Kevin Zanni

Kevin Zanni

Managing Director, Leader of Transaction Opinion Services Practice, and Chicago Office Director


8600 West Bryn Mawr Avenue, Suite 950N
Chicago, Illinois 60631

Kevin M. Zanni is a managing director with Willamette Management Associates. In addition to his work on all types of valuation and forensic analysis engagements for the firm, he is also the leader of our transaction opinion services practice. Kevin is also the director of the Chicago office. His practice includes valuation consulting, economic damages analysis, and financial advisory services.

Kevin has performed the following types of valuation and economic analysis assignments: merger and acquisition valuations, economic event analyses, divestiture valuations, private inurement opinions, business and stock valuations, economic damages analyses, option and warrant valuations, income producing property valuations, intangible asset impairment analyses, and restricted stock valuations.

He has prepared these valuation analyses for the following purposes: taxation (ad valorem, federal income, gift, and estate), transaction due diligence (acquisition, divestiture, and reorganization), financial accounting and reporting, forensic analysis and dispute resolution (dissenting shareholder disputes, breach of contract lost profits, and family law), fiduciary compliance, and corporate planning.

Kevin has valued the following types of business entities and securities: closely held business enterprises, fractional business interests, various classes of common/preferred stock, interest- bearing debt issues, intangible assets, general and limited partnership interests, and limited liability company interests.

Kevin has prepared business valuations, economic analyses, and financial advisory opinions for companies in the following industries: advertising, agriculture, aerospace parts manufacturer, airport management services, apparel manufacturer, arcade game manufacturer and distributor, auto parts distribution, automobile dealerships, boat and yacht retailer, book publishing, chemical manufacturing, commercial banking, commercial construction, commercial real estate holding and management, consumer products, commercial gaming, direct marketing, engineering services, electronic equipment manufacturing, equipment leasing, food brokerage and distribution, food processing, furniture and household product manufacturing and retailing, marine and repair services, medical practices (cardiology, optical, and general), medical research institutions, hardware distribution, home improvement product retailing and manufacturing, hospitality and resort operators, investment holdings, investment management and brokerage, film production and distribution, mattress and bedding manufacturing, metal fabrication, multi-family real estate and equity holding and management, oil and gas services, oil and gas exploration, pinball manufacturer, polymer manufacturer, printing and publishing, real estate development and brokerage, retail sporting goods, roadway contracting and construction, securities and brokerage, sign and advertisement manufacturing, specialty packaging, sports network operators, steel distribution, strip-mining excavation, sugar production and marketing, textile manufacturing, tool and die manufacturing and services, transportation and trucking, and utility operations.

Previous Experience

Prior to joining Willamette Management Associates, Kevin managed a valuation department for a Chicago CPA firm. In this capacity, he specialized in performing valuation, forensic analyses, and audit support services. Prior to that, Kevin performed valuation and forensic analysis services for a Miami CPA firm.

Kevin proudly served in the U.S. Army prior to his valuation consulting and economic analysis career.


Master of Arts, international business, Warrington College of Business Administration, University of Florida

Bachelor of Science, business administration and finance, University of Florida

Professional Designations & Affiliations

Accredited Senior Appraiser (ASA) - American Society of Appraisers

  • President, Chicago chapter of the American Society of Appraisers, 2013
  • First Vice President, Chicago chapter of the American Society of Appraisers, 2012
  • Second Vice President, Chicago chapter of the American Society of Appraisers, 2011
  • Secretary, Chicago chapter of the American Society of Appraisers, 2010
  • Treasurer, Chicago chapter of the American Society of Appraisers, 2009
  • Business Valuation Chairperson, Chicago chapter of the American Society of Appraisers, 2008
  • Certified in Entity and Intangible Valuation (CEIV) - American Society of Appraisers

Certified Valuation Analyst (CVA) - The National Association of Certified Valuation Analysts

  • Member of the Ideas and Technology Committee
  • Member of the Practice Development Committee

Certified Business Analyst (CBA) - Institute of Business Appraisers

Certified Fraud Examiner (CFE) - Association of Certified Fraud Examiners

Business Valuation Association of Chicago

  • First Vice President, Business Valuation Association of Chicago, 2016
  • Board member, Business Valuation Association of Chicago, 2015

Illinois CPA Society - Family Law Conference, Taskforce and Planning Organizer, 2010

American Institute of Certified Public Accountants, Forensic and Valuation Service Executive Committee SSVS/IVS Task force

For a detailed curriculum vitae, please contact Kevin Zanni.

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