
Denis Ivanov
Verified Expert in Management Consulting
Management Consulting Expert
San Diego, CA, United States
Toptal member since July 4, 2018
Denis is a seasoned valuation professional with over a decade of experience in top private equity and consulting firms. He has analyzed investments totaling hundreds of billions in value and has worked with companies across various industries and growth stages. Denis specializes in transforming valuation processes through data-driven automation and is passionate about helping entrepreneurs with complex business valuations, financial modeling, and strategic transactions.
Career Highlights
Education Highlights
Certification Highlights
Expertise
- 409A Valuation
- Cap Tables
- Equity Valuation
- Fairness Opinion Reports
- Financial Modeling
- Valuation
Work Experience
Manager
Vista Equity Partners
- Transformed the valuation process by implementing data-driven automation, reducing the time required from several hours to just 30 minutes, an efficiency increase of over 90%.
- Performed portfolio valuations for a complex private equity portfolio exceeding $100 billion, ensuring precision and compliance with financial reporting standards.
- Collaborated with the deal team to identify valuation risks and ensure accurate and timely reporting for executive committees.
Vice President
Globalview Advisors
- Led the valuation of complex capital structures for private equity transactions, improving accuracy and compliance with ASC 820 standards.
- Implemented a streamlined process for IRC 409A valuations, reducing turnaround time by 30%.
- Conducted comprehensive valuations for ESOPs and gift and estate tax purposes, ensuring full compliance and accurate reporting.
Senior Associate
Vantage Point Advisors
- Built dynamic financial models in Excel that combined multiple input scenarios for companies in various industries and stages of growth, from pre-revenue to public companies.
- Evaluated privately held common (IRC 409A) and preferred stock by using Black-Scholes option pricing model.
- Analyzed convertible notes, warrants, preferred stock and their liquidation, conversion, participation, and dividend rights.
- Performed purchase price allocation projects (ASC 805) including intellectual property, assembled workforce, non-compete agreements, trade names, trademarks, trade secrets, and customer relationships valuations.
- Became proficient in excess earnings, weighted average return on assets (“WARA”), with and without, replacement cost, and relief from royalty methods.
- Produced business valuation reports containing general economic conditions, industry reports, and financial and valuation analysis.
Consultant
Altus Group (former PricewaterhouseCoopers Valuations)
- Performed over $2 billion worth of commercial real estate valuations for institutional clients on a monthly basis.
- Conducted complex debt valuations for institutional clients on 100+ investments using the fundamental (DCF) valuation approach (average size of $10 million).
- Performed M&A due diligence on a $23 billion real estate acquisition involving Blackstone and GE Capital. The research focused on lessees' credit ratings and their default probabilities.
- Optimized the monthly reporting by building dynamic Excel valuation models. This lowered the amount of time to refresh the models and doubled the monthly valuation volume.
- Estimated operating and capital budgets based on historical expenses and market comparables.
Associate, Private Equity Acquisitions
RH Capital Partners
- Developed comprehensive private equity valuation models in Excel.
- Performed acquisitions analyses for over $500 million in potential opportunities in real estate, entertainment, and technology sectors.
- Created company's pitch books which helped to attract new equity partners.
- Participated in investor interviews and presented research to the investment committee, adding over $100 million worth of acquisitions.
- Identified three potential investment opportunities in excess of $30 million each by performing thorough market research including analyzing macroeconomic trends, evaluating business plans and legal documents, and analyzing debt and equity.
- Worked on bringing Formula 1 to the Las Vegas Strip; built original financial return models for the project.
Education
Bachelor's Degree in Finance with a minor in Marketing
San Diego State University - San Diego, CA, USA
Certifications
The Ultimate MySQL Bootcamp: Go from SQL Beginner to Expert
Udemy
Blockchain Specialization
University at Buffalo and the State University of New York
Certified Valuation Analyst (CVA)
National Association of Certified Valuators and Analysts (NACVA)
Skills
Finance
Valuation, DCF Valuation, Valuation Multiples, Private Company Valuation, Comparable Company Analysis, Private Equity, Valuation Analysis, Private Equity Valuation, 409A Valuation, Equity Valuation, Financial Modeling, Portfolio Analysis, M&A Modeling, Three-statement Modeling, Financial Reporting, Fairness Opinion Reports, Cost of Capital, ASC 820, Forecasting, Due Diligence, Asset Valuation, Convertible Debt, Business Advisory, Purchase Price Allocation, Valuation Modeling, Certified Valuation Analyst, Mergers & Acquisitions (M&A), Revenue Modeling, Cash Flow Modeling, Transaction Modeling, Tax Planning, Liability Valuations, ASC 815, Equity Derivatives, Financial Advisory, Intangible Asset Valuation, Capital Raising
Output Software
Microsoft Excel, Microsoft PowerPoint, Microsoft Word
Data & Analysis Software
Capital IQ, Financial Data, Bloomberg, SQL
Geographic Expertise
United States, California
Industry Expertise
Technology, Real Estate, Commercial Real Estate, Financial Services, Residential Real Estate, Retail & Wholesale, Consumer Products, Consumer Finance, Healthcare, Industrials
Other
Cap Tables, Market Research & Analysis, Argus DCF, Argus Enterprise, Data Entry, Precedent Transaction Analysis, Loan Valuation, Budget Modeling, ASC 805, Quality Control (QC), IRR, Black-Scholes Model, Task Automation, Leveraged Buyout (LBO), Finance, Biotechnology, Manufacturing, ESOPs, Consulting, Presentations, Fair Value in Reporting, Quality of Earnings, ASC 718, ASC 350, ASC 360, Warrants, Stock Analysis, Startups, Acquisition Analysis, ICO, Management Consulting, MySQL, Monte Carlo Simulations, Gift and Estate Valuations, Project Management, Automation, Portfolio Reporting, Portfolio Valuations
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