50-year old multi-generational family owned iconic marine business is desirous of determining best course of action given the absence of a satisfactory succession plan. The business had just suffered through the Great Recession and had multiple locations stateside and off shore. Walter Duke + Partners were challenged with helping the family determine current and forecasted real estate and business valuations and provided suggested courses action.
By the use of complex financial models and deep knowledge of the marine industry the real estate and business valuation professionals at Walter Duke + Partners were able to provide the family with a comprehensive understanding of the value of the overall company and each of the components that comprise the overall going concern of all facilities.
Walter Duke + Partners not only provided the family with a clear understanding of all current asset and business valuations but through the use alternative methods and approaches the family was able to best position company assets and alter current practices to put the company in the best position to achieve maximum results.