Fair valuations for M&A, financial reporting, and tax, grounded in CBV, ASA, IVS and IPEV standards. Serving CPA firms, PE, venture capital, and public companies across North America.
Clearvant Advisors is a member firm of theBPO, delivering specialist valuation, transaction advisory, and financial reporting services across North America, the GCC, APAC, and other international markets.
Every engagement is grounded in global standards, structured for transparency, and tailored to support real-world decisions .
Our models are engineered to withstand Big 4 review. We deliver model literature built for regulatory, audit, and board-level scrutiny.
Partners with Big 4 backgrounds lead every engagement. Every report is human-prepared by practitioners who know what auditors scrutinize.
CBV, IVS, IPEV,IFRS, ASC and AASB expertise across North America, the GCC, APAC, and the UK.
IFRS/ASPE/ASC compliant, audit-ready valuations for 409a, financial instruments, stock plans/ESOPs, and earnouts with complex payoff structures.
CRA-aligned FMV reports for Section 85/86/87 rollovers, debt forgiveness, deemed disposition at death, and non-arm’s-length transfer pricing, supporting estate, charitable, and restructuring mandates.
IRS-aligned FMV reports for corporate reorganizations, S-corp
conversions, NOL ownership-change testing, FIRPTA
withholding, and estate, gift, and charitable deduction
appraisals, prepared to IRS-qualified appraiser standards.
Clearvant supports buyers, sellers, investors, and advisors across the transaction lifecycle through valuation, diligence, pricing analysis, and deal monitoring services.
Our approach combines technical rigor with commercially practical insight to support informed decision-making in complex transactions.
We organize the financial complexity of a potential deal into decision-ready intelligence. From risk assessment to operational analysis, we deliver structured Investment Memos, Fact Books, Data Books, and Deal Books
Connecting intrinsic value to deal value requires rigour, not guesswork. We determine asset values grounded in defensible methodology, sharpen purchase price positioning with deal-specific factors, and stress-test returns through scenario analysis, so your investment thesis holds under scrutiny.
Post-signing is where value is made or lost. We identify cost and growth synergy opportunities, build the financial models that keep value drivers in focus, and develop forward-looking Balance Sheet, P&L, and cash flow positions that support fund integration and financing decisions through close.
When the model underpins the decision, its integrity is non-negotiable. We independently assess third-party financial models across structure, logic, math, and reconciliation: stress-testing projection assumptions, synergy inputs, IRR sensitivity, and audit tie-outs to give your team confidence in the numbers before they move.
Model selection that precedes instrument understanding is where valuations fail. We map contractual terms, embedded features, and accounting context first, whether that means split accounting under IAS 32, separation analysis under ASC 470-20, or SPPI testing under IFRS 9. The model follows the instrument, not the other way around.
We source and document every input: swap curves, CDS spreads, implied volatilities, and credit data from Bloomberg, Capital IQ, Markit, Moody’s, and S&P. Where Level 3 inputs are unavoidable, we apply rigorous assumption documentation and sensitivity analysis consistent with IFRS 7 and ASC 820-10-50.
We identify Day-One P&L situations before the transaction closes, not after. Clients should not encounter unexpected accounting consequences at the first reporting date.
Exit price means exit price. We compute CVA and DVA using counterparty PD term structures derived from market observables, consistent with IFRS 13 and ASC 820 nonperformance risk guidance. For long-dated uncollateralised swaps, CVA can represent 2% to 5% of notional.
We validate third-party and internally developed models across conceptual soundness, mathematical integrity, input quality, and audit reconciliation. Coverage spans BSM, Hull-White, CIR/Vasicek, Monte Carlo, SABR, and waterfall structures, under both IFRS and US GAAP.
Price is not value. When an instrument sits on a balance sheet under IFRS 9, IAS 32, IFRS 13, ASC 820, or ASC 815, it demands an independent, auditor-ready fair value opinion that survives regulatory scrutiny. We provide valuation for accountability, not pricing for trading.
Valuation delivery environment aligned with North American and European compliance expectations. Every control is designed to support audit-ready, regulatory-grade financial reporting engagements across borders.
IPsec VPN encrypted transmission, Microsoft 365 dual backup, client data segregation enforced, encrypted delivery workflows.
IVS and CICBV aligned workflows. CPA firm review compatible. Audit-ready engagement protocols across every mandate.
Hot and cold failover infrastructure. Capacity restored within 2 hours. Leading data providers: Capital IQ, Kroll, RMA, DealStats.
IPS and IDS monitoring, enterprise firewall controls, endpoint antivirus protection, encrypted VPN, 24/7 threat detection.
Biometric access at delivery sites, role-based permissions, logical client segregation, restricted removable media.
Weekly workflow reporting, SLA-based turnaround protocols, dedicated engagement oversight, overnight draft review capability.
Where valuation standards meet real-world execution, engagements that delivered measurable impact.
A mid-market engineering firm in Canada needed a CRA-defensible FMV for Section 85 rollover at a family succession milestone
Adopted CCF approach with calibrated WACC and founder risk premium. Corroborated value conclusion using market multiples, Delivered CBV-standard calculation report.
CRA requirements cleared, advisors aligned, family gained clarity.
A family office in Saudi Arabia with defense and oil subsidiaries faced IAS 36 triggers; Big Four required Value-in-Use testing under tight deadlines.
Built driver-based 3- statement DCF model, calibrated WACC, and structured outputs for IAS 36 disclosures.
Big Four cleared without issue. Model standardized as group’s impairment testing template.
A Canadian healthcare platform faced a complex call option tied to performance earnouts that traditional models couldn’t capture.
Developed 10,000+ iteration Monte Carlo simulations with GBM, mapping SPA clauses into an IFRS 13 framework.
Big Four cleared without modification, client gained defensible pricing and future earnout framework.
International Investor club sought to acquire a distressed ~USD 100m assembly business with a lapsed OEM license in Pakistan.
Combined DCF and asset-based methods, refined SPA clauses, and structured IC-ready board materials.
Negotiations led to purchase price reduction and successful transition to financing stage.
A Canadian PE firm needed Databook in one week for roll-up target.
Delivered revenue cohort analysis, EBITDA normalization, and 36-month WC bridge.
Risks flagged early, Databook shaped IC strategy, acquisition advanced on stronger footing.
At Clearvant, expertise is not just a credential, it is the foundation of every opinion we deliver. Our team combines deep technical proficiency with practical deal experience to help clients navigate complex transactions, reporting requirements, and strategic decisions with clarity and confidence. Whether supporting an ownermanaged business or advising on cross-border M&A, we bring the same commitment to precision, transparency, and client success.
“Credible valuations require more than technical precision. They require governance, transparency, and a deep understanding of how businesses operate across markets and industries.”
Mohsin is a seasoned EY alum, CPA, and Chartered Accountant with over 18 years of experience in audit, financial advisory, governance, and transaction support. He has led engagements across the US, GCC, and South Asia, working with clients across sectors including oil & gas, manufacturing, construction, pharmaceuticals, and real estate.
As Global CEO and Managing Partner at theBPO, Mohsin oversees international service lines across accounting, advisory, and technology enabled solutions. He combines deep technical expertise in IFRS, controls, valuations, and financial reporting with extensive cross border leadership experience.
“Behind every defensible valuation is a framework of sound governance, reliable reporting, and informed commercial judgment.”
Mujtaba is a seasoned Chartered Accountant and former Big 4 professional with over 20 years of experience in audit, governance, internal controls, and financial advisory. He has advised organizations ranging from family owned businesses to listed and multinational companies across areas including IFRS implementation, corporate compliance, restructurings, and transaction support.
At theBPO, Mujtaba focuses on governance, financial reporting, internal audit, and strategic advisory engagements. His experience includes serving as Head of Internal Audit and Group CFO, bringing a commercially grounded perspective to and business transformation matters.
“Having worked across borders and industries, I’ve seen how the right financial insight can unlock opportunity. My goal is to give clients that edge, with precision, and without the noise.”
Asad is a seasoned PwC alum and Chartered Accountant with over 20 years in corporate finance, M&A, and valuations. He has advised clients across North America, the GCC, and Southeast Asia, including one of the largest Telco operators in the ASEAN region as a strategic acquirer.
Now a Canadian Business Valuation candidate, Asad combines cross-border deal experience with strong technical depth. At Clearvant, he focuses on delivering clear, defensible valuations and strategic financial guidance to business owners, advisors, and investors.
“Behind every defensible valuation is a framework of sound governance, reliable reporting, and informed commercial judgment.”
In 2014, with over 7 years of professional experience and a vision to redefine outsourcing services, Jawad Chughtai founded theBPO.
A Fellow Member of ACCA and an Associate Member of ICAEW, Jawad brought extensive expertise in audit, accounting, financial advisory, governance, internal controls and business consulting.
His commitment to quality, innovation and client success laid the foundation for what would become a trusted global professional services firm.
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