Valuation

As part of business combinations and financial reporting matters, many of our CFO, CEO, and chief accounting officers as well as their auditors turn to HDH to prepare fair value opinions and provide valuation consulting services. Our fair value team emphasizes the importance of maintaining knowledge and insight on the latest developments in this rapidly changing U.S. GAAP and IFRS arena.

The following are focus areas of our fair value services:

  • Business Combinations (ASC Topic 805; IFRS 3 (r))
  • Stock-Based Compensation (ASC Topic 718; IFRS 2)
  • Fair Value Measurements & Disclosures (ASC Topic 820; IFRS 13)
  • Intangibles – Goodwill & Other (ASC Topic 350; IAS 38 and 36)

Fair Value Team

Jonathan Carter

Managing Director

Tim Hillegass

Managing Director

Chad Hoekstra

Managing Director

Kyle Landers

Managing Director

Duane Tolander

Managing Director

Perry Walter

Managing Director

John Wright

Managing Director

Preparation of a comprehensive business appraisal is an important part of a host of tax-related situations. Our tax-related valuation team prepares appraisals in accordance with relevant appraisal standards (ASA, AICPA, NACVA, USPAP,). In addition, our team focuses on education regarding the latest developments in both tax court case precedent and practice.

The following outlines specific focus areas of our tax-related services:

  • Estate and Gift Tax Support Purposes
  • Estate Tax Administration
  • IRC 409a Opinions
  • IRC 83b Election Support
  • Family Limited Partnership and Limited Liability Company Discount Studies
  • S-Election Purposes
  • Personal Goodwill Opinions

Tax Purposes Team

Tim Hillegass

Managing Director

Chad Hoekstra

Managing Director

Duane Tolander

Managing Director

Perry Walter

Managing Director

HDH provides financial advisory and business valuation consulting services in connection with employee stockownership plans (“ESOPs”). We are engaged by independent ESOP trustees to consult on the initial ESOP installation and purchase of company securities, as well as the termination of an ESOP plan or sale of ESOP sponsored stock. Each of these engagements may require a feasibility study, business valuation, and fairness opinion. In addition, we provide annual fair market valuations for ESOP administration and ERISA and tax purposes.  We have consulted ESOP owned companies in a variety of industries including (but not limited to) architectural and engineering, manufacturing, distribution, staffing and recruiting, construction and contracting, environmental consulting, retail, and information technology.

ESOP Team

Tim Hillegass

Managing Director

Chad Hoekstra

Managing Director

Duane Tolander

Managing Director

Perry Walter

Managing Director

Our team is regularly engaged for valuation assignments relating to management planning. These engagements provide our clients with critical information to help them make better business decisions. The following outlines various purposes for management planning related engagements:

  • Capital raise-related decisions
  • Capital investment and facility expansion decisions
  • Ownership transition planning
  • Shareholder buy-sell agreement planning
  • Exit or sale considerations

Management Planning Team

Agencies such as the Small Business Administration (“SBA”) require an independent business appraisal when guaranteeing a loan. These business valuations must be conducted by a qualified appraiser and follow standard SBA operating procedures. HDH has prepared numerous appraisals in these settings. We can provide your bank with an independent valuation of a company or other identifiable intangible business assets to satisfy due diligence requirements necessary for financing. We understand the time-sensitive nature of obtaining financing and have trained professionals that can prepare appraisals than meet standards, in the time frames requested at efficient pricing.

SBA Loan Appraisal Support Team

As part of business combinations and financial reporting matters, many of our CFO, CEO, and chief accounting officers as well as their auditors turn to HDH to prepare real estate valuation opinions and provide valuation consulting services. Our real estate team emphasizes the importance of maintaining knowledge and insight on the latest developments in this rapidly changing U.S. GAAP and IFRS arena.

The following are focus areas of our real estate valuation services:

  • Real Estate Valuation and Appraisals
  • Purchase Price Accounting
  • Transactional and Advisory Services
  • Real Estate Tax Appeal and Strategy

Real Estate Team

Debbie Jackson

Managing Director

John Wright

Managing Director
hdhadvisValuation