20 April 2016
Dubai
Reporter: Tammy Facey
Avid IP launches valuation services in Middle East
Avid Intellectual Property has entered into a partnership with UK-based specialist firm Valuation Consulting for the Middle East market.

Under the agreement, Avid IP will add a line of valuation services to its current scope of IP protection services that it offers in the Middle East, to “enable companies to make sound financial management decisions”.

As Valuation Consulting’s Middle East representative, Avid IP will provide services that focus on private equity and structured finance, assessing royalty rates for licensing, and share incentive valuations, among others.

Kelvin King, founder of Valuation Consulting, explained: “As the business environment evolves in the Middle East, valuation of businesses and shareholdings, or the intellectual property and intangible assets they own, for purposes such as equity investment and joint ventures, M&A, disposal, licensing deals, spin-outs and other needs, becomes crucial.”

“We are very pleased with the strategic partnership with Avid IP. This enables us to build upon the IP valuation master classes I have conducted in UAE over the years and to act as an extension to their existing IP services, to advise clients on valuing assets of all types and to promote good commercial decisions and the right investments and financing.”

Victor Siriani, managing partner of Avid IP, added: “This partnership reflects our desire to collaborate with companies that will add strength and versatility to our current offerings, creating the right environment that will help companies, wealthy individuals and family offices to understand the true value and exploitation potential of their businesses and assets.”

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