The Brown Smith Wallace Transaction Advisory and Litigation Support (TALS) Services team works with clients nationwide, including publicly traded and closely held companies, law firms, private equity firms, investment banks and venture capital firms. Our TALS professionals are committed to providing highly skilled analysis and defensible opinions related to the following service lines:
- Transaction Advisory
- Acquisition services
- Due diligence and quality of earnings
- Opening balance sheet
- Operational consulting services
- Accounting, audit and tax strategies
- Exit services
- Exit planning
- Calculation of value (Note: A calculation of value performed in the Transaction Advisory context is a consulting arrangement, and is not an Appraisal, as defined by the Uniform Standards of Professional Appraisal Practice.)
- Evaluation of financial statements
- Due diligence and quality of earnings
- Market business for sale
- Additional transaction services
- Working capital disputes
- CFO advisory
- Turnaround services
- Acquisition services
- Business Valuation Services
- Tax planning and compliance
- Strategic planning
- Transaction planning
- Financial reporting
- Litigation Support
- Expert testimony
- Civil litigation
- Business interruption
- Fraud Investigation
- Quantification of damages
- Insurance claims assistance
- Expert testimony
- Forensic accounting and investigation
- Fraud data analysis
Clients typically hire Brown Smith Wallace when an independent, objective opinion is required. We provide high quality, well-supported analysis that is often subject to review and scrutiny by various parties. This may include independent audit firms; banks and other lenders; regulators, such as the Securities and Exchange Commission; tax authorities, including the Internal Revenue Service; boards of directors; shareholders and potential investors; and triers of fact, including judges, juries and arbitrators.
No matter the service provided, the engagement purpose, or the size of the client, our work is firmly rooted in our commitment to excellence. Our ability to provide high quality analysis is supported by the deep and varied experiences of our personnel. Our project management skills, business savvy and technical acumen draw from experiences not only at Brown Smith Wallace, but also from our prior work experience at Big 4 accounting firms, national valuation firms, multinational corporations and academia.
We maintain a high level of expertise in our practice areas by keeping a pulse on the ever-changing business environment impacting our services and devoting time to continued professional education and development. Our professionals hold certifications and accreditations in public accounting, financial analysis, valuation, fraud and forensic accounting, as well as advanced degrees in accounting, finance and business administration. The credentials our team members hold include:
- Certified Public Accountant (CPA)
- Chartered Global Management Accountant (CGMA)
- Certified Valuation Analyst (CVA)
- Certified Fraud Examiner (CFE)
- Chartered Financial Analyst (CFA)
- Certified Merger and Acquisition Advisor (CM&AA)
- Accredited in Business Valuation (ABV©)
- Certified in Financial Forensics (CFF©)
- Accredited Senior Appraiser (ASA)
Additionally, our team is backed by more than 300 audit, tax, advisory and niche industry experts within Brown Smith Wallace.
The executive team at our portfolio company in St. Louis asked that we use the Brown Smith Wallace Transaction Advisory team to conduct financial due diligence on one of their small add-on acquisitions. We had typically used a Big 4 firm for accounting due diligence. The professionals at Brown Smith Wallace did such a thorough job identifying issues and risks that were not identified during the letter of intent (LOI) process that we now use them on all add-on transactions for this portfolio company. They also handle all the intangible purchase accounting needs at these companies. Brown Smith Wallace does a great job learning the business before they perform due diligence and work extremely well with the seller. They are able to reassure the seller that we are a great firm to sell their privately owned business to and continue on with an ownership stake.
Karen Winterhof, Vice President
It was a pleasure to work with Brown Smith Wallace on an engagement for one of my clients. The Brown Smith Wallace team was very easy to work with – they were eager to answer my questions during the engagement and were responsive to the timing needs of my client. In addition, Brown Smith Wallace’s thorough analysis and report met the documentation needs of my client.
Greg G., Attorney
Brown Smith Wallace managed the intangible asset, real estate, and equipment valuations related to our recent acquisition. From the beginning to the end of the engagement, Brown Smith Wallace was very responsive to our questions and those of our Big 4 audit firm. Brown Smith Wallace provided a high quality report and analysis that met our needs.
Investment and Management Firm
Andy, Vice President, Corporate Development
The Transaction Advisory and Litigation Support team provides attention to detail, but remains efficient and delivers real value. That decreases my deadline worries. You know you are working with true subject matter experts, their credentials aren’t just words on a CV.
Law Firm, St. Louis, MO
Satisfied Consulting Client
Brown Smith Wallace has been our accounting firm since my business partner and I purchased the business in 1996. In 2003, they were instrumental in helping me complete my purchase of total ownership. The overall expertise they bring to a closely held organization goes far beyond audit and tax services. They are my business partner, and part of my family.
Livingston Pipe and Tube, Inc.
Ron Mueller, President & Owner
We interviewed several accounting firms when setting up our private equity firm. We ultimately chose Brown Smith Wallace because of their experienced team of transaction and tax advisors that have both private equity and public company experience. The transaction advisors at Brown Smith Wallace worked well with our attorneys and the seller’s advisors to set up the proper acquisition structure and working capital peg to acquire our first portfolio company. They also performed the financial due diligence needed to get us comfortable with the deal terms and support our financing needs.
Louis York Capital
Drew Caylor, Partner
Brown Smith Wallace has provided valuation services to our portfolio companies for several years. Brown Smith Wallace has proven that it can provide high quality services at a reasonable price, which helps us to minimize our cost of compliance related to financial reporting and tax requirements.
Jason Payne, Managing Partner
San Francisco, CA
We have worked with Brown Smith Wallace on numerous valuation engagements over the last several years. As a public company with SEC reporting requirements, it is critical that our service providers provide high quality services in a timely manner. Brown Smith Wallace delivers a high level of client service by being responsive to our questions, adaptive to changing timelines, and providing high quality technical advice and deliverables that meet our requirements.
Multinational Electrical Equipment and Components Manufacturer
Doug, Corporate Controller
Brown Smith Wallace was knowledgeable, professional, and demonstrated a sincere commitment to a high level of client service. I look forward to the opportunity to work with Brown Smith Wallace on future business valuations.
National Healthcare Services Provider
Paul, Chief Financial Officer
Brown Smith Wallace provided project management for the intangible and tangible asset valuations related to several recent acquisitions. Brown Smith Wallace was knowledgeable, professional, and demonstrated a sincere commitment to providing a high level of client service. We would not hesitate to use Brown Smith Wallace for valuation services related to future acquisitions.
Private Equity Firm
J.D., Managing Partner
We’ve worked with Brown Smith Wallace for several years. Brown Smith Wallace has demonstrated its mastery of the fair value standards and ability to explain these concepts to management. Their valuation reports have withstood scrutiny from our auditors and any of their questions have always been answered quickly and satisfactorily. Brown Smith Wallace meets our deadlines at the agreed to budget. There have been no unpleasant surprises – only good ones!
Private Equity-Backed Portfolio Company
Susan, Chief Financial Officer
Orange County, CA
I was hired to be the platform CFO for a large private equity firm executing an aggressive roll-up strategy after they had already completed three significant add-on acquisitions. I called my relationship partner in the Brown Smith Wallace Transaction Advisory practice the Wednesday night before Thanksgiving asking for help with post-closing accounting support and diligence efforts on new acquisitions. Right away they mobilized a team to help us meet our audit objectives. They also helped us execute and account for over $200M of acquisitions during the following two years I was at the Company.
Ron Moser, Former CFO
Brown Smith Wallace provided project management and technical oversight of the intangible and tangible asset valuations to meet our purchase accounting needs. Brown Smith Wallace provided a high quality work product that met our needs and their valuation opinions withstood scrutiny from our independent audit firm.
Privately Held Company
Brown Smith Wallace provided project management and technical oversight of the intangible, real, and personal property valuations related to our last two acquisitions. Based upon their performance, I would not hesitate to recommend Brown Smith Wallace’s valuation services to another company. The valuation team was quick to respond to our queries and update their analysis based upon new information. Finally, Brown Smith Wallace’s report and schedules withstood scrutiny from our Big 4 audit firm.
Publicly Traded Chemicals Company
T.S., Finance Executive
Brown Smith Wallace helped us to understand the various options available to value our internally-developed software for potential sale or license. Their recommendation of software valuation methodology was validated by our “real world” software development experience. I appreciate Brown Smith Wallace’s knowledge related to valuation and focus on recommending a scope of services that met our specific needs – even if that scope did not maximize their fees.
Software and Technology Company
St. Louis, MO
Our transaction was complex with several unique components. Brown Smith Wallace took the time to understand those elements and applied the valuation techniques that were appropriate to our situation. Their staff took time to educate us on the optional approaches to valuation so that we could make informed decisions about how to best approach the project. Their work product included a thorough explanation of our assumptions, the valuation techniques applied and a summary of their conclusions. The work was professionally performed, timely in its completion, and competitively priced. We would certainly look to engage their services again if a future need arises.
Speedy Cash Holdings Corp.
Doug Maxwell, Chief Financial Officer
The Brown Smith Wallace team did a superior job on the transaction. They made us feel like they were a part of our company and working with us to help maximize the value on the sale. The team not only had the expertise to match up against a Big 4 accounting team on the other side, but they supported their work through assistance in negotiations to make sure we received a fair deal. We could not have achieved these results without them.
Trilogy Warehouse Partners
Hilton Kahn, Partner
The Transaction Advisory team at Brown Smith Wallace helped us prepare for the sale process and identify tax structuring strategies to maximize the sale proceeds. Our decision to go with an out-of-state firm was driven by the responsiveness, flexibility and seasoned team of professionals at Brown Smith Wallace who have real-world transaction experience on both the transaction and tax side. From their responsiveness on weekends, early mornings and late nights, to their willingness to meet at our facility to help us learn more about their practice, the team at Brown Smith Wallace exceeded our expectations.
Alpha Energy Solutions
Joe Rhodes, Owner
The efficiency I experience with Brown Smith Wallace decreases my deadline worries. They deliver real value.
We have been an audit and tax client of Brown Smith Wallace for many years. When we were approached by a large private equity firm and their Big 4 diligence team about buying our company, we reached out to the Transaction Advisory team at Brown Smith Wallace. The transaction team served as our intermediary helping us go through the entire sale process from beginning to end, including the complex working capital negotiations and tax structuring strategies to maximize the sale proceeds. Our decision to go with our accounting firm’s transaction team was driven by the seasoned team of professionals at Brown Smith Wallace who have Big 4 and real-world transaction experience from both sides of the desk.
Bill Terry, Former Shareholder and CEO
Very savvy in litigation matters; intelligent; articulate; tough under cross-examination.
Brown Smith Wallace is more than just our accounting firm – they have been a trusted business partner for more than 10 years. They have guided us through many changes and significant growth. When we were first purchased by a private equity investor, we needed a firm that could ask the right questions to help guide us through the transition. Brown Smith Wallace earned our respect with that transition and continue to make us think about and consider different aspects of our business decisions; we have good, challenging discussions that ultimately make our business stronger. We have worked with Brown Smith Wallace through 10 bolt-on acquisitions. The firm’s deep manufacturing industry knowledge and buy and sell-side experience makes them an invaluable partner. They also helped us through recapitalization with our second private equity owner and they continue to be our trusted advisor today.
Jamie Reuter, CEO
We used Brown Smith Wallace for valuation services related to our acquisition of an e-commerce company. The Brown Smith Wallace valuation team was responsive to our requests and the project deliverables met our compliance needs.
H.C., Chief Financial Officer
Los Angeles, CA
We have had good experiences using Brown Smith Wallace for valuation services. Brown Smith Wallace has demonstrated a high degree of knowledge and expertise related to both valuation techniques and applicable fair value guidance. Whether it was updating their analysis due to new information or responding to questions from our Big 4 auditors, we appreciated their ability to respond to our needs with a real sense of urgency.
Electrical Components International, Inc.
Multinational Electrical Components Manufacturer
Jason Cattoor, Corporate Controller
- Transaction Advisory Leader Co-Presents Webinar “Reduce Risk & Preserve Value in an M&A Process with Quality of Earnings”09.23.2019
- Transaction Advisory Partner and Private Equity Industry Group Leader Co-Presents “Financing Your Company’s Growth: What Suppliers Need to Know to Secure Financing for Future Growth”06.04.2019
- Transaction Advisory and Tax Leaders Co-Present Webinar “Getting Deals Done in Today’s M&A Environment: Surviving Due Diligence to Ensure a Swift Close”02.08.2019
- Private Equity Industry and Transaction Advisory Leaders Discuss Key Steps to Simplify M&A Working Capital07.06.2018
In The News
- Jason Buhlinger Rejoins Brown Smith Wallace as a Manager in the Transaction Advisory and Litigation Support Practice12.19.2017
- Brown Smith Wallace, 03.27.2018