Nicholas S. Hoffmaster, ASA
Nic has been providing business valuation services since 2005. He has significant experience in valuing privately held companies for a variety of purposes including the establishment and annual administration of Employee Stock Ownership Plans (ESOPs), estate and gift taxation and related planning, shareholder buyouts, business sales and acquisitions, establishment of buy/sell agreements, pricing employee stock options, fair value accounting, intangible asset valuations, and litigation matters.
His valuation experience spans several industries including manufacturing, construction, retail and wholesale distribution, engineering, technology, real estate, dealerships, healthcare, government contractors, and professional service companies. Nic has also been engaged to develop financial forecasts and models for use in determining the feasibility of Employee Stock Ownership Plans.
Nic earned his Bachelor of Science degree in Finance and Economics from Shippensburg University in Shippensburg, Pennsylvania. He was awarded his Accredited Senior Appraiser (ASA) designation in business valuation from the American Society of Appraisers. He is a member of the Lancaster County, York County, and Central Pennsylvania Estate Planning Councils. He is also a member of the ESOP Association and the National Center for Employee Ownership (NCEO).