Duane Tolander is Managing Director of HDH Advisors, LLC, and a partner with the West Des Moines, Iowa, CPA firm, Denman & Company, LLP. Mr. Tolander has served as a business advisor and consultant to privately owned businesses for the past 20 years.

He advises clients regarding ownership aspects of their business, whether it involves an acquisition; sale to a management team, outside third party or ESOP; or transfer to family members. He helps clients determine value, structure, equity and financing needs. Because of his background as a CPA, he is uniquely qualified to advise clients on tax-related forecasting and strategic planning aspects related to a transaction. He also performs business valuations related to estate and gifting issues, ESOPs and divorce settlements. Mr. Tolander has worked with business owners on transactions throughout the United States and often is involved in the negotiation process.

Mr. Tolander also works with attorneys and business owners on litigation issues involving company value or other financial aspects. His experience includes providing expert testimony and working with attorneys in developing their cases. He has determined damages for stockholder disputes, contract and noncompete cases, wrongful deaths or terminations, and product liability suits.

An Iowa native, Mr. Tolander practiced as a CPA in Cedar Rapids for three years before joining Denman & Company, LLP, in 1982. Mr. Tolander became credentialed to perform business valuations in 1995 from the National Association of Certified Valuation Analysts (CVA) and has earned the Accredited Business Valuation (ABV) designation from the American Institute of Certified Public Accountants. Prior to HDH Advisors, Mr. Tolander was president of Corporate Continuity Group

Mr. Tolander is a member of and has served in various capacities for numerous professional and civic organizations. He has given talks to various organizations, including bankers, investment advisors, attorneys and insurance professionals to assist them in advising their clients.

Education & Professional Designations

• B.A., Business Administration and Accounting, Coe College

• Certified Valuation Analyst by the National Association of Certified Valuation Analysts

• Accredited Business Valuation by the American Institute of Certified Public Accountants

• Certified Public Accountant