Experienced Chartered Business Valuators

About KVI


At Kertzman Valuations Inc. (“KVI”), we understand value — Stephen Kertzman co-authored the Canadian Institute of Chartered Business Valuators’ course books and has written various articles on it. With two decades of extensive experience in both, business valuation and loss quantification, Stephen Kertzman has been recognized as a leading practitioner in the field. Stephen has been called upon numerous times as a lecturer, expert witness, and advisor to lawyers, mediators, CPAs, governments, business owners, members of the Board of Directors, professional associations, industry associations and individuals. 

Our significant industry experience provides our clients with the confidence that our business valuations and loss quantification reports are comprehensive and able to withstand scrutiny in Court and at International Arbitrations.  Our professionals are actively engaged with the CICBV, the IIBV and various industry associations and accordingly we stay current on the latest changes in the law, accounting pronouncements and valuation theory.

We offer different levels of services associated with our independent professional reports:

· basic calculation of value;

· detailed estimate valuation reports suitable for litigation and estate and tax assignments; and,

· comprehensive valuation reports suitable for securities regulations purposes. 

We provide full litigation support services that include expert testimony, reviews and comments regarding other expert’s reports, and if appropriate, preparation of direct and cross examination questions, and the preparation of demonstrative visual aids for use at trial. 

KVI can also assist by providing consulting valuation services regarding mergers, acquisitions, divestitures or other similar matters involving a business interest.  In addition,  Stephen Kertzman can mediate disputes regarding business valuation and loss quantification issues.

What Makes KVI Stand Out


We approach each engagement from an independent and objective point of view and our intent is to provide the highest level of service to every client. 

We are strategic in our approach which allows us to provide our services in an efficient, comprehensive and diligent manner. Our approach results in a smoother transaction, litigation or re-organization process for our clients. 

We provide high calibre advice in a cost-effective manner and discuss with our clients the costs and benefits associated with our services.

In addition to his Chartered Business Valuator Designation, our founder has obtained his LL.B. and was awarded the Newton Rowell Scholarship at Osgoode Hall Law School.  In this regard, KVI has a unique perspective with respect to:

  • Understanding the rights, risks and obligations associated with particular securities interests;
  • Interpretation of agreements; and,
  • Providing objective advice that the damages theory ties into the legal theory of the case and advising counsel, if necessary.

At KVI, we are independent of conflicting tensions as we do not conduct audits associated with the preparation of financial statements nor do we offer tax planning and related services. 

Contact Kertzman Valuations Inc.

Mailing Address

First Canadian Place

100 King Street West

Suite 5700

Toronto, Ontario

M5X 1C7

Telephone and Facsimile

T: 416.806.4900

F: 416.915.3177

Electronic Communications

Email*: skertzman@kertzmanval.ca

Website: www.kertzmanval.ca

* Initial consultations are offered free of charge.