Who We Are

Business Valuation Group, Inc. founded in 1999, has become a leading independent financial analysis and business valuation firm.   Our staff, possessing Accredited Senior Appraiser and Chartered Financial Analyst designations, has the knowledge and experience to guide you through the requirements mandated by the Internal Revenue Service, Securities and Exchange Commission and the U.S. Department of Labor.

You have worked hard to build your company, and at BVG we work hard to estimate its value.   We do not use off-the-shelf valuation formulas or mechanical book value methods.   We work closely with you and your advisors so that our estimate of value captures the nuances specific to your business.

Any individual involved in running a company understands the value of sound advice and reliable information.   In many cases, the knowledge and experience of an advisor can contribute to the success of the business.   The professionals at BVG understand the importance of providing an accurate valuation.

Thomas E. Holl, ASA

Mr. Holl is a Principal with the Business Valuation Group, Inc. Mr. Holl has over 30 years experience in the valuation of business enterprises, capital stock, partnership interests, and corporate assets including tangible and intangible assets.

Mr. Holl’s valuations have been used in connection with: allocation of purchase, ESOP reporting compliance, buy-sell agreements, recapitalizations, corporate reorganizations, litigation support, and federal gift and estate taxation. Mr. Holl has provided expert witness testimony in a number of litigation matters.

Previous Experience

Prior to forming BVG, Mr. Holl managed the Private Company Valuation Services Group and held responsibility for performing corporate valuations for Bank of America offices nationwide. Prior to that, Mr. Holl managed the valuation department at Friedman, Eisenstein, Raemer and Schwartz (“FERS”). In addition, Mr. Holl is a former Senior Valuation Consultant with the Chicago office of Arthur Andersen & Co. and is a former consultant with the Cambridge, Massachusetts based consulting firm of Arthur D. Little.


Mr. Holl holds a Bachelor of Arts Degree in Economics from Lawrence University in Appleton, Wisconsin and a Masters of Management Degree in Finance from the Kellogg Graduate School of Management of Northwestern University in Evanston, Illinois. In addition, Mr. Holl has completed all three levels of the National Graduate Trust School at Northwestern University.


Mr. Holl is a member of the Business Valuation Association (“BVA”) and an Accredited Senior Member of the American Society of Appraisers (“ASA”).


Gregory P. Wolk, CFA, ASA

Mr. Wolk is a Director with the Business Valuation Group, Inc. Mr. Wolk has over 25 years of experience in the valuation of business enterprises, closely-held securities and intangible assets. He has performed valuations for FASB 141 and 142, corporate planning, creating family limited partnerships, acquisitions, forming joint ventures and stockholder dispute purposes for both minority and majority interests.

Mr. Wolk has experience in performing stock valuations for closely-held businesses in health care (e.g., hospitals, physician practices, imaging centers, surgery centers, labs, home health agencies), manufacturing industries, computer software, distribution companies, retail, food processing, construction and internet-related entities. In addition, Mr. Wolk has experience in valuing a variety of business assets including trademarks, patents and technology, customer lists, computer software and covenants not-to-compete.

Previous Experience

Prior to joining BVG, Mr. Wolk was a Senior Manager at CBIZ Valuation Group, performing valuations for CBIZ offices nationwide. Prior to that, Mr. Wolk worked for the University of Chicago Health System where he served as the Manager of Financial Analysis, overseeing the nonprofit company’s acquisitions and subsequent oversight. In addition, Mr. Wolk was a Manager at the valuation group of Ernst & Young.


Mr. Wolk received his Master of Business Administration from the University of Chicago Graduate School of Business. He received his Bachelor of Science degree in Engineering from Washington University in St. Louis.


Mr. Wolk is a member of the Business Valuation Association (“BVA”), an Accredited Senior Member of the American Society of Appraisers (“ASA”) and a Chartered Financial Analyst (“CFA”) of the CFA Institute.

Greg Wolk