06
BDOVALUATIONS
BDOVALUATIONS
07
BELGIUM
BELGIUM
Valuation analysis of The Huggy’s Bar group
Founded in 2012 by two Belgian entrepreneurs, The Huggy’s Bar offers an 'Easygourmet' concept inspired by the American culture (with a Belgian touch) across its 10 restaurants in Belgium. In the context of a contemplated shareholding reorganisation, BDO has conducted a valuation analysis of The Huggy’s Bar group. The group employs approximately 150 full-time equivalents. Our approach consisted mainly in a Discounted Cash Flow model highlighting the group’s value drivers through a break-up analysis of its main assets (restaurants, real estate, brands). BDO understood our specific needs in depth and they successfully built a comprehensive and dynamic valuation tool that is relevant to our business and our future growth. On top of that, the teamwas a real pleasure to work with.
In the context of a contemplated contribution in kind, BDO has conducted a valuation analysis to determine the fair value of the shares of OVVI Diagnostics. OVVI Diagnostics delivers a point of care test technology to address women’s health issues through the magnetic detection technology. For our valuation works, four valuation methods have been retained, being (i) the cost approach, (ii) the Discounted Cash Flow, (iii) the Risk-adjusted Net Present Value and (iv) theVenture Capital Method. They were corroborated with market references.
Valuation of OVVI Diagnostics, a start-up in the medtech industry
Job well done with a very cooperative approach with the
many involved parties.
Jean-Patrick Voisin | Co-founder and Chairman of the Board
BDO contact for this transaction
BDO contact for this transaction
ALEXANDRE STREEL Partner alexandre.streel@bdo.be
ALEXANDRE STREEL Partner alexandre.streel@bdo.be
Thomas Mémurlin | Co-founder and Chief Executive Officer
INTERNATIONAL SNAPSHOTS 2022
INTERNATIONAL SNAPSHOTS 2022
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