Meyers Norris Penny Finalizes McNally Valuations Inc. Acquisition

Meyers Norris Penny (MNP) announced it is merging with McNally Valuations Inc. (MVI), effective April 1, 2010. Based in Edmonton, Alberta, MVI is the largest independent valuation firm in Edmonton and the only full-service valuation firm headquartered in western Canada.

“McNally Valuations is a renowned valuations firm, which provides a high-level of expertise, experience and specialized certifications,” said Daryl Ritchie, MNP’s Chief Executive Officer. “This merger will allow MNP to strengthen our valuations practice and help us expand a new service line for MNP in property, plant and equipment Appraisals. In addition to business valuations and litigation support services, McNally Valuations provides expert services in commercial and industrial property, plant and equipment, real estate, and machinery appraisal”.

“MNP has a strong Canadian presence, a passion for business, and an unwavering commitment to their clients,” said Bob McNally, Partner, MVI. “It was a natural evolution for us to join a firm, who share our vision, values and commitment to providing quality services.”