David Turf is a managing director and a senior member of the firm's Fairness and Solvency Opinions practice. David leverages more than 25 years of corporate finance and valuation experience assisting boards of directors, management, trustees and shareholders with matters regarding mergers, acquisitions, divestitures, employees stock ownership plans and financing.
David has provided fairness opinions in a variety of transactions, including going-private, reverse merger, related party, ESOP and restructuring transactions, as well as traditional M&A transactions. He has provided solvency opinions in spin-offs and split-ups, leveraged buyouts, recapitalizations and other leveraged transactions. David has also advised companies on structuring debt securities and issued commercially reasonable debt opinions for debt issuances in related-party transactions.
David has experience in many industries, including consumer products, industrials, business services, engineering and construction, energy, and media and entertainment. Some of his notable clients include Illinois Tool Works, Honeywell International, Tyco International, Aon, Visa, Michael Kors, Mattel, Merck & Co, Atlantic Power Corporation, and Scripps Networks Interactive.
David received an MBA in finance and organizational behavior from the J.L. Kellogg Graduate School of Management at Northwestern University, where he graduated with distinction. He also holds a B.S. in finance from the University of Illinois at Urbana-Champaign, where he graduated with highest honors. He is a Chartered Financial Analyst and a FINRA Series 7 and 63 registered representative.
Ranked No. 1 for Global Fairness Opinions
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of global fairness opinions for full year 2022 and the past 10 years, according to Refinitiv cumulative data from 2013-2022.
Corporate Finance and Restructuring
M&A advisory, restructuring and insolvency, debt advisory, strategic alternatives, transaction diligence and independent financial opinions.
Fairness and Solvency Opinions
Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of U.S. and global fairness opinions over the past 10 years, according to Refinitiv cumulative data from 2013-2022.
Commercially Reasonable Debt Opinions
Advisory on capital structure, interest rate, and the other economic terms of debt securities.