MPA’s senior staff have decades of experience in advising public and private company boards, trustees, and regulatory bodies in complex and often controversial situations.
We provide written fairness opinions, expert evidence reports and related testimony, and both formal and ad hoc valuation reports, all on flexible commercial terms designed to align our interests with yours.
While our work fits within traditional industry practice, we’re usually asked to do deeper dives and adapt our work to highly specific scenarios. MPA is often the first call for complex deals – a market segment that does not fit the big bank or accounting firm model.
Our fairness opinions serve as critical governance tools, providing boards of directors, special committees, and stakeholders with the independent analysis needed to evaluate complex transactions. With over two decades of experience, MPA has established itself as a trusted provider of objective financial opinions across diverse sectors and transaction types.
We provide fairness opinions for:
Including sales, recapitalizations, and management buyouts, where shareholder protections or fiduciary review are required.
Involving mergers, take-private offers, or related-party dealings.
For material related-party transactions governed by Multilateral Instrument 61-101, often required by special committees and public boards in Canada.
Fairness assessments under the Canada Business Corporations Act (CBCA), especially in distressed company restructurings or plans of arrangement.
Evaluating whether creditors or stakeholders are better off under a proposed restructuring or transaction versus the alternative (e.g., liquidation).
MPA provides independent expert opinions for complex disputes, regulatory matters, and court proceedings where rigorous financial analysis is required. Drawing on decades of transaction, valuation, and restructuring experience, our senior advisors prepare expert evidence reports and deliver testimony that withstands legal, regulatory, and commercial scrutiny.
Our expert opinion services include:
MPA’s experts have served in court-qualified roles and bring a deep understanding of the standards expected by Canadian regulators, courts, and capital markets.
Our systematic approach to fairness opinions and valuations ensures comprehensive analysis and clear communication throughout the engagement. Each step is designed to deliver maximum value while meeting your specific timeline requirements.
Morrison Park’s independent business valuation services combine rigorous analytical frameworks with deep market expertise. Our methodology ensures objective, defensible valuations that stand up to scrutiny from stakeholders, regulators, and courts.
Comprehensive discussion to understand the transaction structure, objectives, timeline, and specific requirements for the fairness opinion.
Gathering of financial statements, projections, market data, and comparable company information necessary for thorough analysis.
Comprehensive valuation analysis using DCF, comparable companies, and precedent transactions methodologies.
Preliminary findings presentation for client review, allowing for feedback and clarification before finalization.
Delivery of the final fairness opinion with comprehensive supporting documentation and presentation to relevant stakeholders.