Investment Banking for Lower-Middle Market Software ($10M – $100M)
The software M&A market is bifurcated. At the top, “Bulge Bracket” banks (Goldman, Morgan Stanley) service billion-dollar unicorns. At the bottom, business brokers list small websites. But what if your company is in the middle?
iMerge Advisors fills the void in the Lower-Middle Market. We bring institutional-grade investment banking processes to software companies with $5M to $50M in revenue.
Why “Bulge Bracket” Tactics Fail in the Mid-Market
Big banks rely on brand name and massive auctions. But for a $20M SaaS company, a broad auction can be damaging—leaking confidentiality to competitors without guaranteeing a close.
Our approach is surgical. We curate a list of 50-100 highly qualified buyers (PE firms with specific thesis mandates and Strategic acquirers with integration capacity) rather than blasting your data to the world.
The “Full Service” Difference
Unlike brokers who simply make introductions, we manage the entire lifecycle:
- Analyst-Led Valuation: We build the financial models buyers expect to see.
- CIM Creation: We write the 30+ page Confidential Information Memorandum that tells your growth story.
- Data Room Management: We organize your IP and contracts to survive diligence.
- Closing Support: We negotiate the legal purchase agreement alongside your counsel.
Institutional Results for Founders
You have built an institutional-quality software company. You deserve an institutional-quality exit. Partner with iMerge Advisors for your transaction.