Southard Financial
Business Appraisal Services

Business Appraisal Services

 

Privately held and publicly traded companies of all sizes, types and industries rely on Southard Financial for business appraisals.

  • Our industry expertise encompasses manufacturers, distributors, wholesalers, retailers, construction companies, real estate companies, business services, personal services, and professional practices (medical, legal, accounting, etc.).
  • We are experienced at valuing pass-through entities such as general partnerships, family limited partnerships (FLPs), limited liability companies (LLCs), and similar entities for gift and estate tax planning and other purposes.
  • Community banks and other financial institutions have been a key industry focus for Southard Financial since our founding in 1987.

For more information about our business appraisal services, please explore the links on the sidebar menu.


Corporate Transactions

The professionals of Southard Financial provide sound advice and assistance to business owners, shareholders, and financial advisors involved in corporate transactions. You can turn to us when you need valuations for S-corporation elections, redemptions or repurchases, stock offerings, going private/going public transactions, issuance of non-voting stock, issuance of restricted stock, and sale or divestiture of divisions or subsidiaries.


Employee Ownership

Each year, Southard Financial performs hundreds of valuations related to employee stock ownership plans including ESOPs, KSOPs, and 401(k)s, employee stock options, profit sharing plans, incentive stock options, and non-qualified stock options. Our experts understand the unique challenges presented by stock-based compensation, including regulatory issues, and are fully prepared to assist you in appraisal and related matters.


Estate and Gift Tax

Clients turn to Southard Financial for well-documented, technically sound appraisal reports for estate planning, estate and gift tax reporting, pass-through entities, charitable contributions, and transfer pricing. You can put your trust in our appraisals — which have been well received by federal and state taxing authorities — and rest assured that our principals have the experience and expertise to defend our opinions in official proceedings.


Financial Reporting

The accredited professionals of Southard Financial help organizations comply with ASC 805, ASC 350, ASC 820, ASC 718, and other regulations. Whether you need valuations for purchase price allocation, goodwill impairment testing, intangible asset valuation, stock options and equity-based compensation, or private equity portfolios, rest assured that our opinions have been accepted by compliance experts for large national and regional accounting firms, including the “Big Four.” In addition, Southard Financial provides valuation services for companies to comply with IRS Code Section 409A.


Litigation Support

The professionals of Southard Financial hold advanced degrees, accreditations, and professional designations that are acknowledged in the litigation arena, and our principals have been accepted as expert witnesses and have testified in federal, state, and local courts. You can rely on us for litigation support in cases of marital dissolutions, shareholder disputes, dissenting shareholder actions, lost profits analyses, business damages, contractual disputes, buy/sell agreements, or representations and warranties disputes.


Shareholder Transactions

When an independent third-party valuation is needed to implement agreements between shareholders, privately held companies rely on the extensive experience and expertise of Southern Financial. We can produce valuations for any transactions you are considering, including buy/sell agreements, buyouts or buy-ins, private placements, stock options, stock appreciation rights, and stock warrants.

Recent Activities

  • David A. Harris and Mark A. Orndorff spoke at the 2019 Annual Fall Conference of the New South Chapter of The ESOP Association

    David A. Harris and Mark A. Orndorff spoke at the 2019 Annual Fall Conference of the New South Chapter of The ESOP Association held in Orlando, Florida on October 16-17. They gave a presentation titled “Can Employees Really Impact Company Value?”

  • Southard Financial facilitated the sale of Memphis' own TOPS Bar-B-Q chain

    Southard Financial facilitated the sale of Memphis' own TOPS Bar-B-Q chain
  • David A. Harris and Matthew L. Jakes spoke at the 2019 Spring Workshop of the New South Chapter of The ESOP Association

    David A. Harris and Matthew L. Jakes spoke at the 2019 Spring Workshop of the New South Chapter of The ESOP Association held in Atlanta, Georgia in February, 2019 on the topic of “Valuation Appraisal Checklist – 10 Things Your ESOP Appraiser Should be Doing”

  • David A. Harris spoke at The Fall ESOP Forum of the NCEO

    David A. Harris spoke at The Fall ESOP Forum of the NCEO (National Center for Employee Ownership) held in Albuquerque, New Mexico in October, 2018 on the topic, “Communicating Valuation: Tools, Tips, and Examples”.

  • Southard Financial negotiated the sale of and was the exclusive financial advisor to Southern Systems, Inc.

    Southard Financial negotiated the sale of and was the exclusive financial advisor to Southern Systems, Inc.
  • David A. Harris spoke at the 2018 Annual Fall Conference of the New South Chapter of The ESOP Association

    David A. Harris spoke at the 2018 Annual Fall Conference of the New South Chapter of The ESOP Association held in Birmingham, Alabama in September, 2018. He led a workshop called “The People’s Roundtable Interactive Workshop – A series of ‘Build to Last’ activities that focus on developing successful communication and team building programs for employee owners of all generations.” Speakers included Dolores Lawrence, Blue Ridge ESOP Associates; Lindsay Baublitz, SCandH Capital; David Harris, Southard Financial LLC

  • Mark A. Orndorff spoke at the ESOP Nuts & Bolts Seminar of the NCEO

    Mark A. Orndorff spoke at the ESOP Nuts and Bolts Seminar of the NCEO (National Center for Employee Ownership) held in Indianapolis, Indiana in August, 2018 on the topic of “What’s Your Company Worth? – ESOP Valuation.”

  • Southard Financial helps Transnetyx expand with growth capital

    Southard Financial helps Transnetyx expand with growth capital
  • Mark A. Orndorff spoke at the American Booksellers Association Winter Institute

    Mark A. Orndorff spoke at the American Booksellers Association Winter Institute 2018 held in Memphis, TN in January, 2018 on the topic of Succession Planning titled “What is Your ‘End Goal’?”

    Southard Financial is here to help with your business appraisal and transaction advisory needs.

    For responsive support and assistance, or to discuss a matter in confidence, contact us today!

    Contact Us

    iBank Tower, Suite 708 - 5050 Poplar Avenue - Memphis, TN 38157

    Phone: (901) 761-7500   Fax: (901) 761-6045