Linda M. Paul announces the sale of DHP, Inc. to its employees who are committed to carry forward David H. Paul’s legacy

Linda M. Paul announces the sale of DHP, Inc. to its employees who are committed to carry forward David H. Paul’s legacy

February 19th, 2021 – Too many years ago for me to remember, David H. Paul made the decision to sell his company to his employees. They tried an ESOP but that was not the right venue, so they entered into a gentleman‘s agreement to make that a reality.

It is my honor and privilege to announce that today I have sold DHP, Inc. to Charlie Bedford, Darrell Cunningham and Dick Youmans, the three employees of DHP, Inc. When David passed away unexpectedly in June 2019, I made a commitment to the employees and to his family that I would not make any changes for one year. I was grieving the loss of the love of my life and knew that I was not in any condition to make sound business decisions. That year has come and gone and as of summer 2020, the employees and I entered into discussions about the sale of DHP, Inc. to the employees. I am honored to announce that we have closed the deal and DHP, Inc. has new ownership. I will forever be a confidant, a supporter, and the biggest cheerleader of the company my husband founded 30+ years ago. DHP, Inc. remains the world leader in training and consulting in advanced water treatment. His daughters and I stand by to assist as needed and we have full confidence that Charlie, Darrell and Dick will do an amazing job in carrying forth David’s legacy. Please join with me in congratulating them and helping them move into the post-Covid era with our support and confidence.