Having testified in more than 130 litigated matters, Cogence Group brings a unique perspective and creative approach to solving complex financial problems in an understandable way. We help define the financial or economic analysis needed, and deliver reasoned, credible, and persuasive opinions in the courtroom.
Jay and his team were the key to our successful defense of a minority owner oppression case brought against our client by one of the most experienced plaintiffs’ firms in Oregon. He prepared the financial materials we needed to prove that there had been no oppression, and helped us to effectively cross-examine our opponent’s financial expert. We ended up with a complete defense victory in the complex, multi-day arbitration. I enthusiastically recommend Jay and the Cogence Group, and hope that they are always on our side!
Sanford R. Landress, Esq. – Greene & Markley, P.C.
When we started the process of looking for a business evaluation our CPA gave us the name of three companies. After interviewing the Cogence Group we knew they were the right company to do the job.
From start to finish they were professional and thorough in their approach. They gave us a list of the information they needed and worked directly with our CPA to verify financial information, followed up on a regular basis and kept us fully informed each step of the way.
They delivered the product they represented and we are extremely pleased with the results!
We highly recommend the Cogence Group PC for business evaluations!
Kaye Youngren – CEO of Community Management, Inc.
In a complex lawsuit arising from a failed sale of a large Washington company, Jay Sickler and his team helped obtain a favorable outcome by building a conservative damages model supporting a $25M damages award. Jay carefully and effectively explained the model in writing and in deposition, and persuasively responded to criticism from our opponents’ team of experts. In short, Jay’s work is top notch, and he is a pleasure to work with.
Steven D. Olson – Tonkon Torp LLP
Cogence Group has completed several entity valuations for us over the past 10 years. As a closely held business, we have several times wanted to sell shares within our family for implementing estate planning strategies. Jay Sickler and Lincoln Eckhardt have assisted us by compiling justifiable valuations for our entities in order to accomplish ownership transfers at proper values and with supportive documentation. With their reports we have been able to gift and sell ownership shares to the next generation and among family member.
Cogence Group reports have ALWAYS been completed within the timeline promised. After working with them numerous times, they are efficient, accurate, and very knowledgeable.
Tom K. Stern – Pacific NW Properties LP
Our case needed someone who would be able to analyze a complex valuation very quickly, and Jay and his team at Cogence definitely delivered. In addition to identifying errors in assumptions made by the other expert, they were able to identify a fundamental error in this expert’s report, greatly diminishing the expert’s credibility. In addition, in their work here, Jay and his team never forgot their obligation to be independent experts looking objectively at the parties’ arguments.
Thomas R. Johnson – Perkins Coie LLP
As an expert witness, Jay Sickler has a rare ability to both understand difficult concepts and to be able to teach them to lay people in plain English. At my last trial with Jay, during some particularly complicated testimony, Jay got up out of the witness stand – marker in hand – and drew pictures on a whiteboard. He explained everything with both clarity and authority, and his valuation was accepted over the other side’s expert. And Jay has a great team, which, among other examples, patiently explained Duff and Phelps modeling to me for hours, so that I could then explain it to the judge. I highly recommend Jay as an expert witness.
Matt Levin, Markowitz – Herbold, Glade & Mehlhaf, PC
Cogence Corner Blog
Business Valuation – The Marijuana Chronicles #3 The Adjusted Net Asset Approach is a valuation methodology that estimates the fair market value of a company by subtracting the total liabilities from the total assets of the firm, after adjusting the balance sheet to fair market value. This form of value will generally not capture the…
Recent News Update: Before continuing our blog series on valuing marijuana companies, it’s worth noting that since our last blog post (February 23, 2017), White House spokesman Sean Spicer answered a question regarding the legal conflict at the State and Federal level regarding marijuana. Mr. Spicer said that the marijuana issue has two distinct components…
Business Valuation – The Marijuana Chronicles #1 The legal marijuana industry is one of the fastest growing industries in the United States and the State of Oregon. In mid-January 2017, the Portland Business Journal held a Business of Cannabis Panel which featured: Sara Batterby, President & CEO, Hifi Farms; Chris Masse, Partner, Miller Nash Graham…