BREA, Calif.--(BUSINESS WIRE)--HdL Companies, a leading provider of revenue enhancement solutions for public agencies, is celebrating its 40th anniversary this April.
HdL Companies began its legacy of service to public agencies in 1983. The company’s founder, Robert Hinderliter, a City Manager and Finance Director, developed California's first comprehensive sales tax management program and secured legislation allowing for independent verification of state allocations. By 1987, Robert Hinderliter and Lloyd de Llamas joined forces and changed the company name to Hinderliter, de Llamas & Associates. With 25 clients and three part-time employees, HdL began serving public agencies by laboriously entering each taxpayer registration and monthly allocation manually into spreadsheets.
“Our goal was to provide a cost-effective and dependable service that understood the needs and pressures of local governments. By 2010, HdL had become an Employee-Owned company, grown to over 300 clients, and was joined by some of the most experienced local government employees,” stated HdL Co-Founder, Lloyd de Llamas.
Fast forward to 2023, HdL is celebrating four decades of growing revenue, opportunities, and partnerships. The firm has recovered over $3 billion in revenue, serves over 700 clients, and provides a full assortment of public agency revenue management services including misallocation recovery, tax and fee administration, economic development, indirect cost recovery, local tax software, cannabis compliance, and more. HdL now employs over 250 team members and has offices nationwide.
Andy Nickerson, HdL President/CEO, explains: “Our growth and success would not be possible without our exceptional clients who trust our expertise and our dedicated team. I’m thrilled to be celebrating this milestone and look forward to seeing what the future holds for HdL.”
One of HdL’s core values is to Give Generously. In celebration of HdL’s Founder’s Day on April 23rd, the company and its employee owners are funding a wish through their partnership with Make-A-Wish Orange County and the Inland Empire. HdL is proud to help make wishes come true through its continued partnership with the philanthropic organization, which is also celebrating its 40th anniversary.
HdL looks forward to continuing to assist local agencies with growing revenue, growing wishes, and growing opportunities.
About HdL Companies
HdL Companies is dedicated to supporting local governments across the U.S. with revenue enhancement, technology and consulting services that enable cities, counties, and special districts to better serve their constituents. Founded in 1983, HdL Companies comprehensive approach to revenue management is trusted by local governments nationwide. For more information, visit hdlcompanies.com.
