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Certified Valuation Analyst (NACVA)
Certified M&A Advisor (AMAA; Licensed REAA 2008)
Fealty Ltd is not a registered bank.
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Fealty
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Fealty Ltd
021-245-8881 (Bruce McGechan)
04-499-6843
Independent business valuations for shareholder buyouts, succession, and internal sales.
Fixed-price, NZ-wide, and built so both sides walk away satisfied.
Ring Bruce: 021 245 8881 | Email: bruce@fealty.co.nz
A word from Bruce
Fixed prices, published on the site
No quotes, no surprises
NZ-wide
Based in Palmerston North
Fealty Business Valuations gives New Zealand business owners an independent, fixed-price valuation for shareholder buyouts, family succession, partner buy-ins, and internal share sales. Bruce McGechan is a Certified Valuation Analyst (CVA), one of two practising in New Zealand, and the only NZ valuer with published, fixed pricing. Engagements start at $3,900.
How an MBO Actually Works
A management buyout (MBO) is the existing management team buying the company, or a controlling stake in it, from the current owner. The team usually puts in some equity, the vendor leaves money in via a note, and a bank funds the rest.
Buying out a shareholder?
You and your business partner have agreed it’s time for one of you to leave. Now you need a number you both trust. An independent valuation takes the price argument off the table so the relationship survives the deal.
Partner Buyout: How the Price Is Set
A partner buyout valuation determines the fair price for one working owner to buy out another’s equity in a closely-held NZ business. The number isn’t usually the hard part. The choices behind the number are.
$3,900 + GST
Internal Shareholder Transaction For buyouts, succession, and internal share sales between known parties.
$7,900 + GST
Conclusion of Value. A full NACVA-standard report for legal or contested situations.
$3,900 + GST
Pre-Sale Valuation For owners considering an external sale who want a defensible starting price.
How it works
1.Scope call. A free 20-minute call to understand your situation, the parties involved, and the timing. If we’re not the right fit, we’ll say so.
2. Information gathering. A short list of financials and documents. We do the heavy analysis, not you.
3.Analysis and valuation. We run the numbers using the methods appropriate to your situation, normalise the earnings, and arrive at a value range and a single point estimate.
4.Report and delivery. A clear written report you can hand to your accountant, your lawyer, or the other side of the table. We walk you through it on a call.
Most internal-transaction engagements are complete within three to four weeks of receiving information.
About Bruce
Bruce McGechan, CVA, BCA, MEntr
Bruce is the founder of Fealty Business Valuations and personally runs every engagement. He’s one of two Certified Valuation Analysts practising in New Zealand, a Certified M&A Advisor, and a Certified Exit Planning Advisor.
He holds a Master of Entrepreneurship (Hons) from Otago and a BCA in Accounting from Victoria. Before Fealty, Bruce spent 20 years working with New Zealand business owners on sales, acquisitions, and exits.
You’ll deal with Bruce from the first call to the final report. No juniors, no handoffs.
Questions
How long does a valuation take? Most internal-transaction engagements take three to four weeks from the day we receive your information. Faster if it’s urgent and the information is clean.
Is the price really fixed? Yes. The fee on the pricing page is the fee you’ll pay. No add-ons, no scope creep, no hourly creep at the end.
What if the other shareholder uses a different valuer? A well-built independent valuation gives both parties a defensible number to negotiate from, even if the other side runs their own. It’s more common to jointly appoint a single valuer.
What’s the difference between a valuation and a broker’s appraisal? A broker appraises a business they want to list and sell. A valuation is independent, follows international standards.
Do you travel to meet clients? Yes, for conclusion of value litigation-ready reports. Most engagements run on video calls and email.
Do you only work in Palmerston North? No. Most of Fealty’s works with owners across New Zealand and overseas. The office is in Palmerston North. The clients are everywhere.
Will the IRD accept the valuation? For tax-driven situations (gifting, trust transfers, estate work), we deliver a report to IRD standards.
Can my accountant or lawyer talk to you directly? Yes. We work alongside your existing advisers and write reports they can use without translation.