October 25, 2023
Looking Forward: Marcum’s Patrice Radogna, Christopher Kraft, and Wilson Denari wrote about the factors affecting business valuations in 2023 for The Value Examiner
The Value Examiner
By Patrice Radogna, ASA, CPA, ABAR, Partner, Co-Leader, National ESOP Practice, Christopher Kraft, Supervisor, Advisory Services & Wilson Denari, Manager, Advisory Services
Excerpt:
The business valuation community has grappled with unprecedented challenges and opportunities in the past few years. We have seen a whirlwind of macroeconomic factors, from lingering uncertainty in U.S.-China relations and Russia’s relentless war in Ukraine to frenetic post-COVID-19 M&A activity. Amidst these global events, domestic concerns—including supply chain disruptions, labor shortages, soaring inflation, and tightened underwriting criteria at financial institutions—have further complicated the valuation landscape.
