Wes Nichols, ASA

Senior Vice President, Machinery & Equipment


  • Allocation of Interest Expense (Section 861)
  • Allocation of Purchase Price (ASC 805)
  • Financial Reporting Valuations
  • Goodwill Impairment
  • Litigation Support
  • Mergers & Acquisitions
  • Restructuring
  • Tangible Assets: Real Estate & M&E
  • Tax, Compliance & Planning

Tel. No. (312) 957-7481

200 West Madison Street
Suite 2110
Chicago, Illinois 60606

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Mr. Nichols specializes in the valuation of machinery and equipment for domestic and international clients. For over 15 years, he has prepared valuations for allocation of purchase price, impairment, fresh start accounting, tax, asset based lending, insurance placement, litigation support, and strategic planning purposes. Major industries served include automotive, oil and gas, chemical processing, food processing, consumer products, glass manufacturing, medical equipment manufacturing, healthcare, metal working, and plastics manufacturing.

Prior to joining VRC, Mr. Nichols was a director at Great American Group Advisory and Valuation Services. He has also held positions at Stout Risius Ross, Inc., CBIZ Valuation Group, Deloitte & Touche LLP, and Arthur Andersen LLP.

Mr. Nichols earned a bachelor’s degree in industrial engineering from the University of Illinois at Urbana-Champaign. He also holds the designation of accredited senior appraiser (ASA) from the American Society of Appraisers.