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.