Fort Wayne’s Rival Holdings names VP of mergers and acquisitions

David McDonald

Fort Wayne, Indiana-based Rival Holdings has named David McDonald vice president of mergers and acquisitions.

McDonald brings a wealth of industry experience to Rival, most recently as director of private equity for Ambassador Enterprises. In that role, McDonald’s involvement focused on the company’s mergers-and-acquisitions activity and its relational and business development efforts.

Additionally, McDonald spent 15 years with Do It Best, where he successfully expanded the company’s global reach, opening new markets in Indonesia, South Korea, Cambodia and Saudi Arabia.

Rival launched operations in 2023.