1932
Founded
Earl P. Marshall founded Marshall Valuation Services in Los Angeles, California.‎
1936
Team Up
Marshall teamed with Robert W. Stevens to form Marshall & Stevens. That same year, they became founding members of the American Society of Technical Appraisals (ASTA), alongside Stuart C. Tait and Samuel W. Gibson (Tait-Gibson).‎‎
1941
President
Stevens was named the first president of the ASTA, the American Society of Technical Appraisals, and he remained in that position until 1943.‎
1949
Early Acquisition
Marshall & Stevens acquired General Appraisal Company founded by General G.W. Goethals, the lead engineer on the construction of the Panama Canal.‎
1952
The ASA is Born
The ASTA merged with the Technical Valuation Society (TVS) to create a new organization called the American Society of Appraisers (ASA). Earl Marshall was named one of its incorporators.‎ ‎
1967
24 million acres
Marshall & Stevens appraised over 24 million acres (38,000 square miles) of land and associated mineral rights for Native American tribes.‎
1974
City of New York
Marshall & Stevens managed the valuation of City of New York assets in connection with the city’s refinancing.‎
1976
Howard Hughes
The IRS selected Marshall & Stevens to value the Howard Hughes estate.‎
1979
AT&T
Marshall & Stevens was selected as the arbitrating appraiser in the breakup of AT&T.‎
1988
Savings and Loan
Marshall & Stevens’ president, Robert Kerslake, testified at a Senate hearing in Washington DC in support of appraisal reform in response to the Savings and Loan crisis.
1998-2004
Gulf War
Marshall & Stevens was engaged to value assets of Kuwait businesses destroyed by Iraq during the Gulf War for reparation claims to be paid by the United Nations Compensation Commission.‎
2000
So California Edison
Southern California Edison engaged Marshall & Stevens for valuation of its power generating assets for disposition as dictated to the Public Utilities Commission.‎
2000-2001
Kinder Morgan Energy
Kinder Morgan Energy Partners engaged Marshall & Stevens to provide litigation support, including expert testimony and valuation of 1,800 miles of railroad easements across the Western US.‎
2001
Princess Cruises
Marshall & Stevens was engaged to value enterprises and assets for planned worldwide restructuring of P&O Princess Cruises.‎
2002
World Trade Center
Marshall & Stevens served in a litigation support role regarding insurance claims on the destruction of the twin towers of the World Trade Center on September 11, 2001.
2002
MGM Grand
MGM Grand Inc. engaged Marshall & Stevens to provide purchase price allocation services for the $6.4 billion acquisition of Mirage Resorts Inc.
2006
Crown Paper Company
Marshall & Stevens’ Vice Chairman, Alfred King, was designated as valuation expert and provided litigation support for multi-billion-dollar Crown Paper Company bankruptcy.‎
2006
$3.4 Billion Acquisition
Marshall & Stevens completed a valuation of enterprises and real estate of Holcim US Inc. and Aggregate Industries for FIRPTA compliance as a result of Holcim Ltd.’s $3.4 Billion acquisition of Aggregate Industries.
2007
Parmalat Securities
Marshall & Stevens’ Vice Chairman, Alfred King, served as expert witness and litigation support expert on both the international and domestic Parmalat Securities Litigations.
2009
$8 Billion in Las Vegas
Bankruptcy counsel engaged Marshall & Stevens to provide enterprise, intangible, and real estate valuations for the funding of the $8 Billion construction of CityCenter in Las Vegas.
2009-2011
1,400 Locations
The FDIC engaged Marshall & Stevens to value assets of over 80 financial institutions at over 1,400 locations across the US and in Canada for buy/sell consideration.
2012
Halliburton Reporting
Marshall & Stevens completed a valuation of Halliburton’s ownership in over 100 businesses around the world for tax reporting purposes.
2023-2025
Acquires 8 Companies
Rocky Mountain Advisory • Value Consulting Group • Lone Peak Valuation Group • Reliant Business Valuation • ValueScope • Acuity Advisors • Equitable Value • D.R. Payne &‎ Associates
