Get To Know Us

Donald M. Spence FCPA, FCA, FCBV

  • Fellow of the Canadian Institute of Chartered Business Valuators
  • Fellow of the Institute of Chartered Accountants of British Columbia
  • Member of the Institute of Chartered Accountants of Ontario
  • Chartered Arbitrator, ADR Institute of Canada
  • Member of the British Columbia Arbitration and Mediation Institute
  • Past President of the Canadian Institute of Chartered Business Valuators (CICBV)
  • Past Member of CICBV Board of Directors
  • Past Chair of the CICBV Accreditation Committee
  • Past Member of the CICBV Education Committee and Regulatory Issues Committee

Mr. Spence has been involved exclusively in business valuations, mergers and acquisitions, financial litigation support and related matters since 1985. Mr. Spence has acted on behalf of companies involved in a wide variety of industries throughout Canada as well as acting as an arbitrator on issues involving business valuation and financial matters. Mr. Spence has qualified as an expert witness and given testimony in the Supreme Court of British Columbia and the Expropriation Compensation Board of British Columbia.

Mr. Spence is a Past President of the Canadian Institute of Chartered Business Valuators (‘CICBV’) (1998 to 1999) and a Member of its Board of Directors (1992 to 1999). In addition, Mr. Spence also served as Chair of the Accreditation Committee and a past member of the Education Committee and Regulatory Issues Committee of the CICBV.  Mr. Spence was the Editor of the Business Valuator and a facilitator of the Valuation Law Review, quarterly and semi-annual publications published by the CICBV.

Mr. Spence has lectured at various professional development seminars for the Canadian Institute of Chartered Accountants, the University of Toronto (MBA Program), McGill University (Chartered Accountants Uniform Final Examination Preparatory Program), the Appraisal Institute of Canada, various Canadian Chartered Banks, the Canadian Association of Financial Advisors and the Certified General Accountants Association.  Mr. Spence contributed to the books Mergers and Acquisitions of Privately-Held Businesses, The Valuation and Pricing of Privately-Held Business Interests and Canada Valuation Service as well as authoring articles in the Business Sales and Acquisitions Digest and The Bottom Line.

Mr. Spence can be contacted at dspence@svgcapital.ca.

Derek Sanders CPA, CA, CBV, CFA

  • Member of the Canadian Institute of Chartered Business Valuators
  • Member of the British Columbia Institute of Chartered Professional Accountants
  • Chartered Financial Analyst Charterholder
  • Member of the CICBV Board of Directors
  • Chair of the CICBV Publications and Research Committee
  • Member of the CICBV Communications and Audit Committee
  • Treasurer of the Kelowna Art Gallery

Mr. Sanders has been working in the area of business valuations, mergers and acquisitions and financial litigation support services since 2004. Prior to joining Spence Valuation Group and SVG Capital Group, Mr. Sanders worked for national firms in valuations, transaction advisory and audit roles, in London, Kelowna and Vancouver.

Mr. Sanders has extensive experience in the valuation of privately-held companies in support of purchase and sales transactions, shareholder disputes, corporate reorganizations and estate freezes. Derek has also prepared business valuations and guideline income calculations for family law purposes, loss quantification analyses and limited critique reports for litigation purposes and through SVG Capital Group has advised numerous business owners through the marketing and sale of their businesses. He has experience with businesses operating in a variety of industries including a broad range of manufacturing industries, service, construction, distribution, technology, and retail.

Mr. Sanders serves on the CICBV Board of Directors and acts as Chair of the CICBV Publications and Research Committee. Mr. Sanders was Co-Chair of the 2016 CICBV National Conference, a Member of the Organizing Committee for the 2013 CICBV Western Regional Conference and is also an active member of the Okanagan CFA Society. In addition, he has lectured and presented on numerous topics related to business valuations, litigation support and mergers and acquisitions including lecturing at the Mini MBA for Lawyers in Vancouver and was a past contributor to the Law Society of BC in the development of its financial curriculum for the Professional Legal Training Course. He was the silver medalist when he wrote his national CBV exam and placed in the Top 10 in B.C. when he completed his CA exams.

Mr. Sanders can be contacted at dsanders@svgcapital.ca.

Michael Zuk CFA, MBA

  • CFA ® charterholder
  • Member of the CFA Society Okanagan
  • MBA, Schulich School of Business

Mr. Zuk has been working in the financial services industry for over twenty years.  Prior to joining SVG Capital Group in 2017, Mr. Zuk was an institutional equity salesperson for over ten years with two large global firms.  His primary activities were providing investment advice to portfolio managers and raising capital for public and private corporations.  Mr. Zuk also spent five years in investment banking (corporate finance and M&A transactions) and three years in equity research.  After completing his undergraduate degree at Queen’s University, Mr. Zuk lived and worked in Australia for four years.

Mr. Zuk has significant expertise in sales and relationship management; corporate and investor marketing presentations; business operations and analysis; and valuations.  Mr. Zuk also brings value through his extensive network of investor and corporate contacts across most industries in North America and around the globe.

Mr. Zuk can be contacted at mzuk@svgcapital.ca.

Graham Moir CPA, CA

  • Chartered Accountant, Chartered Accountant
  • Bachelor of Business Administration, Okanagan School of Business

Mr. Moir is a registered student with the Canadian Institute of Chartered Business Valuators and practices exclusively in the areas of business valuations, financial litigation support and mergers and acquisitions.

Prior to joining the Spence Valuation Group in 2015, Mr. Moir was a Senior Accountant at a large regional CPA firm and previously worked in the accounting group of a local manufacturing business. He is a member of the Institute of Chartered Professional Accountants of British Columbia and placed on the National Honour Roll when he wrote his CA exams in 2013.

Mr. Moir can be contacted at gmoir@svgcapital.ca.