Top Business Valuation Companies in Lagos, Kano, Nigeria

The business valuation industry in Nigeria is relatively smaller compared to more developed economies, but there are still several companies that provide valuation services in the country. Here are some of the notable business valuation companies in Nigeria:

Aviaan Accounting (Business Valuation Consultancy in Nigeria)

1. Services:
– Business Valuations
– Intangible Asset Valuations
– Purchase Price Allocations
– Impairment Testing
– Financial Modeling
– Transaction Advisory

2. Industries Served:
– Financial Services
– Manufacturing
– Oil and Gas
– Telecommunications
– Real Estate
– Technology

3. Valuation Methodologies:
It employs various industry-standard valuation methodologies, including:
– Discounted Cash Flow (DCF) Analysis
– Market Approach (Comparable Companies/Transactions)
– Asset-Based Approach
– Option Pricing Models

4. Accreditations and Memberships:
– International Valuation Standards Council (IVSC)
– Nigerian Institute of Estate Surveyors and Valuers (NIESV)
– Institute of Chartered Accountants of Nigeria (ICAN)

PricewaterhouseCoopers (PwC) Nigeria (Business Valuation Firm in Nigeria)

1. Valuation Services Offered:
PwC Nigeria provides a comprehensive range of valuation services, including business valuations, intangible asset valuations, purchase price allocations, impairment testing, and valuations for financial reporting purposes, tax planning, mergers and acquisitions, and litigation support.

2. Industry Expertise:
PwC Nigeria has developed industry specializations and dedicated teams focused on key sectors in the country, such as oil and gas, financial services, consumer and industrial products, and technology. This industry expertise allows them to provide tailored valuation services and insights.

3. Experienced Professionals:
The valuation team at PwC Nigeria consists of experienced professionals with diverse backgrounds, including chartered accountants, certified public accountants, and valuation specialists with various industry qualifications and accreditations.

4. Valuation Methodology:
PwC Nigeria follows internationally recognized valuation methodologies and standards, including those set by the International Valuation Standards Council (IVSC) and the RICS Valuation Global Standards.

5. Global Network Support:
As part of the global PwC network, PwC Nigeria’s valuation practice can leverage the firm’s global resources, expertise, and experience in complex valuations and cross-border engagements.

6. Integrated Services:
PwC Nigeria offers a range of complementary services, such as transaction advisory, corporate finance, and due diligence, which can be combined with their valuation services to provide comprehensive solutions to clients.

Deloitte (Business Valuation Firm in Nigeria)

1. Services:
– Business Valuations
– Intangible Asset Valuations
– Financial Modeling
– Valuation for Financial Reporting
– Valuation for Tax Planning and Compliance
– Valuation for Mergers and Acquisitions
– Valuation for Dispute Resolution

2. Industries Served:
Deloitte serves clients across a wide range of industries in Nigeria, including:
– Financial Services
– Energy and Resources
– Consumer Business
– Technology, Media, and Telecommunications
– Manufacturing
– Public Sector

3. Valuation Methodologies:
Deloitte employs various industry-standard valuation methodologies, such as:
– Discounted Cash Flow (DCF) Analysis
– Market Approach (Comparable Companies/Transactions)
– Asset-Based Approach
– Option Pricing Models
– Relief from Royalty Method

4. Global Network:
As part of the Deloitte global network, the Nigerian valuation practice can leverage the expertise and resources of Deloitte’s valuation specialists worldwide, ensuring access to industry-specific knowledge and best practices.

5. Professional Accreditations:
Deloitte’s valuation professionals in Nigeria hold relevant professional accreditations, such as:
– Chartered Accountants (ICAN)
– Certified Public Accountants (CPA)
– Certified Valuation Analysts (CVA)
– Accredited Senior Appraisers (ASA)

6. Quality and Risk Management:
Deloitte emphasizes quality control and risk management in its valuation practice, adhering to international valuation standards and maintaining robust internal review processes.

KPMG (Business Valuation Firm in Nigeria)

1. Services:
– Business Valuations
– Intangible Asset Valuations
– Purchase Price Allocations
– Impairment Testing
– Valuation for Financial Reporting (IFRS, NGAAP)
– Valuation for Tax Planning and Compliance
– Valuation for Mergers and Acquisitions
– Valuation for Dispute Resolution

2. Industries Served:
KPMG’s valuation practice in Nigeria serves clients across various industries, including:
– Financial Services
– Energy and Natural Resources
– Consumer Markets
– Technology, Media, and Telecommunications
– Industrial Markets
– Public Sector

3. Valuation Methodologies:
KPMG employs a range of industry-standard valuation methodologies, such as:
– Discounted Cash Flow (DCF) Analysis
– Market Approach (Comparable Companies/Transactions)
– Asset-Based Approach
– Option Pricing Models
– Relief from Royalty Method

4. Global Network:
As part of the KPMG global network, the Nigerian valuation practice can leverage the expertise and resources of KPMG’s valuation specialists worldwide, ensuring access to industry-specific knowledge and best practices.

5. Professional Accreditations:
KPMG’s valuation professionals in Nigeria hold relevant professional accreditations, such as:
– Chartered Accountants (ICAN)
– Certified Public Accountants (CPA)
– Chartered Financial Analysts (CFA)
– Accredited Senior Appraisers (ASA)

6. Quality and Risk Management:
KPMG places a strong emphasis on quality control and risk management in its valuation practice, adhering to international valuation standards and maintaining robust internal review processes.

KPMG’s valuation practice in Nigeria is recognized for its technical expertise, industry knowledge, and ability to handle complex valuation assignments for clients ranging from large corporations to small and medium-sized enterprises across various sectors.

Frequently Asked Questions

Q: How much does a business valuation cost?

A: The cost of a business valuation can vary widely depending on the size and complexity of the company, the purpose of the valuation, and the valuation firm’s fees. Typically, valuation fees are based on hourly rates or a fixed fee arrangement.

Q: Can a business valuation be challenged?

A: Yes, business valuations can be challenged, particularly in the context of litigation or disputes. In such cases, a third-party expert may be engaged to review and potentially rebut the original valuation.

Q: What other advisory services do they offer?

In addition to valuation services, many top firms offer complementary advisory services, such as transaction advisory (e.g., mergers and acquisitions, fairness opinions), litigation support, and financial advisory services, leveraging their valuation expertise and industry knowledge.