Trusted insights for confident decisions

At the heart of every major business decision, whether transactional, strategic, regulatory, or tax-related, lies the need for a robust and defensible valuation. At Grant Thornton, we deliver technically sound, transparent, and objective valuation services that enable stakeholders to move forward with confidence.

Whether assessing an entire business, a single asset or a complex portfolio, our experts provide independent valuation advice throughout the full lifecycle of a transaction or financial event. 

Our services

We provide independent valuations of shares, businesses (entities or segments), tangible and intangible assets, and liabilities, supporting a wide range of needs including transaction negotiations, deal structuring, regulatory compliance, financial reporting, and tax optimisation. 

Centre of Excellence

A global standard, delivered locally 

Grant Thornton Greece is one of only six member firms globally selected to host our bespoke Centre of Excellence (CoE), serving as a unique hub for delivering end-to-end valuation services with consistency, technical excellence, and alignment to international best practices. 

Through our CoE, we provide: 

  • Centralised coordination for cross-border valuation needs through a single contact point
  • Harmonised methodologies across jurisdictions
  • Access to specialised sector knowledge and global benchmarking data 

Valuations tailored to purpose

Our valuation services are structured around four key pillars, based on the intended purpose and asset type.
1.

Transactions

Valuations supporting both buy-side and sell-side decisions, including:

  • Mergers & acquisitions (entire businesses or segments)
  • Intangible assets (brands, patents, software, licenses)
  • Financial assets (single exposures, loan portfolios)
  • Collateral assessments for lending and restructuring 
2.

Financial reporting

Valuations in accordance with IFRS and other applicable standards: 

  • Fair value estimation of financial instruments
  • Impairment testing (IAS 36)
  • Purchase Price Allocation (PPA)
  • Share-based payments (stock option valuation) 
3.

Advisory & tax

Valuations supporting strategic planning, tax efficiency, and governance: 

  • Independent advice to Boards of Directors during transactions
  • Valuations for transfer pricing purposes
  • Valuations required under Greek tax legislation (L.4172/2013, L.5162/24) 
4.

Legal & regulatory compliance

Valuations fulfilling requirements under Greek corporate and capital markets law: 

  • Fairness opinions for regulatory purposes (e.g. for mandatory tender offers)
  • Valuations of in-kind contributions (art. 17, L.4548/2018)
  • Related party transactions (art. 99–101, L.4548/2018) 

Financial Modeling Services

In today’s complex business landscape, robust financial models are essential tools for strategic decision-making, deal execution, and performance optimisation. At Grant Thornton, we design, build and validate high-quality financial models tailored to support strategic, transactional and operational objectives. 

Our financial modeling capabilities span across the entire lifecycle of a business or transaction — from feasibility analysis and strategic planning to bank financing and investor reporting. We combine deep technical expertise with strong commercial insight, delivering outputs that are not only accurate but truly decision-ready. 

Core Services

Financial model development services

Financial model development services

Our approach
Our financial model development services are built around industry best practices and transparency principles. We typically follow a structured process that includes:
1.
Scoping & Initial consultation
Understanding the client’s objectives, commercial context and key sensitivities.
2.
Data collection & analysis
Gathering historical, projected, and market data to inform assumptions and structure.
3.
Assumptions framework
Defining commercially sound assumptions, aligned with market benchmarks, industry dynamics, and client expectations.
Financial model review & audit services

Financial model review & audit services

4.
Model design & build
Developing flexible, scalable, and user-friendly models using robust and transparent spreadsheet structure.
5.
Review & delivery
Running validation checks and walkthroughs to ensure accuracy, transparency and usability.
Use cases
Our models support a broad range of business needs, including M&A transactions, business planning and budgeting, DCF valuations, debt structuring, project finance, and scenario analysis.
    Financial model review & audit services

    Financial model review & audit services

    Our approach
    In addition to model development, we offer independent review and audit services — essential for financing, investment decisions, or regulatory submissions. Our model review approach includes:
    1.
    Structural & Logical Review
    Evaluating the model’s structure, formula integrity, and logical flow.
    2.
    Input Verification
    Confirming the accuracy and reliability of source data and assumptions.
    Financial model review & audit services

    Financial model review & audit services

    3.
    Stress Testing
    Running scenarios to assess the model’s robustness under different conditions.
    4.
    Findings & Recommendations
    Delivering a detailed report highlighting issues and suggesting improvements.
    5.
    Formal Audit Opinion
    Issuing an audit opinion letter, where required, to support financing or regulatory objectives.