CHICAGO, Feb. 3, 2017 /PRNewswire/ -- Stout Risius Ross, Inc., a premier global advisory firm, announced today that it has reached an agreement in principle to acquire the assets and assume certain liabilities of FMV Opinions, Inc. The two firms anticipate the deal will close by February 28, contingent on confirmatory due diligence.
"FMV has a great reputation for its technical excellence in the valuation advisory space, especially in the trust and estate community," said Craige Stout, Chairman and CEO of Stout. "We could not have asked for a better firm to combine forces with as we continue to expand our trust and estate valuation practice."
Lance Hall, Founder and President of FMV Opinions, commented, "This is a very exciting opportunity to join a truly exceptional firm whose broad portfolio of service offerings complements our traditional focus on valuations for estate and gift tax purposes. Our clients will benefit from the reach and resources of Stout, while receiving the combined expertise of two well-established market leaders in our industry."
About Stout Risius Ross, Inc.
Stout is a premier global advisory firm specializing in Investment Banking, Valuation Advisory, Dispute Consulting, and Management Consulting. We serve a range of clients from Fortune 500 corporations to privately held companies in numerous industries around the world. Our clients and their advisors rely on our premier expertise, deep industry knowledge, and unparalleled responsiveness on complex financial matters. For more information visit www.SRR.com.
About FMV Opinions, Inc.
FMV is one of the nation's preeminent firms offering a broad range of financial advisory services to private and public companies, and their advisors. For almost two decades, the firm has served its clients by providing intricate and highly specialized financial opinions, property appraisals, complex litigation support, tax and business valuations, as well as investment banking services focused on mergers, acquisitions and divestitures. Founded in 1991, FMV is headquartered in Irvine, California, with additional offices in New York City; San Francisco, California; and Dallas, Texas.
Stout is a trade name for Stout Risius Ross, Inc. and Stout Risius Ross Advisors, LLC, a FINRA registered broker-dealer and SIPC member firm.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/stout-risius-ross-inc-to-purchase-fmv-opinions-inc-300402093.html
SOURCE Stout Risius Ross, Inc.