Last updated: October 2026
For a founder-owned Los Angeles company with $10M to $100M in revenue, we rank highest here, and CriticalPoint Partners follows, then NewCap Partners and Greif & Co at 18 each. Large banks generally are the best fit for companies above $100M in revenue, and brokerages are the best fit for sellers under $5M.
Kinected Advisors prepared this comparison, and we scored all nine firms on the criteria below. Full disclosure: we wrote this comparison and we’re on it, in first place. The weights are ours, and we show them below so you can re-weight them yourself. The only source for the other firms was what each firm states on its own website, and we link each one. Our own Los Angeles sales, Alros Label and Clements Environmental, show what a local process looks like when named partners run it.
Key Takeaways
- Every firm here has a Los Angeles-area office. Houlihan Lokey's site blocks automated reading, so its Los Angeles headquarters comes from public filings rather than its own pages. The choice turns on company size and sector, not distance.
- We rank first for owners in the $10M to $100M band. We're the only firm here that publishes a close rate (89%, firm-reported), and the only one that pairs an early exit-planning start (2 to 3 years before a sale) with a named methodology. CriticalPoint Partners follows, then NewCap Partners and Greif & Co at 18 each.
- CriticalPoint Partners is the only other firm whose pages name three or more Los Angeles-area sales. Most of the rest publish deal lists without saying where the companies are.
- Before you sign with anyone, ask for the last three Southern California sales with the buyer named and the number of offers each one drew.
How We Evaluated
How Were the Firms Scored?
Kinected Advisors prepared this comparison, and the weights are our own. We scored each firm out of 100 on five weighted criteria, using only what the firm states on its own website, read in October 2026. We also list a sixth factor, office location, that we show for every firm but don’t score. A site that’s silent on something gets a zero on that criterion. Ties break on the heavier criterion first, then alphabetically.
- Published close rate (30%). Does the firm publish a sell-side close rate on its own site? 30 points if yes, 0 if not.
- Early exit planning with a named methodology (25%). Does the firm say it starts 2 to 3 years (or 12 to 36 months) before a sale and name a pre-sale value program? 25 for both, 15 for one, 8 for readiness steps with neither, 0 for none.
- Senior attention (20%). Do partners or managing directors personally run the engagement, according to the site? 20 if named partners or principals run the deal, 10 for a firm-wide senior-level statement, 5 if it appears only in a testimonial.
- Named closes in Los Angeles or Southern California (15%). A close counts only if the firm’s own pages place the company in the area. Three or more with a buyer, side or date earn 15. One or two earn 10. None earns 0.
- Fit to the $10M to $100M revenue band (10%). Companies in the band generally have $1M or more in EBITDA. A published range inside the band scores 10, an overlap scores 7, no stated range scores 3. A range outside the band, or a site we couldn’t read, scores 0.
- Office location (not scored). M&A deals involve intense conversations that are best held in person. Every firm here is in the Los Angeles area, so location doesn’t separate them. We list each firm’s offices from its own website, read in October 2026.
Why These Weights?
Close rate carries the most weight because it is the one criterion that measures an outcome, and a sale either reaches a closing or it does not. Early planning and senior attention come next, because in our experience those two shape what a buyer pays. Named closes and band fit weigh less, because a list of past deals says less about an outcome than the process that produced it.
What Are the Limits of This Scoring?
Houlihan Lokey’s site blocks automated reading, so it scores zero on every criterion; that reflects only the pages we could read, and it does not describe the firm’s work. AGRA Capital Advisors’ site also blocked us, so we left it off rather than score it. Because we read up to 15 pages on each site, we would miss a figure published on a page we never reached, and a firm that lists deals without a location gets no credit for them here. If a firm points us to a page we missed, the score changes.
Where Does Kinected Land, and Why?
We score 100 and rank first on the criteria above. No other firm on this list publishes a close rate; ours is firm-reported and sits in our entry below. We also stand alone in stating an early exit-planning start, 2 to 3 years before a sale, alongside a named methodology, ExitBoost®. The other eight firms score between 0 and 28.
Comparison Table
| Firm | Score (of 100) | Best For | Published Deal Range | Named LA-Area Closes | Sell-Side Only | Offices |
|---|---|---|---|---|---|---|
| 1. Kinected Advisors | 100 | Founder-owned companies, $10M to $100M | $10M to $100M, generally $1M+ EBITDA | Alros Label, Clements Environmental, Compass Consulting | Yes | Encino, CA |
| 2. CriticalPoint Partners | 28 | Los Angeles founder and family companies selling to strategic buyers | Not stated for M&A | Barton Perriera, Bourget Bros, Comquest | No | El Segundo, CA |
| 3. NewCap Partners | 18 | Entrepreneurs selling at $10M to $100M in revenue | $10M to $100M revenue | None placed in the area | No, also represents acquirers | Los Angeles and Orange County, CA; 3 other locations |
| 4. Greif & Co | 18 | Family and entrepreneur-owned companies wanting a founder-led bank | Not stated | C.R. Laurence, Bristol Farms | Seller-focused, also raises capital | Los Angeles, CA |
| 5. DelMorgan & Co | 17 | Larger and cross-border transactions | $10M to $10B in value | None placed in the area | No | Santa Monica, CA |
| 6. Montminy & Co | 13 | Middle-market companies wanting a boutique with senior judgment | Not stated | None named in text | No | Santa Monica, CA |
| 7. Salem Partners | 13 | Media, healthcare, industrial and real estate deals that mix M&A and capital raising | Not stated | Inwesco, Armorcast | No | Los Angeles, CA; Southlake, TX |
| 8. Imperial Capital | 3 | Middle-market companies with a capital-markets angle | Not stated | None named | No | Los Angeles, CA; New York, NY; Stamford, CT |
| 9. Houlihan Lokey | 0 | Not verified | Not verified | Not verified, site blocks automated reading | Not verified | Los Angeles, CA (headquarters, per public filings) |
1. Kinected Advisors
Kinected Advisors is our firm, a sell-side M&A advisory shop working out of Los Angeles. We work with profitable, privately held companies with $10M to $100M in revenue, generally with $1M or more in EBITDA.
Best for: founder-owned Los Angeles-area companies in the $10M to $100M band whose owners want two senior partners and nothing but sell-side advice.
Score: 100 of 100 (close rate 30, exit planning 25, senior attention 20, named closes 15, band fit 10).
Offices: Encino, California (16255 Ventura Blvd, Suite 625), per kinected.com.
We publish our close rate, and it is firm-reported: 89%, against the 20% to 30% of businesses that go to market and actually sell, as reported by the Exit Planning Institute. No other firm on this list publishes one. We also get involved in exit planning 2 to 3 years before a sale, so the business is ready when buyers come looking. Our proprietary methodology, ExitBoost®, scores a business across six value dimensions and helps us do that. And you get senior attention: Kevin Berson, our Founder and Managing Partner, and Jim Twerdahl, an operator and acquirer, lead every engagement personally. You are not going to hire us and then get handed to a junior person.
We’re exclusively sell-side. We don’t act for buyers, manage acquisitions or raise capital.
Our Los Angeles-area record is public. On the Alros Label sale, a Los Angeles pressure-sensitive label manufacturer, we generated 50 or more signed NDAs in two weeks and eight offers in the first month, and the all-cash sale closed in under 120 days. On the Clements Environmental sale, a Los Angeles environmental engineering and consulting firm, the owner helped move client relationships to the buyer and retired on his own terms.
Closed deals in the Los Angeles area:
- Alros Label Co., a Los Angeles label manufacturer, acquired by Cover Label in 2018.
- Clements Environmental, a Los Angeles environmental engineering and consulting firm, acquired by Kairos Companies in 2019.
- Compass Consulting, a Southern California IT managed services company, acquired by CIO Solutions in July 2023.
| Seller | Sector | Buyer | Closed |
|---|---|---|---|
| Compass Consulting | IT Managed Services | CIO Solutions | 2023 |
| Clements Environmental | Environmental Consulting | Kairos Companies | 2019 |
| Alros Label Co. | Label Printing | Cover Label | 2018 |
See the California sales at Kinected’s closed deals in California, or the full list at all closed deals.
The case studies go further than the headline counts. On AF Machine, a California aerospace parts maker, we secured 85 signed NDAs within three weeks of going to market and 11 full-price offers within five weeks. On Compass Consulting, we first engaged with the sellers in February 2020, went to market in January 2023, contacted 209 buyers and closed in July 2023. Across all sectors, we also publish ~$1B advised and 50+ closed deals. If your company is clearly above $100M in revenue, you will be better served by the banks lower on this list.
2. CriticalPoint Partners
CriticalPoint Partners is an El Segundo investment bank and private capital firm founded in 2012. Its Los Angeles page says it is deeply embedded in the Los Angeles middle market, and it names three local sales with the buyer: Barton Perriera, a Los Angeles luxury eyewear brand sold to LVMH; Bourget Bros, a Santa Monica hardscape distributor sold to SiteOne; and Comquest, a Los Angeles medical education platform sold to TrueLearn.
Best for: Los Angeles founder and family companies that expect a strategic buyer and want a local bank with a private capital arm.
Score: 28 of 100 (close rate 0, exit planning 0, senior attention 10, named closes 15, band fit 3).
Offices: El Segundo, CA (2101 Rosecrans Avenue, Suite 4255), per its home page.
The Barton Perriera sale closed with LVMH in 60 days, and the firm says it more than doubled the first offer. The site says every engagement is led by senior professionals, but it names no partner on a deal, and an October 2026 release announced a new Managing Director for industrials. It does buy-side, sourcing, capital markets, special situations and valuation work as well, and its published $20M to $500M revenue range belongs to its investment arm, not its M&A advisory. We found no close rate or readiness program. Securities are offered through CriticalPoint Partners, LLC, a FINRA and SIPC member.
3. NewCap Partners
NewCap Partners is a middle-market sell-side firm with partners in Los Angeles and Orange County, plus Silicon Valley, Washington, D.C. and South Carolina. It is the one firm besides ours that publishes our exact range: it sells companies typically between $10 million and $100 million in annual revenue.
Best for: entrepreneurs in the $10M to $100M band who want a partner-led boutique and care more about range than a published deal list.
Score: 18 of 100 (close rate 0, exit planning 8, senior attention 0, named closes 0, band fit 10).
Offices: Los Angeles, Orange County, Silicon Valley, Washington, D.C. and South Carolina, per its contact page. No street address is shown.
NewCap says it likes to work with clients well in advance of a sale and helps them prepare for issues early, but it gives no start time or named program. Its transactions list has 109 tombstones that give a seller and a buyer with no location or year, so none count here. It typically represents sellers and also represents acquirers, and on the equity side it typically raises $5 million. Its 5 locations include two in our area. Securities run through Finalis Securities LLC, a FINRA and SIPC member.
4. Greif & Co
Greif & Co is a downtown Los Angeles bank led by founder Lloyd Greif. It says it does not seek to represent private equity firms or strategic buyers, so it has no buyer conflicts, and half its clients are family businesses.
Best for: family and entrepreneur-owned companies that want a founder-led Los Angeles bank with a long local record.
Score: 18 of 100 (close rate 0, exit planning 0, senior attention 5, named closes 10, band fit 3).
Offices: Los Angeles, CA (777 S. Figueroa Street, 38th Floor), per its contact page.
Its case studies place two sales in our area: C.R. Laurence, a Vernon glass-hardware maker founded in 1963 with 1700 employees, sold to CRH plc for $1.3 billion at a price 30% above target, and Bristol Farms, a Southern California grocer, where Endeavour Capital won the process. Neither page gives a year. Its senior attention score rests on one testimonial on its home page, which says Greif’s team stayed involved at every step. The firm also raises capital, states no range and shows no FINRA disclosure on the pages we read.
5. DelMorgan & Co
DelMorgan & Co is a Santa Monica investment bank that says its professionals have closed over $300 billion of transactions in more than 80 countries. It describes experience selling companies from $10 million to $10 billion in value.
Best for: larger or cross-border transactions where a Managing Director stays hands-on.
Score: 17 of 100 (close rate 0, exit planning 0, senior attention 10, named closes 0, band fit 7).
Offices: Santa Monica, CA (100 Wilshire Blvd, Suite 750), per its contact page.
DelMorgan says it runs a reverse pyramid, with more senior professionals than junior ones and Managing Directors hands-on throughout. Its transaction list is large-cap, such as Cinnabon and Times Mirror, with no year or Southern California location on the page. Its news page carries commentary on deals such as Paramount Skydance’s $41.4Bn senior secured notes pricing. It does restructuring and capital raising too, with capital raising offered through Globalist Capital LLC, a FINRA and SIPC member.
6. Montminy & Co
Montminy & Co is a Santa Monica boutique that says its professionals have completed more than 400 transactions and more than $25 billion in deal value. Its home page lists 15+ years in business, 25+ professionals and 350+ clients advised. Its founder, Mr. Montminy, leads the firm and spearheads its client assignments, and the site promises senior-level judgment in every engagement.
Best for: middle-market owners who want a boutique with senior judgment and a broader menu of capital markets and restructuring help.
Score: 13 of 100 (close rate 0, exit planning 0, senior attention 10, named closes 0, band fit 3).
Offices: Santa Monica, CA (201 Santa Monica Blvd, Suite 480), per its home page.
Its tombstones are images, and the site says the full list is available to clients on a confidential basis, so we couldn’t count a named local sale. The 20% average sell-side premium over market it cites is not a close rate. M&A services are provided through Montminy Securities, LLC, an SEC registered broker-dealer. The page footer carries a 2022 copyright date.
7. Salem Partners
Salem Partners is a Los Angeles investment bank and wealth management firm with a Texas branch office. Its deal list leans toward media, healthcare and real estate financings, with some M&A in industrials.
Best for: companies where the deal mixes a sale with capital raising, especially in media, life sciences and real estate.
Score: 13 of 100 (close rate 0, exit planning 0, senior attention 0, named closes 10, band fit 3).
Offices: Los Angeles, CA (11111 Santa Monica Blvd, Suite 2250) and Southlake, TX, per its investment banking page.
Two industrial sales place a company in our area: Inwesco, an Azusa manufacturer sold to a CRH company in December 2022, and Armorcast, sold to Hubbell in 2020, each with Salem as exclusive advisor. Its 2026 list is mostly financings, such as a $140 million senior term loan for ValpakClipp and a $500 million growth investment into Rightsline. The firm does sell-side and buy-side work, merchant banking and wealth management, and we found no range, close rate or senior-attention statement. It is a FINRA and SIPC member.
8. Imperial Capital
Imperial Capital is a Los Angeles investment bank for middle-market companies and financial sponsors. Its strength, by its own description, is raising capital across the capital structure, with sell-side and buy-side M&A advisory and restructuring beside it.
Best for: middle-market companies and sponsors whose deal turns on financing, high-yield debt or restructuring.
Score: 3 of 100 (close rate 0, exit planning 0, senior attention 0, named closes 0, band fit 3).
Offices: Los Angeles, CA (10100 Santa Monica Blvd, Suite 2400), New York, NY and Stamford, CT, per its firm page.
We found no named transactions, close rate, readiness program or range on the five pages we read. That says little about the firm’s work. It says the site gives an owner nothing to check. Imperial Capital has served issuers, institutional investors and private equity firms for almost 30 years and lists 3 locations. It is a FINRA member.
9. Houlihan Lokey
Houlihan Lokey is a publicly traded global investment bank headquartered in Los Angeles. Its site blocks automated reading and we couldn’t read a single page, so it scores zero on every criterion. The headquarters comes from its public filings, and we state nothing about its deals.
Best for: we couldn’t read its site, so we can’t verify its range. Banks of its size usually work with companies well above $100M in revenue.
Score: 0 of 100 (close rate 0, exit planning 0, senior attention 0, named closes 0, band fit 0).
Offices: Los Angeles, California (headquarters, per public filings). Its site blocked reading, so we can’t list other offices.
Ask Houlihan Lokey directly where a company with $10M to $100M in revenue sits among its engagements and who would run the deal day to day.
How to Choose
Is the Firm Close Enough to Meet in Person?
Deals need in-person conversations. Every firm here has a Los Angeles-area office, and Houlihan Lokey’s Los Angeles headquarters comes from public filings, so distance doesn’t separate them. The choice turns on size and sector instead: who has sold companies like yours, and who has the partner time for a company your size.
Is This a Broker Sale or an M&A Advisory Sale?
Business-sale brokerages list a business and generally serve sellers under about $5M. The large banks generally take on companies above $100M in revenue. A founder with $10M to $100M in revenue sits between the two, which is where the boutiques on this page work. Our guide on how to pick the best M&A advisor covers that band.
Can the Firm Show Me Three Southern California Sales With the Buyer Named?
A list of deals tells you little without a place, a buyer and a date. Only two firms here, ours and CriticalPoint Partners, place three or more local sales on their pages. Ask any firm how many NDAs and offers its last comparable sale produced, and how many weeks it took to reach a letter of intent.
Who Will Be in the Room?
Ask which partner leads, who writes the marketing materials and who negotiates the letter of intent. At a boutique it is usually the same person throughout. At a larger bank, ask who runs the deal day to day and how much of the senior team’s time it gets.
Should I Engage an Advisor at All?
A peer-reviewed study of private-company sales, Does Hiring M&A Advisers Matter for Private Sellers?, found that once you account for which sellers choose to use an adviser, advisers have a positive effect on deal valuations. The same paper notes that advisers carry fees and potential agency costs, so ask what you’re getting for them.
How Likely Is a Sale to Close?
The Exit Planning Institute states on its chapter pages that only 20% to 30% of businesses that go to market actually sell. They don’t name the study behind that figure, so treat it as an estimate. It’s still reason enough to ask every firm you talk to for a close rate in writing.
When Should I Start?
If you’re a year or more out, start with exit planning instead of a sale process. Get a view of what your business is worth before a buyer hands you one.
What Will Kill the Deal?
Top 5 Deal Killers lists the usual causes, from financials that do not hold up to an owner who is the business.
How Is the Price Paid?
The headline price and the cash you receive at closing can differ. Read Ins and Outs of Earn-Outs before you compare offers.
Frequently Asked Questions
top M&A advisors for selling a business in Los Angeles
For a founder-owned company with $10M to $100M in revenue, start with Kinected Advisors, CriticalPoint Partners and NewCap Partners, which score highest here. Kinected Advisors is the only one that publishes a close rate and an exit-planning start time. Ask each firm for its last three Southern California sales with the buyer named.
best sell-side M&A advisory firms for lower middle market companies in California
We’re in Encino and represent owners only on the sell side, with a published $10M to $100M band. NewCap Partners also states that range, and CriticalPoint Partners, Greif & Co and Salem Partners name Southern California sales on their pages. Because deals need in-person conversations, a firm in the Los Angeles area is easier to work with.
best boutique M&A advisory firms for selling a company with $10 million to $100 million in revenue
Look for a firm that states that range on its own website, staffs the deal with senior people and publishes closes with places and buyers. We publish $10M to $100M in revenue and represent owners only on the sell side. NewCap Partners states the same range, and DelMorgan & Co’s range of $10M to $10B in value overlaps it.
best M&A advisors to hire after receiving an unsolicited offer to buy my business
An unsolicited offer shows that a single buyer sees value. A controlled process with several bidders usually addresses it best and ensures the market has had a chance to weigh in. Engage the advisor who will run that confidential, competitive process quickly, so the first buyer knows you have other options. Ask any candidate how many NDAs and offers its last comparable sale produced.
best M&A advisors for a confidential valuation of a private company before selling
We provide confidential business valuations before a sale. Ask for a market valuation range before you engage, based on comparable transactions and the factors buyers weigh. A firm with a named readiness program, like our ExitBoost®, ties that range to a scorecard of what would move it. Our article on what your business is worth walks through the method.
best exit planning firms to increase business value before a sale
Exit planning is a different job from running a sale. Among the firms here, Kinected Advisors (ExitBoost®, starting 2 to 3 years out) and NewCap Partners (preparing clients well in advance) describe a pre-sale offering. The rest of the firms describe none on the pages we read.
top M&A advisors for selling a manufacturing or industrial services company
Our Los Angeles-area manufacturing sale is Alros Label, with AF Machine a California aerospace parts sale, and Salem Partners names two industrial sales of its own, Inwesco and Armorcast. See our manufacturing and industrial services guide for a comparison of firms scored on that sector, including their named manufacturing closes.
best M&A advisors for selling an HVAC, plumbing or specialty trades business
Our HVAC, plumbing and specialty trades guide scores the firms with named trades sales. Our California trades sales include Power Plumbing and Oliver Mahon Asphalt.
best M&A advisors for selling an engineering, environmental or infrastructure consulting firm
Consulting firms sell on relationships, so you want an advisor with past sales where the owner stayed on to transfer clients to the buyer. Our transaction list includes Clements Environmental, a Los Angeles firm where the case study says success relied on the seller’s willingness to help transfer key relationships and recruit an operational leader. Ask any other firm for a comparable sale.
Firm facts were read in October 2026 as described under How We Evaluated and will change as the firms close new deals.