We have several LP investment funds, and our CVC fund in particular, maintains investments in portfolio companies of several different sizes and stages of development. These investments range between small/mid-size startups and pre-IPO companies. It is critical to choose a qualified and experienced business valuation firm that is accepted by many highly respected accounting firms and professionals and whose work can stand up to legal scrutiny and challenges. Ever since we engaged with Teknos, we no longer had to look for another valuation firm. Teknos has always been transparent with their valuation process and has worked closely not just with us, but also with other advisors and professionals to make sure that their report, and everyone’s time, is utilized effectively. I have recommended Teknos to many professionals that I work closely with and their feedback has always been the best.
I wanted to praise the work done by Teknos with two large (for OpenGov) acquisitions in 2019. The Company was new to this process and the related accounting rules. Teknos understood that as a private VC-backed company, we needed a little more hand holder during this process. They provided great value add by walking us through a couple of important technical accounting areas. They were very responsive, completed their work on time and their work product was excellent. Also, no questions or concerns from our audit team.
I highly recommend them.