ARANCA US Inc. Joins the SecondMarket Ecosystem
Aranca US Inc., a global provider of end-to-end investment research, business research, valuation services and intellectual property research, announced today that it has entered into an agreement with SecondMarket Ecosystem, a subsidiary of SecondMarket, the largest secondary marketplace and auction platform for private company stock.
- (1888PressRelease) October 22, 2010 - Aranca will offer comprehensive tax compliance and financial reporting services including 409A valuation, FAS 123R, FAS 141/142, FAS 157 valuation and fairness opinions to private companies through the SecondMarket Ecosystem™, a network of product and service providers. Aranca also will offer business, market and intellectual property research services.
The SecondMarket Ecosystem enables firms to set up a virtual storefront to provide their services to the buyers, sellers and private companies on SecondMarket's trading platform. "We are delighted to be on the SecondMarket platform as their Ecosystem Partner. With this partnership, I am certain that many private companies will be able to benefit from our integrated research approach that combines our financial research, business research, IP research and valuation capabilities," said Hemendra Aran, CEO, Aranca.
When companies need to understand their markets better, evaluate business opportunities, enter into any financial transactions or need help in valuating their intellectual property, they typically engage multiple firms and hence, spend significant amount of time, effort and money. What sets Aranca apart as a valuation firm is its ability to offer a gamut of other services. Aranca's cross-functional research approach ensures that the insights drawn from analysts in all four of its business practices are combined to offer holistic solutions to the clients.
"Having already understood client's business thoroughly while doing valuation, Aranca is able to offer quick, meaningful and actionable business and market research support to clients," said Aran.
Lisa M. Davis, Vice President, Sales and Alliances for Aranca, said, "having done over 700 valuations for more than 350 companies, Aranca has a strong service delivery model that focuses on delivering timely and defensible valuations to the clients. In addition, the cross-functional approach results in reducing the lead time and costs significantly."
To view Aranca's Ecosystem page, please click here:
"This partnership will enhance the SecondMarket Ecosystem by enabling our network of private companies to gain access to comprehensive and reliable valuation information from a trusted source," said Lisa Balter Saacks, VP, SecondMarket Ecosystem.
About Aranca
Founded in 2003, Aranca is global provider of end-to-end investment research, business research, valuation services and intellectual property research services. Aranca has been working with scores of clients such as PE/VC firms, Law firms, Hedge Funds, Investment Banks, Broker firms, Fortune 2000 Corporations, Research and Management Consulting firms among others, to provide them with timely and actionable research.
With a 250-strong team driving Aranca's four business practices, namely, Investment Research, Business Research, Valuation and IP Research, Aranca's clients benefit from the deep and cross-functional knowledge at work. Aranca operates from six offices in the US, Europe and India. For more information, please visit www.aranca.com
About SecondMarket Ecosystem LLC
The SecondMarket Ecosystem is a network of third-party service providers formed to bring transparency to the illiquid asset sector. Ecosystem partners offer data, analytics, valuation third-party research, advisory and other services to help facilitate transactions between SecondMarket's buyers and sellers. The SecondMarket Ecosystem provides partners direct access to SecondMarket's 10,000+ participants, including global financial institutions, regional and community banks, hedge funds, private equity firms, mutual funds, corporations and other institutional and accredited investors. The SecondMarket Ecosystem is a non-broker/dealer subsidiary of SecondMarket Holdings, Inc.
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