What Does M&A Intermediary Mean?
An M&A intermediary provides a number of services related to middle market deal making such as acquisitions, divestitures and financings. In some instances, lawyers, CPAs and financial consultants can also act as an M&A intermediary.
An M&A intermediary refers primarily to practitioners that provide advice on transactions in the lower middle market between $5 million and $100 million. The ability to raise capital and deal complexity distinguishes an M&A intermediary from a private or public investment banker. An M&A intermediary is generally not active in raising equity or private placements and have less experience with more complex transactions such as MBOs, recapitalizations, reverse mergers, tender offers and IPOs.