Fairness opinion

What EY can do for you

EY teams can provide you with an independent fairness opinion as to whether the price to be paid or received in a transaction is fair from a financial point of view. In doing so, EY professionals can help you address the following important questions:

• Will the transaction create or destroy shareholder value as part of the merger or acquisition?
• What is the value of the target assets or equity interests?
• How does non-cash consideration such as equity, seller notes, earnouts, options and other complex financial instruments affect the transaction value? 
• How do risks, synergies and other growth opportunities impact the transaction economics?
• Is the transaction accretive or dilutive?
• How do the transaction structure, tax attributes and contingencies impact deal value?

How EY professionals are different

• Insightful, rigorous and independent analysis: An EY fairness opinion provides a thorough analysis of the target, as well as the value of any noncash consideration such as seller notes, equity interests, earnouts and other complex financial instruments.
• Dedicated fairness opinion team: Knowledgeable professionals who concentrate on fairness opinions, including senior partners and thought leaders who are at the forefront of legal developments and governance trends.
• Transaction advisors recognized across the globe with dedicated sector professionals: 18,000+ EY transaction professionals, including 3,500+ valuation professionals, around the world combining local market knowledge with sector experience to provide exceptional client service.
• Broad suite of transaction capabilities: EY professionals can leverage the findings and skill sets of strategy, financial, tax, commercial, cyber, human resources and other diligence teams that are advising on the transaction.

Frequently asked questions