Auxo Firm Directory · Independent Research Profile

NBVS

NBVS combines business valuation, machinery and equipment appraisal, exit and transition planning, and transaction advisory services. Its public materials describe national service coverage and experience across a broad range of industries.

Key takeaway

What stands out about NBVS

NBVS publicly describes services spanning valuation, appraisal, exit and succession planning, and M&A advisory support. The cited news archive identifies one named transaction-related award example and does not establish a comprehensive transaction archive; the cited business valuations page does not state universal size criteria, and the cited contact page does not publish a fee schedule.[1][2][3][4][6][9][10]

What does NBVS do?

National Business Valuation Services, Inc. (NBVS) describes itself as a business valuation, machinery and equipment appraisal, exit and transition planning, and transaction advisory firm. Its stated client types include family-owned and closely held businesses, professional practices, LLCs, family limited partnerships, corporations, and general partnerships.

NBVS states that it serves clients nationally and has also performed services for international clients. Its public materials position the firm across valuation, appraisal, planning, and transaction-support functions rather than around a narrowly defined industry mandate.[1]

NBVS publicly states that it provides M&A advising for buying or selling a business or practice, buy-sell transaction valuation, deal-term analysis when requested, seller-financing and contingent-earnout analysis, SBA and bank acquisition-financing support, purchase price allocation, personal-goodwill partitioning, feasibility studies, and fairness opinions.

Its stated services also include machinery and equipment appraisals and brokerage, exit and transition planning, and business succession planning. NBVS states that exit, transition, and succession planning may involve its preferred partner Monty Walker and other professional advisors.[2][3]

Owners comparing advisory firms can also review Auxo’s M&A advisor vs. business broker vs. investment bank comparison, advisor-selection guide, and sell-side advisor evaluation framework.

Public size / criteria information
Brian Wendler's official biography states that his experience covers a wide variety of company sizes. The cited business valuations page does not state a universal minimum or maximum revenue, EBITDA, enterprise-value, or transaction-value threshold for NBVS engagements.[4]

What should a business owner evaluate before hiring NBVS?

For an owner evaluating a sale, NBVS’s stated capabilities include business valuation, exit and succession planning, personal-goodwill analysis, deal-term analysis, financing support, and M&A advisory services. Brian Wendler’s biography states that he has provided M&A broker services through affiliated National Transaction Advisors, Inc. The owner should establish whether the proposed engagement is valuation-only, sell-side intermediary work, or broader M&A representation, and whether NBVS or National Transaction Advisors, Inc. would contract for the relevant services.

The owner should clarify the scope of buyer outreach and buyer identification, including whether solicitation would be part of the engagement, as well as the scope of market-based due diligence, fee and expense terms, conflicts between valuation and transaction services, valuation assumptions, confidentiality procedures, and comparable completed transactions. The cited business valuations page, contact page, and news archive do not establish universal size criteria, a published fee schedule, or a comprehensive named transaction archive, so those points should be addressed directly during diligence.[2][4][9][10]

01

Which legal entity would contract for valuation, brokerage, or M&A advisory services: NBVS or National Transaction Advisors, Inc.

NBVS identifies its valuation and transaction-advisory services, while Brian Wendler’s biography states that M&A broker services have been provided through affiliated National Transaction Advisors, Inc.[1][4]
02

Would the engagement include buyer identification and solicitation, or only valuation and transaction support

NBVS publicly describes both M&A advising and valuation services, and separately cites a national network of business brokers that can provide market-based due diligence. The scope of buyer identification and solicitation should be clarified.[2]
03

What upfront, success, retainer, minimum, reimbursement, and tail-fee terms would apply

The contact page does not publish a fee schedule, success-fee percentage, retainer, minimum fee, expense policy, exclusivity term, or tail period.[9]

What size transactions and clients does NBVS focus on?

NBVS’s publicly listed valuation experience includes restaurants, quarries, nonprofits, sports organizations, insurance books and agencies, car dealerships, trucking repair, machine shops, contractors, daycares and Montessori schools, medical and dental practices, salons, tattoo parlors, VoIP providers, and locksmiths.

Brian Wendler’s biography describes his experience across manufacturing, wholesale, distribution, construction, high-tech, retail, professional practices, financial services, and hospital-based and stand-alone medical practices and specialties. These disclosures describe a broad set of experience areas rather than an exclusive sector mandate.[4][5]

NBVS publicly identified TKV-6 Strategies’ acquisition of Magnasphere by discoverIE Group as a finalist in the ACG DFW & DCEO M&A Awards Under $50 Million category.

The announcement identifies the award category but does not disclose transaction consideration, valuation, fee terms, closing date, or buyer-financing terms. The news archive contains a named transaction-related award announcement but does not provide a comprehensive archive of multiple named completed deals, transaction values, buyer identities, or consideration terms.[6][10]

NBVS states that it advises on buying and selling businesses and practices, including buy-sell transaction valuation, requested deal-term analysis, seller financing and contingent earn-outs, and SBA or bank acquisition financing. It also states that its principal has business-sale and brokerage experience and maintains a national network of business brokers that can provide market-based due diligence.

Brian Wendler’s biography states that he has provided M&A broker services through affiliated National Transaction Advisors, Inc. since 2002. The public materials therefore identify both NBVS valuation services and an affiliated M&A brokerage relationship; an owner should confirm which legal entity and service lane would apply to a proposed engagement.[2][4]

What does NBVS publicly disclose about fees, process and engagement terms?

The business valuations page does not state a universal minimum or maximum revenue, EBITDA, enterprise-value, or transaction-value threshold for NBVS engagements.

The contact page does not publish a fee schedule, success-fee percentage, retainer, minimum fee, expense policy, exclusivity term, or tail period.

The transaction-finalist announcement does not disclose transaction consideration, valuation, fee terms, closing date, or buyer-financing terms. The news archive does not provide a comprehensive transaction archive with multiple named completed deals, transaction values, buyer identities, or consideration terms.[2][6][9][10]

NBVS states that National Business Valuation Services, Brian Wendler, and their work product comply with IRS definitions for qualified appraisers and appraisals under the Pension Protection Act of 2006. It also states that its certified machinery and equipment appraisals are prepared under Uniform Standards of Professional Appraisal Practice requirements.

The listed individual credentials do not by themselves establish firm-level broker-dealer or investment-adviser registration.[4][7][8]

NBVS states that initial consultations involve no cost or obligation and that communications will be kept confidential. Its public materials also describe a national business-broker network that can provide market-based due diligence.[1][2]

Questions to ask before hiring NBVS

Which legal entity would contract for valuation, brokerage, or M&A advisory services: NBVS or National Transaction Advisors, Inc.?
NBVS identifies its valuation and transaction-advisory services, while Brian Wendler’s biography states that M&A broker services have been provided through affiliated National Transaction Advisors, Inc.[1][4]
Would the engagement include buyer identification and solicitation, or only valuation and transaction support?
NBVS publicly describes both M&A advising and valuation services, and separately cites a national network of business brokers that can provide market-based due diligence. The scope of buyer identification and solicitation should be clarified.[2]
What upfront, success, retainer, minimum, reimbursement, and tail-fee terms would apply?
The contact page does not publish a fee schedule, success-fee percentage, retainer, minimum fee, expense policy, exclusivity term, or tail period.[9]
What recent completed transactions are comparable by sector, revenue, EBITDA, and geography?
The news archive contains a named transaction-related award announcement but does not provide a comprehensive archive with multiple named completed deals, transaction values, or buyer identities.[10]
How are conflicts handled when NBVS provides valuation services and transaction advisory services?
NBVS publicly describes valuation and transaction-advisory services, including M&A advising and buy-sell transaction valuation. The overlap between valuation and transaction services makes conflict procedures an appropriate point to clarify.[1][2]
What valuation standard, assumptions, and treatment of personal goodwill, earn-outs, seller financing, and working capital will be used?
NBVS states that it provides personal-goodwill partitioning, seller-financing and contingent-earnout analysis, and requested deal-term analysis. The specific valuation assumptions and treatment of these items should be clarified; working-capital treatment can also be addressed as a general diligence question rather than as a stated NBVS service.[2]
What buyer-qualification and confidentiality procedures apply?
NBVS states that communications will be kept confidential and that its broker network can provide market-based due diligence. Buyer-qualification procedures should be clarified as part of diligence.[1][2]
What regulatory or legal-entity structure applies to any securities-related activity?
The qualifications page distinguishes individual credentials and securities-related licenses from firm-level broker-dealer or investment-adviser registration, so the applicable entity and regulatory structure should be confirmed.[4]

Sources & research notes

Public-source research
  1. Official website / firm overview
  2. Services / capabilities
  3. Services / capabilities
  4. Investment approach
  5. Industry / market focus
  6. Transaction / portfolio evidence
  7. Structure / regulatory context
  8. Structure / regulatory context
  9. Public disclosure information
  10. Public disclosure information
Prepared and reviewed by: Auxo Capital AdvisorsEvidence standard: Public-source verification

How this profile was researched

Auxo profiles are prepared from publicly available primary and authoritative sources and reviewed for entity identity, factual support and disclosure consistency. When a fact cannot be supported by the reviewed public record, the profile identifies it as something to confirm directly rather than inferring it.

Independent profile & regulatory context

Independent research profile

This profile was prepared by Auxo Capital Advisors from publicly available information believed to be reliable and is provided solely for informational and educational purposes. It is not an endorsement, recommendation, ranking, solicitation, or representation regarding the profiled firm, its services, qualifications, transaction experience, regulatory status, financial condition, or suitability for any particular person, company, transaction, or investment.

Information obtained from third-party and public sources may be incomplete, inaccurate, outdated, or subject to change, and Auxo Capital Advisors makes no representation or warranty, express or implied, as to its accuracy, completeness, or timeliness. Readers should conduct their own independent diligence and consult appropriate professional advisers before engaging any advisor, intermediary, investor, lender, acquirer, or other transaction counterparty.

Broker-dealer and securities disclosure

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