Hartzog Conger Cason LLP
How we got $8.3M
Based on its 36 employees and its payroll, both reported for PPP in 2020 and brought up to date.
Estimated value over time
▲ 26% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 89% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 36 | $10.0M |
| 2020 | Form 5500 | 63 | $17.5M |
| 2021 | Form 5500 | 63 | $17.5M |
| 2022 | Form 5500 | 64 | $17.8M |
| 2023 | Form 5500 | 67 | $18.6M |
| 2024 | Form 5500 | 67 | $18.6M |
| 2025 | Form 5500 | 68 | $18.9M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
Signs of a sale Likely to sell
- In business 47 years (since 1979)
- Founder still runs it after 47 years
From public records and the company's website, not a statement that it's for sale.
What they do
Hartzog Conger Cason is a law firm in Oklahoma City that says it provides legal representation with a focus on service, team-based strategies, and personal communication with clients.
From the company's website. Industry: Law firms.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| HARTZOG CONGER CASON LLP this business | $14.0M | — |
| AMY J SINE PLLC Oklahoma City · 1 employees | $596K | 0.0 mi |
| ARMAND PALIOTTA PC Oklahoma City · 1 employees | $572K | 0.0 mi |
| ASHLEY L. POWELL, PLLC Oklahoma City · 1 employees | $498K | 0.0 mi |
| BILL JOHNSON, PC Oklahoma City · 1 employees | $560K | 0.0 mi |
| C. RUSSELL WOODY, P.C. Oklahoma City · 1 employees | $529K | 0.0 mi |
| CALDWELL, FUNCK, THOMPSON & HANNER PC Oklahoma City · 6 employees | $2.2M | 0.0 mi |
The full calculation
| Employees reported to the SBA | 36 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $11.7M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $12.9M |
| Estimate: the two combined (geometric mean) | $14.0M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $2.0M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $8.3M |
| Multiple for this size and industry | 4.1× |
| Value range | $4.4M – $11.3M |
| Revenue range | $9.2M – $16.0M |
| EBITDA range | $1.3M – $2.3M |
| Industry (NAICS) | Offices of Lawyers (541110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
“In April 1979, Larry joined forces with two successful young attorneys Bill Conger and Len Cason, creating what is now known as Hartzog Conger Cason.”
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/7/2020 | first | $702K | 36 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Hartzog Conger Cason LLP
Hartzog Conger Cason LLP is a law firms company in Oklahoma City, Oklahoma, in business since 1979. It is owned by Larry Hartzog (Founder). Its estimated annual revenue is about $14.0M, with roughly $2.0M of EBITDA. It has about 68 employees. Its estimated business value is $8.3M (likely range $4.4M–$11.3M).
Common questions
- Who owns Hartzog Conger Cason LLP?
- Hartzog Conger Cason LLP is owned by Larry Hartzog (Founder), according to public sources such as the company's website or filings.
- How much revenue does Hartzog Conger Cason LLP make?
- SeeBITDA estimates Hartzog Conger Cason LLP's annual revenue at about $14.0M (likely between $9.2M and $16.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Hartzog Conger Cason LLP worth?
- About $8.3M, roughly 4.1× its estimated EBITDA of $2.0M, typical for a law firms company its size. Likely range: $4.4M–$11.3M.
- How many employees does Hartzog Conger Cason LLP have?
- About 68, from its 2025 retirement-plan filing.
- When was Hartzog Conger Cason LLP founded?
- Hartzog Conger Cason LLP has been in business since 1979.
- Is Hartzog Conger Cason LLP for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 47 years (since 1979); founder still runs it after 47 years.