A Message to Clients and Partners Regarding COVID-19

VRC's Preparation and Response

Dear Clients, Partners, and Friends of VRC,

In the course of the COVID-19 pandemic, VRC is taking measures to ensure the continuity of client service and meeting client deadlines, while also protecting the health and wellness of our colleagues and communities.

Our firm is taking the outbreak of the virus seriously and have taken active measures to do our part to prevent the spread. We have established a management committee that is monitoring virus-related developments and will address concerns as they arise.

  • As of March 15, many of our offices have closed, and most employees are working from home. Our robust technology infrastructure gives all VRC employees the ability to work effectively and securely while outside of the office.
  • We have suspended all non-essential business travel until further notice and are prohibiting travel to countries that the CDC has identified as high-risk.

VRC has disaster mitigation and business continuity plans in place for both its infrastructure and physical offices. We are prepared for and confident that all business functions can and will continue with a fully remote workforce. Our professionals are disciplined in leveraging best practices to perform all business-critical functions remotely.

We also understand that we are potentially facing a new global economic reality in addressing issues such as financial stress, risk management, and industry disruption. In the face of such uncertainty, however, frameworks for valuation and financial opinions remain consistent and reliable. As valuation and financial advisory professionals, we approach this difficult period with that in mind—it is through thoughtful, objective, and transparent communications, and support for our clients and colleagues that we will remain available to meet your business needs.

We appreciate your partnership and encourage you to contact any member of our professional staff with your questions, comments, or concerns.

Our best regards,

PJ Patel, Co-CEO | Justin Johnson, Co-CEO | John Czapla, Chairman of the Board