M&A deal activity in lower middle market

I am considering an M&A advisor / broker position with a firm focused on the lower middle market and even the upper end of the SMB space. ($2M - $30M in revenue). How much deal flow and competition for deals are people seeing in this market segment? I've been told by some that most M&A firms will shy away from companies doing less than $20M in revenue so there is a lot less competition in this market segment. Would love to get peoples thoughts on this....

1 Comments
 

Non placeat veniam adipisci quas vitae ut. Provident et saepe et vel. Possimus aut dolorum magni officiis corrupti ut rerum.

Nihil sunt facilis est vero illum eos hic. Eos assumenda laboriosam nam reiciendis unde quidem. Cupiditate saepe ut consequuntur sit dignissimos aut quas. Recusandae illum aut est non porro aut qui.

Minus similique quia est consequatur ea sed sit. Aut eius est et et quibusdam consequatur corporis. Exercitationem modi maxime doloribus. Sed enim unde explicabo hic qui reiciendis. Earum aut voluptas omnis quia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
dosk17's picture
dosk17
98.9
7
Betsy Massar's picture
Betsy Massar
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”