Selling a Business – Why it Might be Harder than you Think
May 29, 2019
There have been an unprecedented number of M&A transactions reported over the past few years. Inexpensive capital and few alternative investment opportunities
read moreA Practical Approach to Setting Net Working Capital Targets
May 15, 2019
Net working capital (NWC) adjustments may be one of the most misunderstood elements of a business sale and negotiations over it can often stall or kill a deal. In
read moreQuality of Earnings – Not all Income is Created Equal
January 23, 2019
If you are acquiring or investing in a business, there are generally always risks associated with the deal.
read moreUsing a Spin-Out to Maximize Shareholder Value
May 4, 2018
What is a Spin-Out? A spin-out is a type of corporate reorganization involving the separation of business assets or operations from the Parent Company (“ParentCo”) to a newly formed inde
read moreIndustry Consolidation – Should You Buy a Business Before You Sell Yours?
April 19, 2018
It’s a common enough scenario – an entrepreneur learns that the buyer of their business has acquired several similar businesses and plans to combine them for a bigger payout down the line. The res
read moreNet Working Capital in a Transaction Context – Part Two
January 30, 2018
Welcome back! In our last post on net working capital (NWC) in a transaction context, we discus
read moreNet Working Capital in a Transaction Context – Part One
January 16, 2018
At a recent mergers and acquisitions conference, the audience was polled as to whether they had ever experienced net working capital (NWC) issues in a transaction; a chorus of laughter and groans echo
read moreThe Importance of Lawyers in M&A Transactions
September 19, 2017
We hope that “Dick the Butcher” wasn’t planning to sell his butcher shop when he uttered his immortal line, “The first thing we do, let’s kill all the lawyers” in Shakespeare’s play, Hen
read moreCurrent Trends in Mergers and Acquisitions
July 7, 2017
At Smythe Advisory, we are typically engaged to assist our clients in four specific areas. These include: Preparing Valuation Reports – Used for income tax, shareholder
read moreEarnout Agreements – The Link between the Buyer and Seller
May 15, 2017
Background of an Earnout Agreement Near the end of a transaction, the buyer and seller are usually clo
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Mike Berris
CPA, CA, CBV
Partner - Advisory Services
Mike has over 25 years of experience providing accounting and business advisory services, with a focus on the Canadian insurance industry.
Alex Wong
CPA, CA, CBV
Partner
Alex Wong is a partner at Smythe Advisory and is focused on being a trusted business advisor to his clients.
Paul Woodhouse
CPA, CA, CBV
Director of Valuation Services
Paul Woodhouse focuses on providing financial advisory and litigation support services to clients.
William Tam
CPA, CA, CBV
Manager
William Tam is a manager at Smythe Advisory, and is focused on providing valuation and financial advisory services to his clients.
