Valuation Services

Whitehawk Advisory provides expert valuation and strategic advisory services for business owners, investors, and legal or financial professionals. Our core offerings include:

• 409A Valuation: IRS-Compliant Fair Market Value of Stock Options
• Tax Purpose Valuations (Gift & Estate Tax): Valuation for IRS Form 709 and 706
• Exit Planning: Understanding value in a potential sale or investment transaction
• Recapitalization Advisory: Capital Structure Strategy and Debt/Equity Reorganization
• Litigation Support Valuation: Expert Valuations for Legal Disputes
• Purchase Price Allocation Valuation: Valuing Assets After a Business Acquisition

We combine financial rigor with personalized guidance to help you make confident, compliant, and value-driven decisions.

Valuations provide objective insight into what a business or asset is truly worth. Whether you're issuing stock options, planning an exit, gifting shares, undergoing litigation, or completing a transaction, an independent valuation ensures:

• IRS compliance and audit readiness
• Sound decision-making for owners and investors
• Clarity for estate or tax planning
• Support for litigation or financial reporting

Valuations are more than numbers—they're critical tools for strategy, compliance, and long-term success

The right valuation depends on your goal or triggering event. For example:

• 409A Valuation: Required for issuing stock options at startups or private companies.
• Gift & Estate Tax Valuation: Needed for IRS reporting when transferring ownership.
• Exit Planning: Ideal if you're considering selling your business within 1–5 years.
• Recapitalization: Useful during structural changes or investor buy-ins.

• Litigation Support: Relevant for shareholder disputes, divorce, or damages claims.
• Purchase Price Allocation: Required post-acquisition for financial reporting.

Not sure what fits? We’ll guide you during a free consultation.

Typical valuation engagements take 2 to 4 weeks, depending on the scope, complexity, and how quickly we receive necessary information. For time-sensitive needs, we offer expedited services.

While requirements vary by engagement, most valuations require:

• 3–5 years of financial statements or tax returns
• Cap table or ownership structure
• Business plan, forecasts, or key contracts (if available)
• Details on any recent transactions or equity grants
• Industry and competitive positioning (we assist with this too)

We’ll provide a tailored checklist once we understand your objectives.

All valuations are prepared in accordance with IRS, AICPA, and USPAP guidelines. We stand behind our work and provide full audit support when needed.

We specialize in 409A valuations and exit planning for venture-backed and founder-led businesses. We understand startup dynamics and tailor our process accordingly. We are also tailored to address the needs of mature companies, including exit planning, recapitalization advisory, and litigation support.

Whitehawk Advisory provides defensible valuations and expert witness services for shareholder disputes, marital dissolution, damages claims, and more.

At Whitehawk Advisory, you get more than just a valuation—you gain a strategic partner with deep expertise in both business valuation and exit planning.

Alex Klingelberger, is a leading technology investment banker who has delivered exceptional outcomes for clients since 2003. With more than:

• 400+ valuation engagements completed
• 31 M&A transactions totaling $550 million in value
• Experience across 4 continents with leading buyers and investors

Alex brings a rare blend of analytical precision and real-world deal experience. He also serves as an expert witness in complex matters involving corporate securities valuation.

Alex holds the Certified Valuation Analyst (CVA) designation and multiple securities licenses (Series 7, 24, 27, 63, and 79). He’s a proud graduate of the University of Texas at Austin, where he earned degrees in Business, Accounting, and Liberal Arts through top-ranked honors programs.

When you work with Whitehawk, you benefit from:

• Unmatched valuation and transaction expertise
• IRS, AICPA, and USPAP-compliant reports
• High-touch, responsive client service
• A partner who is as strategic as they are precise

Whether you're preparing for a transaction, navigating complex tax issues, or planning an exit, we help you understand—and unlock—the full value of your business.