Who We Are
There exists a gap in the lower-middle market for advisory and investment banking services. As the economy has expanded over the last decade, lower-middle market investment banks have grown to be too expensive for certain client types. Though these clients’ needs are sophisticated, they are usually not large enough to justify the time and fees of a more traditional investment bank. Client types generally include small businesses with revenues between $1 - $50 million, wealthy families or individuals, family offices, and private equity firms.
Andrew Bass
Managing Principal
Andrew Bass’s career sits at the intersection of investment management, business operations, and capital markets. He started his career working in the research departments of mutual and hedge funds, such as Berlin Financial, North Star Investment Management, and the Oakmark Funds under Bill Nygren. There, he spent his time researching, analyzing, valuing, and vetting thousands of different investments over dozens of industries, mainly in the public equity and debt markets.
He transitioned to a corporate strategy role while working with a publicly traded company where he proceeded to manage and integrate business divisions, guide corporate and business strategy, and serve as the Company’s Head of Capital Allocation and Investment Banker. He provided a variety of services, such as buy-side advisory, valuation and analysis, and capital markets advisory, in addition to raising over $20 million through a variety of securities, including traditional and alternative asset-based lending, hybrid, and equity securities.
He found his way back to the investment management industry after helping to set up and run a single-family office with over $1 billion in assets. He served as the Head of Investments where he analyzed and vetted hundreds of investment types across a wide spectrum, including Public and Private Equities, Debt and Hybrid Securities, Public and Private Fund Investments, and Real Estate.
Mr. Bass prides himself on having successfully worked with a wide range of businesspeople, including individuals, executive-level officers and directors, families, investment managers, and corporations. Examples of his work include:
Valuation Work
Private company valuation for lawsuit settlement negotiations
Private company valuation for tax planning purposes
Private real estate valuation for multi-generational family
Buy & Sell Side Advisory
Private company acquisition in the eCommerce industry by a private individual
Private company acquisition in the consumer products industry by a public company
Private company acquisition in the industrial products industry by a public company
Private company acquisition in the HVAC industry by a private equity syndicate
Capital Markets Advisory
Raised $12 million in traditional asset-based lending for a public company
Raised $5 million in alternative asset-based lending for a public company
Raised $4 million of equity and hybrid equity for a public company
Corporate Strategy Review
Provided net operating loss analysis for over $20 million in value
Provided valuation and strategic analysis on an over $30 million consumer products company
Provided valuation and strategic analysis on a $5 million-in-value private investment
Provided valuation and strategic analysis on a $100 million public investment
Mr. Bass’s work is clear and concise. He has experience in distilling complex subject matters down into analysis and reporting that is easily digestible and actionable.