Business Valuation Services

Hageman, Stansberry & Associates is the most active mergers and acquisitions firm in the rental business today, regularly closing transactions on behalf of buyers and sellers. We attribute our success to our philosophy of serving as true intermediaries—finding a price that is fair to both buyer and seller in today’s marketplace.

At HS&A, we know the rental industry—it’s our only business. Over the course of our careers, we have seen and analyzed over 2,500 rental businesses from coast-to-coast. Our primary services are selling, buying and valuing rental companies.  The partners of HS&A have handled over 100 Rental Industry transactions with a total value of over $1 billion. We’ve elected to focus strictly on rental because it is an ever changing industry and to be experts in our field we cannot dilute ourselves with other industries like many other business valuation “experts” do.

Pricing for rental industry acquisitions has changed dramatically over the past few years, and can change in the period of just a few months.  No longer is EBITDA the primary measure for valuing a rental business.  There are many other factors unique to individual companies and situations.

We have developed our own proprietary system for valuing rental businesses that includes a number of tangible and intangible factors. Factors such as product mix, asset value, competitive intensity of a particular market, market demographics, fleet age and revenue trends, are combined with many others to place a true value on a rental company. We have been called upon to value rental businesses in cases such as partnership disputes, divorces, estate planning, succession planning and for strategic evaluation purposes, including a potential sale.

Our business valuation services are very comprehensive and include certain measurements or “metrics.” With these metrics we will illustrate how your company compares to other “well run” rental companies around the country. We also “weave” certain consulting suggestions throughout the report that we believe will enhance your business and increase its worth.

Among other things, our valuation services include:

• An on-site visit by either Gary Stansberry or Fred Hageman to view the business first-hand.

• A comprehensive professionally written report detailing our methods, financial models and reasoning concerning the Fair Market Value of the business. The reports we’ve published have been highly regarded by industry veterans.

• A follow-up conference call to discuss the report in full detail with you (and your advisors, if necessary).

Call Gary Stansberry at (817) 563-6882 or Fred Hageman at (530) 672-1885 for a free confidential consultation.