David has more than 30 years of experience leading complex corporate and commercial transactions and resolving a wide array of commercial, financial, human resource, and other critical business issues and disputes. His practice focuses on complex business and commercial transactions, such as mergers, acquisitions, enterprise financing, business dispute resolution, and serving as the outside “in-house” counsel for numerous private enterprises.

David brings tremendous experience to his work, not only through his practice of law but also his work as a managing director of a middle-market investment bank, executing sell-side and buy-side merger and acquisition advisory projects, and also his key role as an owner, chief operating officer, and in-house counsel of an internet start-up company.

As the Transactions Team Leader, which is the heart of the firm’s corporate transactions practice, David concentrates his practice on:

  • Acquisitions
  • Capital Formation
  • Debt and Equity Financing
  • Corporate and Enterprise Transactions
  • Management and Board Representation
  • Commercial Transactions
  • Business and Ownership Dispute Resolution
David serves an expansive array of markets and industries, including:
  • Large and Mid-Sized Corporations
  • Business Enterprises
  • Boards
  • Officers
  • C-Suite Executives
  • Founders, Buyers, & Sellers
  • Capital Providers for Commercial Enterprises

David graduated with distinction from the University of Virginia, received his law degree from the University of Virginia, along with his Master of Business Administration from UVA’s Darden Graduate School of Business Administration. He is a retired Major in the United States Air Force, where he served as an F-4, A-7 and an F-16 fighter pilot, commander of the command and control center (C-4) for the 149th Tactical Fighter Squadron, Virginia Air National Guard, and supervisor of flying in a number of fighter squadrons and wings over his 20-year Air Force career, during operations in Europe and the Middle East.

In addition to his Air Force career, David was an investment banker for 12 years with Matrix Capital Markets Group. While serving as a Managing Director at Matrix, David supervised numerous sell-side and buy-side M&A transactions and a host of corporate financing transactions. Prior to joining Sands Anderson, he was also a Chief Operating Officer, in-house counsel, and part founding owner of an internet marketing firm that developed internet marketing solutions, online marketing strategies, and promotion of business-to-business services and products.

Education & Admissions

Education

University of Virginia
B.A., cum laude, 1973

University of Virginia School of Law
J.D. 1985

University of Virginia, Darden Graduate School of Business Administration
M.B.A 1985

Admissions

Supreme Court of Virginia

U.S. Court of Appeals for the Fourth Circuit

Honors & Recognitions

"Legal Elite," Virginia Business Magazine, Corporate Counsel 2017-2023

Experience

Selling Your Business

Helps midsize businesses market to major buyers, closing transactions in which owners successfully transition away from their businesses with resulting enterprise values of $10-50 million

Raising Capital:

Helped a major government defense contractor raise over $3 million with the new regulation A+ security offering

Resolving Disputes:

Resolved a major business dispute between two business owners, mapping out a settlement that allowed them to avoid litigation

Affiliations

Community

Third Presbyterian Church, Teacher

Center for Christian Study, University of Virginia, Former Board Member

Professional

Virginia Bar Association

News & Insights

  • “My unique business background equips me to proactively prevent costly business and legal mishaps. Whether your challenges involve organizing, financing, or operating your business, I help you stay on track and out of trouble.”

    David Carroll
Jump to Page

Sands Anderson Cookie Preference Center

Your Privacy

Necessary cookies enable core functionality such as security, network management, and accessibility. You may disable these by changing your browser settings, but this may affect how the website functions.

Strictly Necessary Cookies

Always Active

Necessary cookies enable core functionality such as security, network management, and accessibility. These cookies may only be disabled by changing your browser settings, but this may affect how the website functions.

Functional Cookies

Always Active

Some functions of the site require remembering user choices, for example your cookie preference, or keyword search highlighting. These do not store any personal information.

Form Submissions

Always Active

When submitting your data, for example on a contact form or event registration, a cookie might be used to monitor the state of your submission across pages.

Analytical Cookies

Analytical cookies help us improve our website by collecting and reporting information on its usage. We access and process information from these cookies at an aggregate level.

Powered by Firmseek