Expanding Valuation Services with Industry-Leading Expertise
COLUMBUS, OH / ACCESS Newswire / March 12, 2025 / WR Valuation, through its investment arm, WR Capital, has announced a strategic partnership with globally renowned valuation expert Bharat Kanodia to establish a new capital equipment appraisal firm: WR Equipment. Building on Kanodia's decades of experience and WRV's ever-expanding public and private company client base, this partnership will complement and expand WR Valuation's services and mark the firm's first investment into the San Francisco and West Coast markets.
Tactical Expansion
Since its spin from Citizens Bank in 2024, WR Valuation has sought to expand its capability suite, and with the creation of WRE, the firm now offers specialized asset valuation services that are crucial for businesses where equipment plays a central financial role. From assessing multimillion-dollar construction fleets to advanced manufacturing machinery and all other complex capital assets, WR Equipment now provides clients with accurate, data-driven capital equipment valuations to optimize tax planning, financial reporting, and strategic decision-making.
Why Bharat Kanodia?
Few valuation experts command the reputation of Bharat Kanodia, ASA and CVA. With over 4,000 valuations to his credit-spanning $10.5 trillion in assets-Kanodia has valued some of the most iconic assets in the world, including Atlanta Airport, Las Vegas casinos, Uber, and Airbnb. His expertise, leadership, and strategic insights have transformed valuation practices at major firms like Suncorp Valuations, IHS Markit, and SVB Financial Group.
"Bharat's expertise in valuing complex, high-value assets is second to none. His leadership ensures that WR Equipment will set the gold standard in capital equipment appraisals," states Rob Stutz, Senior Managing Partner, WR Valuation.
Driving Geographic and Capability Expansion
WR Equipment isn't just an extension and an expansion of WR Valuation-it's a bold step forward in creating a fully diversified suite of capabilities. As businesses increasingly seek precise, audit-ready valuations for financial reporting, mergers, insurance, and tax purposes, WR Equipment positions itself as the go-to firm for equipment-heavy industries nationwide.
"For years, we have turned capital equipment appraisal work over to our strategic partners, including KPMG (2019-20), Houlihan Lokey (2020-2023), and now, Baker Tilly. We will still be working hand-in-hand with Baker Tilly's real property group. However, all capital equipment work will shift to WRE," says David Orth, Managing Partner, WR Valuation.
To explore how WR Equipment's services can benefit your business, visit the venture's website: www.wr-equipment.com.
About WR Valuation and WR Equipment
Headquartered in Columbus, Ohio, WR Valuation and WR Equipment provide best-in-class business and asset valuation services to companies nationwide, with a mission to bring precision, transparency, and strategic insight to financial valuation.
Media Contact:
Bharat Kanodia
bharat@wrvaluation.com
Columbus, Ohio
SOURCE: WR Valuation
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