Marshall & Stevens, an independent valuation and dispute consulting firm, has announced the acquisition of Value Consulting Group (VCG), headquartered outside Minneapolis, Minnesota. VCG is the third distinguished valuation consulting and litigation support firm recently acquired by Marshall & Stevens.
Founded in 2003, VCG is a respected source for transaction, compliance, and dispute analyses. Lawyers, accountants, trustees, entrepreneurs, and investors rely upon VCG for independent valuations of ESOPs and other privately owned businesses, intangible assets, and real estate, as well as investigative accounting, damages calculations, valuations, and expert witness services for divorce and business disputes.
"Joining Marshall & Stevens provides our team a larger, more diverse platform to serve the needs of our clients," said Patrick Schmidt, Founder of VCG. "This transaction allows us the opportunity to offer top-notch Fairness Opinions, Solvency Opinions, financial reporting valuations, equipment appraisals, and investment banking to our clients and referral sources. Together, we have more resources to service the great need for estate and gift tax valuations in preparation for the huge reduction in the federal lifetime gift tax exemption, scheduled for December 31, 2025."
"I am impressed by the way Patrick Schmidt and Jennifer Loeffler conduct themselves, and how they meet the needs of their clients," said Mark Santarsiero, President and CEO of Marshall & Stevens. "Like all great entrepreneurs, Patrick and Jennifer lead by example. I am excited they chose to join our team. We look forward to working together to expand Patrick's strong presence in the ESOP community."
SOURCE: Marshall & Stevens
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