When a transaction has to be seen to be fair, you need a genuinely independent expert.
Related-party transactions, shareholder decisions, and contested deals often require an independent opinion on whether the terms are fair and reasonable. Because it holds an AFSL, Sherwood Australia can prepare independent expert reports and fairness opinions to the principles the market expects — most advisers can't.
An independent expert report exists to protect the people who aren't at the negotiating table — minority shareholders, a board, or a counterparty relying on the terms being fair. For that protection to mean anything, the expert has to be independent and appropriately licensed.
Accountants and general advisers can't provide it: an opinion on the fairness of a transaction involving securities sits within AFSL-regulated territory. Sherwood holds AFSL 563351, so we can prepare the report — and stand behind it.
Our reports are prepared in line with the independence and fairness principles set out in ASIC's Regulatory Guides 111 and 112.
Where a transaction involves a director, a substantial holder, or an associated entity and must be shown to be fair to other shareholders.
Minority buy-outs, share cancellations, and reductions that require an opinion on fair value.
Combinations where the parties, a board, or shareholders need an independent view on whether the terms are fair and reasonable.
A fairness opinion to support a board decision or resolve a contested transaction without litigation.
A clear, reasoned conclusion on whether the transaction is fair and reasonable — or an assessed range of fair value.
Every assumption and input stated and justified, prepared to APES 225 and RG 111/112 principles.
Objective market evidence and comparable transactions underpinning the valuation.
Calibrated for the board, shareholders, or counterparty who will rely on it — and able to withstand challenge.
We discuss the transaction, the parties, and who will rely on the report — and confirm our independence.
We gather the terms, financials, and documents relevant to the opinion.
We assess fair value and the fairness of the terms, documented to withstand scrutiny.
We deliver the report and support the board or parties in relying on it.
"Sherwood's valuation work brought clarity and credibility at a critical moment. Their expert report helped resolve a long-standing shareholder dispute without the need for costly litigation. It was a game-changer."
"Robust, defensible, and tailored to the reality of our situation — exactly what we needed."
"They took on a complex company most firms wouldn't touch and delivered a valuation we could stand behind."
We also act in shareholder & partnership disputes and family-law matters. See the full range of business valuation services.
Confidential, no-obligation. Boards and advisers welcome.
Tell us a little about your situation and Anthony Vago will be in touch — confidential, no obligation. Prefer to talk? Call +61 492 280 220 or email anthony@sherwoodaustralia.com.au.
