As part of our outdoor industry focus, Compass Advisors served as the sell-side transaction advisor to BRS & Co. in the sale of Evolv, a climbing and lifestyle shoe company headquartered in Los Angeles, California. Evolv was acquired by the Oberalp Group which owns Salewa, Dynafit, Pomoca, and Wild Country. The full press release is below. Congratulations to both of these companies, and we wish them the best as they climb to new heights together!
Are your Independent Contractors Really Employees?
In 2013, The Internal Revenue Service went after FedEx in a big way. The IRS claimed that the individuals who apparently owned and operated a FedEx Ground route were actually employees of FedEx and not independent contractors as FedEx claimed. If the IRS had won this battle, it would have cost FedEx many millions of dollars, not only in back taxes, but also...
How is your Corporate Social Responsibility? (CSR)
The Role of an M&A Advisor
Is Your Normalized P&L Statement Normal?
Do the Financials Tell the Whole Story?
Crunching numbers from financial statements should be enough to provide a realistic picture of what a company is worth, right? The data says no! Market research and our experience in the M&A market indicates that a company's value is based on the financial performance and the company's specific risk factors.