David Althoff is a managing director and global head of Diversified Industrial M&A Advisory practice, based in the Chicago office. David leverages over 22 years mergers and acquisitions, private placement and financial restructuring experience in assisting public corporations, financial sponsors and family-owned businesses.
In addition to M&A advisory, David specializes in private placements of debt and equity and financial restructuring advice across multiple industries. He has also given numerous presentations and authored multiple articles pertaining to the mergers and acquisitions market.
Prior to joining Kroll, David served as Vice President at Harris Trust & Savings Bank. Before that, he held the title of Vice President at Harris Trust & Savings Bank, David has also held a Representative position at Scotiabank.
David’s experience includes: advising a building products company on its $110 million sale to a European public company; advising a building products company on its $240 million sale to a strategic buyer; advising a manufacturing company on its $190 million sale to a private equity group; advising a manufacturer of food manufacturing equipment on its $85 million sale; advising a distributor of electrical components on its $100 million sale; advising a manufacturer of high-end functional pet food on its sale to a private equity group; and advising a distributor of commercial electrical products on its sale to a publicly-traded private equity fund. David also recently advised on a $150 million capital raise to affect the spin-out of a unit of a publicly traded company.
David received an MBA from Drake University and a BBA from the University of Iowa.
In 2014, David was named one of the Top 50: Americas M&A Investment Bankers by Global M&A Network. He is on the board of trustees for the J.G. Murray Foundation and was honored as the 2015 Morrie Kellman Humanitarian Award Honoree for Little City, a community organization offering a comprehensive scope of services and amenities to individuals with intellectual and developmental disabilities.
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Corporate Finance and Restructuring
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Mergers and Acquisitions (M&A) Advisory
Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage. Duff & Phelps acquired Kroll in 2018 and unified under the Kroll brand in 2020.
Financial Sponsors Group
Dedicated coverage and access to M&A deal-flow for financial sponsors. In 2018, Duff & Phelps acquired Kroll and unified under the Kroll brand in 2020.
Transaction Advisory Services
Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum. Duff & Phelps acquired Kroll in 2018 and unified under the Kroll brand in 2020.