Tim Laas is a Managing Director with Alvarez & Marsal and leads the Valuation Practice in Germany. He brings 15 years of experience in valuation and transaction services. As a result of this, he has been a subject matter expert in giving valuation, transaction and dispute advice for more than a decade. He has worked with clients in a wide range of sectors with the focus in automotive, chemical, (renewable) energy, financial services, and telecommunication industry for corporate and private equity clients.
Dr. Laas has carried out valuations for various purposes such as valuations for transactions, financial reporting, group reorganizations, purchase price allocations, impairment tests, squeeze outs, domination and profit and loss transfer agreements, and management participation plans.
Dr. Laas has advised his clients on national and international mergers where he carried out the business valuations and the purchase price allocations. He has a broad experience in regulated valuation for tax and financial reporting purposes (IFRS, US GAAP and German local GAAP).
Prior to joining A&M, Dr. Laas was a Senior Manager in EY’s valuation group and Senior Vice President with Houlihan Lokeys Financial Advisory Practice in Germany. He is a frequent guest speaker on valuations and has published articles and books on topics such as valuation techniques considering risk and valuations for tax and accounting purposes as well as articles on the determination of damages.
Dr. Laas earned a master’s and a doctoral degree from the University of Mannheim. He holds the designation of Chartered Financial Analyst and passed the German Wirtschaftsprüferexam in 2007. He is a member of the German Chamber of Certified Public Accountants (Wirtschaftsprüferkammer), the German Institute of Chartered Accountants (IDW), and the German Institute for Arbitration (DIS). Tim Laas educates judges and state prosecutors on business valuation and damage quantification.
The calculated German market risk premium (MRP) represents a real time reflection of investors’ current risk appetite reflecting German capital market data and analyst forecasts. MRP increased due to declining stock prices and consensus estimates. However, the stock market prices are more robust than expected. Analysts predict an impending recession and slump in growth including a decline in earnings for 2020.
Sicherlich der weiter rasante Preisanstieg im Private-Equity-Sektor. Die Investitionen, die in deutsche Unternehmen getätigt wurden, zeugen von hohen Erwartungen an die zukünftige Entwicklung der Unternehmen oder einfach von einem enormen Druck, Transaktionen realisieren zu müssen.
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