Client Testimonial
"When it came time to take our business to the next level, iComp was there each step of the way.
They helped us determine our current value, plan for a strategic merger, and work through various offers.
They provided an ease of mind that helped us focus on growing our business, knowing the terms were fair."
CEO — Regional Financial Services Firm
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What are iPeers™ and why are they so important?
iPeers are our proprietary, research backed industry classifications, which have been shown to minimize the inter-sample variance in key valuation factors. Basically, these classifications have been shown to minimize the error present in any valuation that we perform, thus leading to more theoretically sound, quantifiable, and defensible valuations.
The typical approach to developing comparable firms is to use simple SIC code (industry, sector) classifications to determine the appropriate "peer group", but this has been shown, through considerable research, to be a flawed approach.
Because comparable firms are one of the core factors underlying a quantifiable, defensible valuation, we felt that considerably more thought must be applied. The result of this thought is our cutting-edge iPeers, which, without a doubt, are one of our greatest added values to our clients.