Shenehon

What Shenehon does

Shenehon Company is a privately held professional services firm headquartered in Minneapolis, Minnesota, that has delivered business and real estate valuation services since its 1929 founding by F.E. Shenehon. The firm operates as one of a small number of multidiscipline valuation practices in the United States providing commercial real estate appraisals, business valuations (including holding companies, tangible, and intangible assets), consulting, and litigation support under a single roof, with stated qualification to handle business valuations of all types in every U.S. state. Its client base spans individual property owners, investors, government agencies, corporations, lenders, and federal/state/district courts that appoint the firm as expert witnesses.

The firm executes work through four core service lines—Business Valuations, Commercial Real Estate Appraisals, Consulting, and Litigation Support—using established appraisal methodology (cost, sales comparison, and income capitalization approaches) under the Uniform Standards of Professional Appraisal Practice (USPAP). The principal technical assets are human expertise and professional credentials rather than proprietary technology: team members carry designations including MAI (Member Appraisal Institute), CRE (Counselor of Real Estate), MCBA (Master Certified Business Appraiser), ASA, CBA, CVA, and BCA. President Robert J. Strachota holds both MAI and MCBA—the highest designations in each respective discipline—and has completed thousands of complex CRE and business appraisals over a 40-year career, while the broader team carries 150+ years of combined appraiser experience. No software product, API, or AI-enabled tooling is offered.

Shenehon monetizes through fee-for-service, project-based engagements with pricing determined by assignment complexity, scope, and asset type. Go-to-market is referral- and reputation-driven: direct client relationships, attorney referrals, lender relationships, and court appointments, supplemented by content-led demand generation through the Valuation Viewpoint newsletter (currently in Volume 28), articles on the firm website, trade-journal publications, and speaking engagements. The firm maintains a single Minneapolis office serving a national U.S. client base with no disclosed international operations, and shows no public funding, M&A, or institutional-investor involvement.

Name

Shenehon

Legal name

Shenehon Company

Website

https://shenehon.com

Company type

Private

Founded year

1929

Operating status

Operating

Headcount range

11–50 employees

Short description

Shenehon is a Minneapolis-based, privately held professional services firm providing business valuations, commercial real estate appraisals, consulting, and litigation support to corporations, government agencies, lenders, attorneys, and individuals across the United States.

Ownership category

akta.pro rank

Product category

Business Valuation Services

NAICS

Offices of Real Estate Appraisers (53132), Other Activities Related to Real Estate (531390)

SIC

Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Real Estate Valuation & Appraisal (BPAHANAC)

akta.pro secondary industries

Business Valuation & Litigation Support (BPAHABAK), Estate, Gift & Trust Valuation (BPAHANAL), Eminent Domain / Condemnation & Litigation Support Valuation (BPAJAKAJ), Tax Assessment Appeal & Property Tax Consulting (BPAJAKAK), Real Estate Valuation Review & Litigation/Dispute Support Advisory (BPAJANAK)

Keywords

• Business valuation services
• Commercial real estate appraisals
• Litigation support services
• Valuation consulting
• Expert witness testimony

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Professional Valuation Services: Fee-for-service professional services providing business valuations, commercial real estate appraisals, litigation support, and consulting. Revenue is generated on a project basis with fees based on complexity, scope, and property type. Services are provided to individual property owners, investors, government agencies, corporations, lenders, and courts.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Shenehon Company provides professional business and commercial real estate valuation services, including market value opinions for business operations, holding companies, tangible and intangible assets, and complex commercial real estate properties. The firm also provides litigation support as expert witnesses and customized valuation consulting, serving property owners, investors, corporations, lenders, government agencies, attorneys, and courts throughout the United States.

Product overview

Shenehon Company is a full-service business and real estate valuation firm offering four core service lines: Business Valuations, Commercial Real Estate Appraisals, Consulting, and Litigation Support. The company operates as a single-service firm (not a software platform) providing professional valuation services through expert analysts holding various professional designations including MAI, CRE, MCBA, ASA, and CBA. Founded in 1929, the company handles both standard assignments and complex multi-faceted projects throughout the United States.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Valuations Determining market value of business operations, holding companies, and tangible and intangible assets for owners, investors, corporations, and government agencies; the firm is qualified to handle business valuations of all types in every state.
• Commercial Real Estate Appraisals Nationally recognized appraisals for complex commercial real estate properties, including multi-faceted valuation projects covering commercial, industrial, multifamily, and special-purpose real estate throughout the United States.
• Consulting Expert consulting delivering customized analyses and recommendations on a wide variety of valuation scenarios for clients needing guidance beyond a standard appraisal opinion.
• Litigation Support Unbiased assistance in litigation matters, including expert witness testimony in federal, state, and district courts, commission hearings, and mediations for eminent domain, condemnation, and business damages cases.

Quantifiable outcome

• Over 95 years of continuous operation since 1929
• +2 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered minor.

• BenchMark AdvisorsminorStrategic or Co-development Partner · 1 January 2024Richard W. Dickinson from BenchMark Advisors contributed an article on conservation easements to Shenehon's Valuation Viewpoint newsletter, demonstrating a content collaboration relationship between valuation professionals.
• Hennepin PartnersminorStrategic or Co-development Partner · 1 January 2022Dave Santoni, Managing Director of Hennepin Partners (a boutique investment bank), contributed M&A market insights to Shenehon's Valuation Viewpoint newsletter. Hennepin Partners provides M&A advisory services to entrepreneurs, private equity firms, and corporations.
• Hennepin PartnersminorStrategic or Co-development Partner · 1 January 2021Jim Clancy, Managing Director of Hennepin Partners, contributed Technology & Software sector M&A market insights to Shenehon's Valuation Viewpoint newsletter covering 2021 M&A activity.
• Minnehaha Creek Watershed DistrictminorOthers · 1 January 2016Shenehon Company provided advisory services to the Minnehaha Creek Watershed District, a local government organization managing water resources in the Minneapolis area.

Scale indicators6 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Valbridge Property Advisors: One of the largest U.S. CRE appraisal and valuation firm networks, with a similar focus on commercial property valuations, complex assignments, and litigation support. Directly comparable to Shenehon's CRE appraisal practice in scope, credentialing standards, and client mix.
• Integra Realty Resources: National network of independently owned CRE valuation and consulting offices offering appraisal, appraisal review, and consulting. Mirrors Shenehon's CRE valuation, litigation/condemnation, and consulting services across property types.
• Mercer Capital: Mid-market business valuation and advisory firm providing valuations for M&A, ESOPs, estate/gift tax, and litigation — precisely the specializations underlying Shenehon's business valuation practice. Directly comparable in service mix and target clients.
• Empire Valuation Consultants: National business valuation firm serving attorneys, business owners, and government entities with litigation support, ESOP, and intangible/intangible-asset valuations. Directly comparable to Shenehon's multi-discipline valuation and expert-witness offering.
• Willamette Management Associates: Mid-size business valuation and litigation-support firm offering M&A, ESOP, intangible, and damages valuations. Directly comparable niche peer to Shenehon's business valuation practice and expert-witness services.

Broad incumbents

• JLL Valuation Advisory: Valuation arm of global commercial real estate services firm JLL, offering appraisal, portfolio valuation, and consulting for institutional clients. Overlaps with Shenehon's CRE appraisal practice but as part of a much broader diversified platform.
• CBRE Valuation & Advisory Services: Valuation and advisory arm of global CRE services leader CBRE, providing appraisal, valuation, and consulting across asset classes. Overlaps with Shenehon's CRE appraisal and litigation support engagements.
• Cushman & Wakefield Valuation & Advisory: Valuation and advisory practice within global CRE services firm Cushman & Wakefield, offering appraisals and consulting for institutional clients. Competes with Shenehon on complex CRE valuations but within a much larger diversified platform.
• Newmark Valuation & Advisory: Valuation arm of Newmark Group, providing CRE appraisals, fair-lending reviews, and consulting. Overlaps with Shenehon on commercial appraisal and consulting mandates as part of a broader capital-markets platform.

Regional players

• Burkhardt Appraisal & Valuation: Regional CRE appraisal and consulting firm with a similar mix of commercial appraisal and litigation support, though concentrated in a different geographic footprint. Comparable service model and engagement-based delivery.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/shenehon-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Shenehon