Goodwill Remeasurement

VIP SOLUTIONS CASE STUDY

BACKGROUND

Within the measurement period (1 year of acquisition), our client required re-measurement of goodwill by virtue of valuation adjustments to acquired assets and conveyed liabilities.

OBJECTIVES

VIP Solutions Case Study

Evaluate losses incurred which were attributable to assets acquired and measured in the PPA.

VIP Solutions Case Study

Evaluate subsequent collections applicable to acquired assets.

VIP Solutions Case Study

Identify inventory impairments for excess, aged, damaged, obsolescense, and LCM for applicable to acquired assets.

VIP Solutions Case Study

Identify expenses incurred attributable to the period prior to acquisition and not measured in the PPA.

SOLUTIONS

VIP Solutions Case Study

Accumulated supporting documentation and developed analyses to support our positions to management and auditors on recommended adjustments.

VIP Solutions Case Study

Prepared memo communicating background, analysis, adjustments, methodology and conclusions.

VIP Solutions Case Study

Successfully argued our position of identifying, evaluating and quantifying adjustments within the measurement period.

Identified over $5M of goodwill adjustments
which would otherwise have been recorded to EBITDA.
This protected $40M of enterprise value.