Boutique M&A firms are winning over talent and clients in the mid-market

Big Banks vs. Boutiques: What Sets Independent M&A Advisors Apart

In today’s M&A market, business owners and investors often face a critical decision when choosing an advisor: go with a large global bank or partner with a boutique M&A firm. While both bring valuable expertise, the differences between them can be significant—and can ultimately shape the outcome of a transaction.

Full Deal Exposure for Rising M&A Talent

While large banks often silo junior professionals into narrow roles, boutique M&A firms like FRG and IMAP offer end-to-end exposure. Young bankers don’t just crunch numbers - they attend client meetings, support negotiations, and work across diverse sectors. This broad-based learning environment accelerates development and creates well-rounded dealmakers from the

outset.

Relationship-First Approach That Clients Trust

At FRG, every client matters. We are known for treating transactions with a personal touch - seeing our clients as long-term partners, rather than deal flow. For many business owners, particularly in the mid-market, that trust and alignment are just as important as the financial outcome.

Global Reach Without the Bureaucracy

When talent and clients work with FRG, they unlock an expanded world of know-how and relationships through our partnership in IMAP, receiving local insights into market trends and direct access to global decision makers. Unlike many mid-sized advisors, IMAP offers something rare: true global access. With teams in more than 50 countries and a strong culture of collaboration across borders, IMAP combines boutique flexibility with international coverage. The result? Mid-market clients benefit from global investor access and cross-border expertise - without sacrificing personal attention.

At FRG, we combine the personalized attention of a boutique firm with the global reach and expertise of an international network. Our commitment to client relationships, hands-on deal execution, and access to worldwide resources ensures that every transaction is tailored for success. We’re also dedicated to attracting and developing top talent, providing opportunities for growth and meaningful impact at every stage of a career. If you’re considering your next move or want to learn more about how our approach can unlock value for your business, reach out to us today—we’re here to help you achieve your goals.