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Top 25 Lower Middle Market Investment Banks | Q3 2023

Axial

Technology ranked 4th in deal flow but had the highest average pursuit rate, 8.76%, of all sectors. See below for the full Q3 deal activity overview on the Axial platform, and for a more detailed breakdown by industry, check out The SMB M&A Pipeline: Q3 2023.

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Axial’s 2023 Independent Sponsor Report: Summary & Analysis

Axial

Sponsors lay out their investment focus across financials, geographies, and industries, and receive relevant opportunities directly from boutique investment banks, business brokers and company owners. The platform is used by over 2,000 boutique investment banks that don’t post/list their deals anywhere online.

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Transcript: Annie Lamont, Oak HC/FT

The Big Picture

How does this affect the deal flow you see in the companies you look at, do you have your own space and and that’s what you drill into? I carry Steve Jobs bags on the Apple IPO Road show, my first three months there. Or are, are you guys a little broader thinking about a, a variety of different types of companies.

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