David specializes in Fairness Opinions, Solvency Opinions and Surplus Opinions, Special Committee Financial Advisory, Reasonably Equivalent Value Opinions, ESOP and ERISA Advisory and Complex Valuations.
- Fairness opinion transaction expertise includes related-party transactions including General Partner led ("GP-led") secondaries, sell side/buy side mergers & acquisitions, spin-offs/split-ups/divestitures, going-privates and ESOP transactions.
- Solvency opinion transaction expertise includes dividend recapitalizations, spin-offs/split-offs, debt refinancings and inter-company restructurings.
- Valuation expertise is broad and includes the valuation of complex securities, periodic valuations of the stock of ESOP-owned companies, 409A valuations, and periodic portfolio valuations for fund managers.
Representative private equity clients include:
- Kohlberg Kravis Roberts & Co., Carlyle Group (NASDAQ: CG), Oaktree Capital Management, Advent International, 26North Partners, Arbor Investments, Centerbridge Partners, Evergreen Coast Capital, Entrepreneurial Equity Partners, Amulet Capital, Acorn Capital Management, Centerview Capital, Centergate Capital, and Speyside Equity, among others.
Representative corporate clients include:
- Ancestry.com, Fortune Brands Innovations (NYSE: FBIN), Master Brand Inc. (NYSE: MBC), Fathom Manufacturing (NYSE: FATH), Xtek, Inc., Daubert Chemical Company, Splunk (NASDAQ: SPLK), Pacific Life, Morningstar, Peabody Energy (NYSE: BTU), TXU Energy, Renewable Energy Group, Green Plains Renewable Energy, and Spencer Stuart, among others.
David has deep industry expertise in a broad range of industries given his unique background which spans executive roles for financial institutions as well as a prior consulting career in technology and manufacturing.
In addition to David’s 10 years at Kroll, David was an investment banker with Bear Stearns & Co. Inc. and served in senior executive corporate finance roles with Northern Trust and Citadel Hedge Fund. David also has prior technology and manufacturing consulting experience with Accenture and Price Waterhouse.
Education:
- The University of Chicago Booth School of Business, MBA, Finance and Accounting
- The University of Michigan, BSE, Industrial and Operations Engineering (magna cum laude)
- Financial Industry Regulatory Authority (FINRA) registered representative, Series 79 and 63 licenses.
