David Althoff joined Duff & Phelps in 1997. He is a managing director in the firm's Chicago office and Global Head of the Diversified Industrials M&A Group. David has more than 20 years of experience in mergers and acquisitions, private placement and financial restructuring.

David specializes in providing M&A services, 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. 
 
David’s recent experience includes advising: a building products company on its $110 million sale to a European public company; a building products company on its $240 million sale to a strategic buyer; a manufacturing company on its $190 million sale to a private equity group; a manufacturer of food manufacturing equipment on its $85 million sale; a distributor of electrical components on its $100 million sale; a manufacturer of high-end functional pet food on its sale to a private equity group; and 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.
 
Prior to joining Duff & Phelps, David concentrated on cash flow lending at Harris Trust & Savings Bank. He also held positions in the structured finance group at Scotiabank and the middle-market lending group at Boulevard Bank.
 
In 2014, David was named one of the Top 50: Americas M&A Investment Bankers by Global M&A Network. David received his MBA in corporate finance from Drake University and a BBA in finance from the University of Iowa.

David 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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