Stephen Groves

Stephen specialises in valuing businesses and IP and in brokering deals for medium-sized businesses. 

Stephen values businesses and IP. He is well known for conducting valuations for tax, structuring and deal requirements with lots of experience preparing valuations for groups subject to elevated tax review (such as ATO Top 500 and Next 5000 program groups). He also acts as a single and shadow expert valuer for family law matters.

Stephen has been a licensed business broker for over a decade and selectively brokers business sales for medium-sized enterprises with a focus on cross-border deals. He has experience doing deals in the transport, logistics, automotive, retail, aged care and industrial service sectors.   

Stephen is one of few professionals in Australia who actively practices in both expert valuation services and deals. This means he's sometimes briefed to provide expert opinions when these areas interact. For example, determining whether a price paid for a business is equal to that business' market value.

All of Stephen's clients are referred to him, commonly from accountants and lawyers.

Valuer of Businesses and IP

Stephen has lots of experience preparing independent expert valuations of businesses, business interests and intangible assets. 

Stephen is a member of the Registered Business Valuer’s Education and Standards Committee and lectures on Advanced Financial Analysis and Bases of Value at Registered Business Valuer courses. Stephen has appeared multiple times as an expert witness in Courts within Australia regarding valuation matters and regarding the interaction of valuations, due diligence and business transactions. 

A sample of valuation engagements conducted by Stephen on a de-identified basis are outlined below:

• Supreme Court of New South Wales: Valuation of a company established to develop a rail freight terminal in regional New South Wales.
• Liquidation: Valuation of gold mine located in the Northern Territory.
• Taxation and Transaction: Valuation of large ‘yellow goods’ wet and dry hire group.
• Taxation: Valuation of four companies which together operate a group of approximately 50 building supplies outlets.
• Liquidation and restructuring: Valuation of wagering business with online platform.
• Liquidation and restructuring: Valuation of large refurbishment, redevelopment, fit out and construction services company.
• Transaction: Valuation of large wholesaler of fuel and manufacturer of fuel tanks.

Business Broker for Medium-Sized Private Businesses

Stephen selectively brokers the sale of medium-sized businesses. 

Often, Stephen helps facilitate strategic business sales for his clients, being sales to competitors, similar businesses or suppliers. Stephen often conducts cross-border deals.

A sample of some of the publicly announced deals brokered by Stephen are summarised here:

• Acquisition of Orimatech by Maytronics: Stephen advised the owners of Orimatech on the sale of their business to Maytronics [TLV:MTRN], a listed Israeli manufacturer and wholesaler of pool equipment.
• Merger of Silicon Controls and Anova: Stephen advised the owners of Silicon Controls, an Australian-based provider of telemetry services to the oil and gas industry on their merger with Anova, a US-based, private equity backed industrial services provider.
• Acquisition of BaptistCare’s CareCall by The INS Group: Stephen advised BaptistCare NSW on the sale of their electronic monitoring business CareCall to medical services business The INS Group.
• Merger of Hunt & Hunt with Cappello Rowe: Stephen advised the Partners of Cappello Rowe, a law firm with multiple locations within New South Wales, on their merger with national law firm Hunt & Hunt.

Working With Stephen

All of Stephen's clients are referred to him. Stephen likes meeting complementary professional practitioners in person and working with them to achieve strong client outcomes. Professional practitioners looking to brief Stephen or refer clients can contact Stephen to arrange a meeting.