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A New Era at DH Technologies: Announcing Our Transformation to an Employee-Owned Company


News provided by

DH Technologies, Inc.

Jan 17, 2024, 14:01 ET

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DH Technologies Embraces Employee Ownership
DH Technologies Embraces Employee Ownership

We are thrilled to announce a significant milestone in the journey of DH Technologies. As part of our commitment to innovation, employee empowerment, and sustainable growth, we have officially transitioned to an Employee Stock Ownership Plan (ESOP) https://www.dhtech.com/employee-owned-company. This transformation marks a new chapter in our story. An ESOP not only empowers our employees by making them shareholders, but it also reinforces our core values of teamwork, dedication, and shared success. Our team is our greatest asset, and now, they are also our partners in every sense of the word. Why an ESOP? We believe in creating a culture where every member feels invested in our collective success. This move aligns with our vision of fostering a more inclusive and collaborative workplace, where each contribution is recognized and rewarded. As we embark on this exciting journey, we want to extend our heartfelt thanks to our dedicated employees, loyal clients, and supportive community. Your trust and collaboration have been instrumental in reaching this milestone. Stay tuned as we continue to innovate and grow together. Here's to a future where every employee is an owner, and every success is shared!

LEESBURG, Va., Jan. 17, 2024 /PRNewswire-PRWeb/ -- DH Technologies, Inc. is pleased to announce its transition to an Employee Stock Ownership Plan (ESOP), marking a significant milestone in the company's history. This strategic move underscores DH Technologies' unwavering commitment to its customers, vendor partners, and employees, as all current employees become integral participants in the ESOP, making the company 100% employee-owned.

The decision to convert to an ESOP reflects DH Technologies' dedication to fostering long-term sustainability and shared prosperity within the organization. This transition will not only solidify the company's financial stability but also enhance the quality of service provided to customers and strengthen relationships with vendor partners.

Our transition to an ESOP is a testament to the incredible talent and dedication of our team. Empowering them as owners opens a new chapter of innovation and excellence. We're excited to see the remarkable achievements they will undoubtedly drive in this new era.

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"We are excited to embark on this new chapter as a 100% ESOP-owned company," said Devin Henderson, CEO at DH Technologies. "This transition is a testament to our belief in the power of employee ownership, and it aligns perfectly with our core values. Our customers and vendor partners can rest assured that we are fully committed to delivering excellence in all aspects of our business."

The ESOP structure ensures that all employees have a vested interest in the company's success, creating a strong sense of ownership and responsibility. As co-owners, employees will have a voice in decision-making processes and be rewarded for their dedication and hard work.

Benefits of DH Technologies' ESOP conversion:

  • Strengthened Commitment to Excellence: With employees now holding a stake in the company, there is a heightened commitment to providing top-notch products and services, ensuring customer satisfaction remains a top priority.
  • Enhanced Vendor Partnerships: Vendor partners will benefit from increased collaboration and trust as DH Technologies' employee-owners are incentivized to nurture mutually beneficial relationships.
  • Employee Well-being: All DH Technologies employees can share in the company's success and enjoy financial security through their participation in the ESOP.
  • Long-Term Sustainability: The ESOP structure sets the stage for DH Technologies' continued growth and stability, benefiting all stakeholders.

DH Technologies looks forward to a prosperous future as an employee-owned company and is excited about the opportunities this transition presents for everyone involved. The commitment to excellence, employee well-being, and strong partnerships will continue to be at the forefront of the company's mission.

About DH Technologies, Inc.: DH Technologies, Inc. is a leading government contractor committed to delivering innovative solutions to government challenges. With a rich history of excellence and a newfound dedication to employee ownership, DH Technologies is poised for a bright and prosperous future.

Media Contact

Barry Allen, DH Technologies, Inc., 1 703-592-6309, [email protected], www.dhtech.com

SOURCE DH Technologies, Inc.

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