Business and Intangible Asset Valuation

Specializing in Valuation of Complex Enterprise and Intangible Assets

WHAT CLIENTS SAY

— CFO, Middle Market  Energy Company

“Obsidian Edge is truly an advisor, providing common-sense solutions and auditor-approved work at reasonable rates.”

PRACTICE

AREAS

FINANCIAL REPORTING

 

The use of fair value accounting for financial reporting is increasingly common for a variety of assets and liabilities, and the standards continue to evolve and become more complex every day. Companies following financial accounting and reporting standards are required to report their financial position in a transparent manner so that assets are consistently stated at fair value.

 

  • Purchase Price Allocation (ASC 805)

  • Goodwill and Indefinite-Lived Asset Impairment (ASC 350)

  • Long-Lived Asset Impairment (ASC 360)

  • Stock-Based Compensation (ASC 718)

  • Fresh Start Accounting (ASC 852)

ASSET-BASED LENDING

 

Obsidian Edge is the exclusive consultant to the Tiger Group for Corporate Valuation Services in Asset-Based Lending. We specialize in the valuation of intellectual property and recurring revenue streams for collateral lending purposes. 

 

  • Trademarks / Trade Names

  • Patents

  • Customer Lists

  • Lease Streams associated with Rental Equipment

  • Customer Routes

TAX

 

The increasing scrutiny placed by taxing authorities in the U.S. on issues related to fair market value create the need for an independent valuation. Proper recording of the value of assets and programs can have a significant impact on tax liabilities for companies, their officers, and their employees.

 

  • Purchase Price Allocations (IRC §1060)

  • Legal Entity Valuations (IRC §351 and §355)

  • Related Party Intellectual Property Transfers (IRC §367(d))

  • Non-Compete Agreements (IRC §280G)

  • NOL Limitations and Built-in Gains (IRC §382)

  • Deferred Compensation (IRC §409A)

  • Like-Kind Exchanges (IRC §1031)

  • C to S Conversions (IRC §1374)

  • Gift and Estate Tax

 

OUR VISION

Obsidian Edge is a specialized consulting firm focused on the valuation, financing, and transaction of specialized assets. We partner with clients such as public and private companies, accountants, private equity firms, and lenders to address their pre- and post-transactional needs. 

 
Bringing Cutting Edge Knowledge To the Forefront

Obsidian Edge professionals are regularly asked to shed light on complex assets. We work with executive management teams to extract knowledge from the operating frontier and distill this information for use in financial reporting, tax, and lending. Our professional and personable style, coupled with a thoughtful work product, has earned us a reputation as trusted advisors to our clients.

 
Inspiration at the Edge

We are inspired by our clients. Every engagement is an opportunity to build on our reserve of specialized knowledge, as we learn from the numerous entrepreneurs and capital providers with whom we work.  By operating with core principles of Integrity, Value Creation, Respect, and Partnership, Obsidian Edge delivers insight throughout the transaction lifecycle.

 

PARTNERS

PARTNERS

KARTHIK VASUDEVAN
MANAGING PARTNER

Tel: 415.564.1572

Karthik@theObsidianEdge.com

As a corporate valuation consultant to asset-based lenders and equity sponsor groups, Karthik focuses on identifying and quantifying lendable value in intangible assets and other asset classes in middle market companies spanning a myriad of industries. He also advises on the purchase, sale, and financing of intangible assets.

 

Previously, Karthik was a co-founder of Great American Group's Corporate Valuation Services group. Prior to that, he was a principal of a Chicago-based fundless sponsor team that originated and closed the carveout of an apparel company from a major conglomerate. Before that, he co-led Hilco Enterprise Valuation Services, LLC. He has also been an investment banking associate with Soundview Technology Group and worked in research and development, process engineering, marketing, and sales with Goodyear Chemical, a division of the Goodyear Tire & Rubber Company.

 

Karthik holds an MBA from the Kellogg School of Management at Northwestern University and a bachelor of science in chemical engineering from Carnegie Mellon University.

JEFF RUETTIGER, CFA, CPA
PARTNER

Tel: 312.952.5169

Jeff@theObsidianEdge.com

A seasoned valuation consultant, Jeff has prepared numerous valuations for large and small businesses, for various purposes, including financial reporting, tax, management planning, lending, corporate restructuring, M&A and strategic decision-making.

 

Prior to Obsidian Edge, Jeff served as Great American Group's financial valuation practice leader for the Midwest and Northeast regions. Before Great American Group, Jeff was a vice president in Duff & Phelp's Valuation Services group where he performed valuations for financial reporting and gift and estate tax purposes. Jeff has served as a member of Hilco Enterprise Valuation Services, LLC, and as a financial consultant at Deloitte and Arthur Andersen. He has also been a technology consultant for a software startup designing and implementing enterprise CRM systems. 

 

Jeff holds an MBA from the University of Notre Dame, a master of accountancy from the University of Tennessee and a bachelor of science in accounting from Bradley University. Jeff is also a CFA charterholder and certified public accountant.

CONTACT

National Leadership

San Francisco

Karthik Vasudevan

Managing Partner

415.564.1572

Karthik@theObsidianEdge.com

Chicago

Jeff Ruettiger

Partner

312.952.5169

Jeff@theObsidianEdge.com

For any inquiries, please contact us at one of the emails above.

 
 

© 2016 by OBSIDIAN EDGE, LLC