Valuation Expertise Provides Clarity on Firm Value for Bollig Engineering
Industry-Specific Approach and Benchmarking Empower Strategic Decision-Making
Bollig Engineering, a 37-person firm in Minnesota specializing in utility and infrastructure needs for small cities, sought an objective partner to guide their valuation process as they brought on new owners.
Founded in 2007, Bollig Engineers had recently transferred 6% of ownership and needed a valuation to facilitate bringing on new owners. The firm required an objective partner to guide them through this transition.
Solutions & Impact
SN’s Valuation & Modeling team applied an industry-specific approach, working closely with Bollig Engineering’s owners to tailor the valuation to their unique situation. The valuation report also included financial benchmarking, a powerful tool that:
- Identified key performance drivers that most influenced the firm’s value.
- Provided valuable insights into the firm’s strengths and weaknesses.
- Empowered the firm to set informed future goals.
Testimonial
“Thank you for guiding us through this process. We learned we were stronger than we thought and now have a clear understanding of the actions that contribute our firm’s value” — Brian Bollig, Principal Engineer, Bollig Engineering