About
Darrel Damhof is a Business Intermediary with Murphy Business in Eden Prairie, Minnesota. He brings 40 years of business and banking experience, including more than 32 years in management, and works with owners planning either a sale or an expansion. He spent 25 years at Norwest Bank (now Wells Fargo), the first 18 in commercial banking, where he managed three commercial banking divisions serving small, medium, large, and multinational companies, and the last eight running an institutional trust department of seven business units that grew revenue 22% and profits over 40% a year. Over the following decade he became an entrepreneur and at one point owned and managed three businesses at once. He holds a bachelor's degree in finance from the Carlson School of Management at the University of Minnesota and is a graduate of the Graduate School of Credit & Financial Management at Williams College. He and his wife, Jo, live in Plymouth, Minnesota, and he is a golf enthusiast who has played courses across the US, Ireland, and Scotland.
Who is a good fit for Darrel Damhof
- Minnesota owners who want a former commercial banker to review deal financing
- Owners deciding between selling and expanding
- Buyers who need help structuring credit for an acquisition
Active listings (1)
Asking prices from $2.7M.