Finding the best investment bank is a challenge for many companies preparing for M&A, particularly for deals of $1M – $100M.
Tools for finding the best Boutique Investment Banks
We are working on some tools and peer-review-type material to help smallish companies find the best boutique investment banks. Think a cross between Michelin guide and Yelp for finding the best I banks.
At present we are doing this for a specific client, but we thought it might be interesting to other companies too.
We put this page here to try and find out if anyone will be interested in tools and/or a web resource for finding good I banks (including ratings by your peers). If so, we will go ahead and make these tools available. The more responses we get, the higher priority we will make this, so If this would be valuable to you, please follow the link above.
Selecting an investment bank is hard
Because investment bank compensation is typically proportional to the size of the deal, it is hard to get the attention of a big, famous investment bank unless your likely deal size exceeds their threshold, and that threshold can be large.
When companies try and figure out which are the best investment banks, for deals in the $1M to $100M range, they commonly find it very challenging. First, it is hard to find these boutique firms. Second, there is a lack of transparency about which are better than others. Of course, they all sound very convincing when you talk to them. But like everything in life, some are better than others. Furthermore, some specialize in specific industries, and this can be very important to take into account.
We think this is a good example of when it can help to get feedback from your peers. Unfortunately, most of us do not have dozens of peers who have been out shopping for a good investment bank. That is where we hope the tools we are contemplating will be helpful.
Read SciencetoProfits Blog: Investment Banks for Small Growth Businesses
Questions or comments?
- Contact Us: if you have questions or comments.