Sherlock Company provides advice to firms considering investment or divestiture in something less than a controlling interest in health plans. Valuations of such firms have special challenges relating to the limitations on the investor to control the enterprise in which he/she invests. Below we summarize examples of some of the projects that we have completed for our clients.
Sherlock Company was retained by major private investor considering investment in a major publicly traded health plan. We were asked to complete a due diligence of the business, evaluate the business and suggest pricing for an ownership interest in it. We also calculated the expected return of the business to the investor. While our bid was finally not sufficiently high to be accepted, the winning bid resulted in a significant write-off in the following months.
Sherlock Company was retained by a medical group which had secured the right to own a portion of a connectivity company in exchange for the forgiveness of debt. Sherlock Company provided valuation assistance and due diligence on this opportunity. The transaction was completed at a value substantially more favorable to the medical group than was realized six months later at the time of the sale of the business in its entirety.