Trevor Greenway, Co-Founder & CEO Business valuations provide a comprehensive analysis of a company’s worth, enabling stakeholders to make well-informed decisions and drive growth. Engaging expert valuation services grants businesses a thorough comprehension of their value, empowering them to make prudent decisions that stimulate expansion, manage risks, and optimize overall worth. This is where interVal steps in, offering innovative solutions to democratize access to valuation in a seamless and automated fashion. Founded on the premise of bridging the gap between business owners and their financial advisors, interVal has revolutionized how accounting firms, banks, and wealth management firms interact with their clients.
“We believe the valuation process is a fundamental right for all business owners, rather than a luxury reserved for a select few,” says Trevor Greenway, Co-Founder & CEO of interVal. One of the primary challenges business owners face is the lack of time and resources to dedicate to valuation. Founded by industry veterans who drew on their experience in M&A firms and a deep understanding of industry challenges, the interVal team addresses the need for a more accessible and streamlined approach to valuation; one that prioritizes transparency, efficiency, and empowerment. This empowers business owners to better understand their company's value drivers, identify growth opportunities, and mitigate risks.
By embedding their valuation and business health feedback systems into the year-end process, interVal enables accountants and advisors to become proactive during client meetings. This integration not only saves time but also enhances human capital, which is crucial in an era marked by declining workforce participation in the accounting profession. interVal's platform acts as a conduit, surfacing valuable insights and opportunities for accountants and advisors to focus on areas where human expertise is most impactful. On the other hand, interVal democratizes access to critical information for business owners, providing them with actionable insights into their business's strengths, weaknesses, and growth potential. Through its automated valuation and business health metrics, interVal empowers business owners to make informed decisions on a day-to-day basis, ultimately driving business growth and value enhancement.
Key to interVal's success is its customer-centric focus, which prioritizes the needs of business owners and their advisors. The company integrates its valuation tools seamlessly into existing workflows by partnering with accounting firms and financial advisors, empowering advisors to deliver proactive guidance and support to their clients. One such instance was when a client of an esteemed accounting firm approached interVal for a manufacturing business’s valuation. The company received valuable information regarding their financial status, discovering that their enterprise value is approximately $8.7 million. interVal's system also detected significant factors, such as excess working capital that exceeded industry standards. With this knowledge in hand, the business was able to chart a clear path for growth, setting ambitious valuation goals and timelines. interVal's software also uncovered a concerning trend of margin erosion despite significant revenue growth in recent years. This revelation catalyzed proactive discussions between the business owner and their advisor, laying the groundwork for strategic business improvements.
We believe the valuation process is a fundamental right for all business owners, rather than a luxury reserved for a select few
The collaborative efforts between the advisor and the business owner, fueled by interVal's insights, produced remarkable results. Over a two-year period, the business experienced a 40 percent growth trajectory. By aligning strategic initiatives with valuation insights and guiding the business toward its growth objectives, the advisor also maximized their value proposition. Client success stories are possible because of interVal's team of experienced CPAs and financial experts. Their role in understanding client needs and providing expert perspectives has been instrumental in driving the company forward.
Looking ahead to 2024, interVal is poised for further expansion, having already made strides into the US market. With a global outlook, the company aims to address the universal challenge of time constraints in client-advisor relationships. By modernizing the way advisors access and take action on financial data and empowering business owners to maximize the value of their assets, interVal epitomizes the essence of win-win solutions in the financial ecosystem.
