Strategic partnership with Valuation Consulting sees SIA Group expand its reach in Intangible Asset Valuation and Disposal
Leading independent asset valuation, advisory and disposal specialist, SIA Group, has announced a strategic partnership with leading intellectual property and company valuation specialists, Valuation Consulting Co Ltd.
Valuation Consulting are award winning global leaders in the field of intellectual property valuation, including trademarks, patents, copyright, design and image rights, as well as intangible assets, such as brands.
The Valuation Consulting team has many years’ experience of working within the UK Government’s share and intellectual property valuation division, Big 4 accounting firms and investment banks, and has an impressive worldwide client base, that includes Government and State Enterprises, 20th Century Fox, Coca Cola, JVC, Mitsubishi, Mars and Sony to thousands of SME’s.
Intellectual property and intangible assets are becoming increasingly acknowledged as the dominant asset of most companies. As a result of robust and highly tested valuation methodologies, they are gaining prominence as a secure asset class for asset based lenders.
The strategic partnership between SIA Group and Valuation Consulting sees both companies working closely together as preferred project partners and pooling knowledge and resource to further the field of intellectual property and intangible assets valuation and disposal for secured lending and distressed sale purposes.
Kelvin King, Managing Director, Valuation Consulting, FRICS, Founder of the UK’s Society of Share and Business Valuers, and author of both the recent UK Government Report ‘Banking on IP’ and RICS Red Book in respect of business and intangible asset valuation, said;
“Intangibles account for as much as 80% of corporate worth today. We have been privileged to work closely with SIA on a number of projects and have found we share a deep common interest in furthering the field of ensuring intangible assets have their rightful prominence in the valuation of company worth and restructuring and realising value for creditors.”
Paul Craig, Managing Director, SIA Group, said;
“Asset Based Lenders are beginning to realise the potential funding value against trademarks, patents, domain names and other intellectual property, such as copyright and design right (“IP”), and it’s only matter of time before this asset class is secured and monitored in its own right. Additionally if an IP intensive company faces financial distress, IP may be amongst the most valuable assets remaining to maximise realisation.”
Paul added;
“Our strategic partnership with Valuation Consulting ensures that we can provide accurate and well researched IP valuations and disposal advice to ensure clients can make an informed decision in leveraging and recovering value from these very important assets. It’s very much a case of the intangible becoming tangible.”