello & Amster. The reason for the need for a third appraiser was due to the significant discrepancy between the other two appraised values.
Mr. Bethel worked well with all of the parties involved, including BLT, the County of Los Angeles, the City of Los Angeles, and the appraisers involved. His appraisal helped us conclude our $60 million dollar transaction with the City of Los Angeles.
Frazier Capital performed these timely and important functions for Chem Arrow Corporation. Frazier Capital made a very thorough analysis of all relative and pertinent data relating to the business and the real estate occupied by the company.
At the conclusion of the study, extensive and comprehensive narrative reports were furnished to me. These reports have proved useful in estate planning, gifting, and other strategic planning issues and objectives.
The prospective market value assigned to our business for purposes of loan underwriting assuming the completion of our facility’s expansion projects, helped to convince our lenders that there is more than enough value on the enterprise to support the required financing; which prior to your excellent report had been contemplated with some reservations by the bank.
We were highly impressed with the ability that your team demonstrated during the process, particularly Ariana Arredondo, Senior Financial Analyst, by clearly understanding our business, analyzing our unique industry, and revealing the value of our permit, competitive advantage and full potential; to quickly and effectively represent the prospective value of our enterprise, its projected revenues and cash flow.
The cost of the valuation was worth every dollar; the results of your professional opinion, priceless!