Marshall & Stevens acquires SBA valuation firm

08 May 2024 2 min. read

Marshall & Stevens, a Los Angeles-headquartered valuation and dispute consulting firm, has acquired Reliant Business Valuation and Reliant Equipment Appraisals, a Cranbury, NJ-based firm focusing on Small Business Association (SBA) valuations and appraisals.

Founded in 2009, Reliant has provided hundreds of financial institutions and their small business clients with appraisals for businesses and equipment that meet SBA 7(a) loan requirements.

The boutique firm has 25 team members, according to its website.

Marshall & Stevens’ acquisition of Reliant will add SBA valuation specialists to its services platform.

“Financial institutions around the globe rely on Marshall & Stevens for the independent analyses, opinions, and information they require to make critical financing decisions. The addition of Reliant means we can now better serve the SBA division of these banks," said Mark Santarsiero, president and CEO of Marshall & Stevens.

Marshall & Stevens acquires SBA valuation firm

Robert Vafiadou, director of Reliant Business Valuation, added, “Marshall & Stevens provides a broad portfolio of valuation and consulting services to financial institutions. Our team is excited to join forces to better serve our clients and the SBA community. We receive requests for commercial real estate appraisals, litigation support, and with complex estate and gift tax reporting analyses. Now, we can now help all those clients."

The deal is Marshall & Stevens’ fourth valuation firm acquisition in recent months. The firm previously acquired Salt Lake City-based Lone Peak Valuation Group and Rocky Mountain Advisory as well as Minneapolis-based Value Consulting Group.

Founded in 1932, Marshall & Stevens provides independent valuations, transaction opinions, and dispute resolutions services to business owners, management, boards, investors, and trusted advisors.

The firm has more than 100 employees, according to LinkedIn, and eight offices across the United States.