David is currently unavailable

David Turney

Verified Expert in Management Consulting

Management Consulting Expert

Denver, CO, United States

Toptal member since January 7, 2018

Expertise

M&A Valuations Financial Modeling Financial Reporting Financial Analysis Portfolio Management Investment Analysis Corporate Finance

Bio

As a seasoned valuation professional based in Denver, David brings nearly 20 years of experience in delivering high-impact valuation services to private equity, public company, and private company clients. Throughout his career, he's collaborated closely with senior management teams across both public and private companies, including many Fortune 500 companies. Freelancing allows David to leverage his skills and experience to assist clients with complex and unique projects.

Career Highlights

Managing Director

Intrinsic LLC

Vice President

Kroll (formerly Duff & Phelps)

Vice President

Duff & Phelps

Education Highlights

Bachelor's Degree

Illinois State University

Certification Highlights

Chartered Financial Analyst (CFA)

CFA Institute

Case Studies

Sample Valuation Analysis

ValuationFinancial ModelingDiscounted Cash Flow AnalysisCost of CapitalPrecedent Transaction AnalysisComparable Company Analysis+ 1 more

Three Statement Model

Three-statement ModelingFinancial Modeling

Industry Expertise

Healthcare Services
Industrial Machinery & Equipment
Financial Modeling
Information Technology
Consumer Products

Other Expertise

Financial Modeling
Financial Reporting
Intellectual Property Valuation
Mergers & Acquisitions (M&A)
Purchase Price Allocation
Valuation

Work Experience

Managing Director

2018 - 2024

Intrinsic LLC

Managed a practice that increased revenue from approximately $1.4 million to $4.2 million over a 5-year period.
Directed the firm's activities related to technical valuation issues in financial reporting, providing solutions and guidance to the team and clients.
Focused on business development and client relationship management, specializing in private equity, venture capital, and operating companies.
Played a key role in team professional development, mentoring three individuals who advanced from senior associates to managing directors.

Focus areas: Valuation, Comparable Company Analysis, Discounted Cash Flow (DCF), Precedent Transaction Analysis, Intangible Asset Valuation, Financial Modeling, Financial Reporting, Mergers & Acquisitions (M&A), Recapitalization

Vice President

2014 - 2017

Kroll (formerly Duff & Phelps)

Provided valuation services, expertise, and advice to corporate clients, private equity funds, law firms, and other clients on matters involving valuation.
Managed and performed a variety of valuation projects for tax and financial reporting purposes, including business enterprise valuations, equity valuations, stock option valuations, and purchase price allocations.
Acted as a business development coordinator, including a proposal for a $1.5 billion acquisition of a household appliance company, resulting in an engagement that earned more than $200,000 in fees.
Developed financial models and managed the engagement for a purchase price allocation of an industrial safety equipment manufacturer acquired for $2.5 billion.
Participated in the acquisition of a $1.6 billion chemical distributor, performing financial and business due diligence, developing and evaluating financial models and strategic plans, and creating detailed reports.

Focus areas: Corporate Finance, Finance Strategy, Mergers & Acquisitions (M&A), Financial Reporting, Intellectual Property Valuation, Equity Valuation, Purchase Price Allocation, Financial Modeling, Cost of Capital, Valuation Multiples, Discounted Cash Flow (DCF), Valuation

Manager

2012 - 2014

Willamette Management Associates

Provided valuation services to law firms and corporations for tax reporting purposes.
Contributed to various business development efforts that resulted in the awarding of several engagements for the firm, including a recurring equity valuation for a logistics company with approximately $165 million in annual sales.
Presented the results of a business valuation analysis to the board of directors of a privately held corporation, which included describing various valuation approaches and cost of capital analyses.
Prepared a recurring equity valuation of a privately held healthcare distributor with approximately $1.5 billion in annual sales to assist management in determining the fair market value of equity for internal stock transactions.
Authored two articles on valuation that were featured in a quarterly firm publication, distributed to current and potential clients.

Focus areas: Equity Valuation, Financial Modeling, Cost of Capital, Valuation Multiples, Discounted Cash Flow (DCF), Valuation

Vice President

2006 - 2012

Duff & Phelps

Performed valuation analyses on a wide range of public and private companies across various industries while taking on an increasing level of responsibility for engagements in both internal and client management.
Acted as the lead analyst for seven professional sports franchise valuation engagements, including franchises in the NBA, NHL, MLB, NFL, and the English Premier League.
Managed the engagement with a $9 billion packaged food company which involved developing financial models and assisting senior management with valuation analyses related to a divestiture of a business division.
Prepared and presented the results of a recurring quarterly business valuation analysis to the board of directors of a privately held paper packaging company with $2 billion in annual sales.
Designed detailed equity valuation models and created detailed narrative reports to support the analysis of a global legal entity restructuring of an international IT products and service provider for tax planning purposes.

Education

1997 - 2001

Bachelor's Degree in Finance

Illinois State University - Normal, IL, USA

Certifications

AUGUST 2003 - PRESENT

Chartered Financial Analyst (CFA)

CFA Institute

Skills

Finance

Mergers & Acquisitions (M&A), Financial Reporting, Purchase Price Allocation, Intellectual Property Valuation, Valuation, Financial Modeling, Comparable Company Analysis, Cost of Capital, Discounted Cash Flow (DCF), Valuation Multiples, Equity Valuation, Finance Strategy, Corporate Finance, Three-statement Modeling, Capital Budgeting, Private Equity Valuation, Portfolio Analysis, Forecasting, Intangible Asset Valuation, Recapitalization

Output Software

Microsoft Excel

Industry Expertise

Consumer Products, Industrials

Geographic Expertise

North America, United States, South America, Asia, EMEA

Data & Analysis Software

Capital IQ

Other

Discounted Cash Flow Analysis, Precedent Transaction Analysis, Internet Protocols, Patents, Financial Analysis, Statistical Analysis, Portfolio Management, Transaction Comparables, Investment Analysis

Collaboration That Works

How to Work with Toptal

Toptal matches you directly with global industry experts from our network in hours—not weeks or months.

Share your needs

Discuss your requirements and refine your scope in a call with a Toptal domain expert.

Choose your talent

Get a short list of expertly matched talent within 24 hours to review, interview, and choose from.

Start your risk-free talent trial

Work with your chosen talent on a trial basis for up to two weeks. Pay only if you decide to hire them.

Top talent is in high demand.

Start hiring

Work Experience

Managing Director

2018 - 2024

Intrinsic LLC

Managed a practice that increased revenue from approximately $1.4 million to $4.2 million over a 5-year period.
Directed the firm's activities related to technical valuation issues in financial reporting, providing solutions and guidance to the team and clients.
Focused on business development and client relationship management, specializing in private equity, venture capital, and operating companies.
Played a key role in team professional development, mentoring three individuals who advanced from senior associates to managing directors.

Vice President

2014 - 2017

Kroll (formerly Duff & Phelps)

Provided valuation services, expertise, and advice to corporate clients, private equity funds, law firms, and other clients on matters involving valuation.
Managed and performed a variety of valuation projects for tax and financial reporting purposes, including business enterprise valuations, equity valuations, stock option valuations, and purchase price allocations.
Acted as a business development coordinator, including a proposal for a $1.5 billion acquisition of a household appliance company, resulting in an engagement that earned more than $200,000 in fees.
Developed financial models and managed the engagement for a purchase price allocation of an industrial safety equipment manufacturer acquired for $2.5 billion.
Participated in the acquisition of a $1.6 billion chemical distributor, performing financial and business due diligence, developing and evaluating financial models and strategic plans, and creating detailed reports.

Manager

2012 - 2014

Willamette Management Associates

Provided valuation services to law firms and corporations for tax reporting purposes.
Contributed to various business development efforts that resulted in the awarding of several engagements for the firm, including a recurring equity valuation for a logistics company with approximately $165 million in annual sales.
Presented the results of a business valuation analysis to the board of directors of a privately held corporation, which included describing various valuation approaches and cost of capital analyses.
Prepared a recurring equity valuation of a privately held healthcare distributor with approximately $1.5 billion in annual sales to assist management in determining the fair market value of equity for internal stock transactions.
Authored two articles on valuation that were featured in a quarterly firm publication, distributed to current and potential clients.

Focus areas: Equity Valuation, Financial Modeling, Cost of Capital, Valuation Multiples, Discounted Cash Flow (DCF), Valuation

Vice President

2006 - 2012

Duff & Phelps

Performed valuation analyses on a wide range of public and private companies across various industries while taking on an increasing level of responsibility for engagements in both internal and client management.
Acted as the lead analyst for seven professional sports franchise valuation engagements, including franchises in the NBA, NHL, MLB, NFL, and the English Premier League.
Managed the engagement with a $9 billion packaged food company which involved developing financial models and assisting senior management with valuation analyses related to a divestiture of a business division.
Prepared and presented the results of a recurring quarterly business valuation analysis to the board of directors of a privately held paper packaging company with $2 billion in annual sales.
Designed detailed equity valuation models and created detailed narrative reports to support the analysis of a global legal entity restructuring of an international IT products and service provider for tax planning purposes.