Doeren Mayhew Capital Advisors

Background

Doeren Mayhew Capital Advisors is a full-service investment banking firm specializing in guiding middle-market companies through complex financial transactions. With over 15 years in investment banking and more than 500 transactions closed, the firm offers expertise in sell-side and buy-side advisory, financing, and strategic consulting. Operating under the broader Doeren Mayhew brand, which has a history dating back to 1932, the firm leverages a comprehensive suite of services to support clients' financial and strategic objectives.

Key Strategic Focus

Doeren Mayhew Capital Advisors focuses on providing tailored investment banking services to middle-market companies with revenues ranging from $10 million to $500 million. The firm's core services include:

Sell-Side Advisory: Assisting business owners in articulating goals, identifying potential buyers, and negotiating optimal deal terms.

Buy-Side Advisory: Formulating strategic approaches for acquisitions, expansions, or management buyouts.

Financing Advisory: Connecting clients with appropriate capital sources to fund operations or growth initiatives.

Strategic Advisory: Providing insights to identify opportunities and develop strategies for business growth.

The firm targets a diverse range of industries, including manufacturing, construction, and financial institutions, aiming to position clients for success beyond transaction closures.

Financials and Funding

In August 2024, Doeren Mayhew entered into an alternative practice structure with Audax Private Equity, a Boston-based firm managing approximately $19 billion in assets. This partnership is designed to support Doeren Mayhew's growth in service offerings, technology infrastructure, and geographic expansion through acquisitions. The firm's leadership remains in place, continuing to manage operations and strategic direction.

Pipeline Development

Doeren Mayhew Capital Advisors has a robust track record of facilitating transactions across various industries. Notably, the firm served as the exclusive financial advisor to ParkUSA in its $87.4 million sale to Northwest Pipe Company in December 2021, a deal recognized as a finalist in ACG Houston's 2022 Deal of the Year Awards.

Technological Platform and Innovation

The firm integrates advanced financial analysis tools and proprietary methodologies to deliver comprehensive investment banking services. Leveraging the broader Doeren Mayhew network, the firm offers clients access to a wide range of services, including financial due diligence, business valuations, and transactional tax implications, ensuring a holistic approach to each transaction.

Leadership Team

Doeren Mayhew Capital Advisors is led by a team of experienced professionals:

Jennifer Mailhes, Managing Director, Houston, TX

Richard Beamish, Managing Director, Troy, MI

Gokul Anil, Vice President, Houston, TX

Timothy Moore, Managing Director, Houston, TX

These leaders bring extensive experience in investment banking and financial advisory services, contributing to the firm's strategic growth and client success.

Leadership Changes

In August 2024, Doeren Mayhew announced a strategic partnership with Audax Private Equity. As part of this arrangement, the firm adopted an alternative practice structure, with Doeren Mayhew Assurance providing attest services and Doeren Mayhew Advisors LLC offering business advisory, tax, and non-attest services. The existing leadership team continues to manage operations and strategic direction.

Competitor Profile

Market Insights and Dynamics

The investment banking sector for middle-market companies is characterized by a competitive landscape with firms offering a range of advisory services. The market is driven by factors such as economic conditions, regulatory changes, and technological advancements.

Competitor Analysis

Key competitors in the middle-market investment banking space include:

W Partners: Specializes in mergers and acquisitions advisory services.

PME Capital: Offers financial advisory and capital raising services.

PPAC Advisors: Provides strategic consulting and transaction advisory services.

Capital Run: Focuses on investment banking and financial consulting.

Piedmont M&A Advisors: Specializes in mergers and acquisitions for middle-market companies.

These firms offer similar services, making differentiation through expertise, client relationships, and comprehensive service offerings crucial for competitive advantage.

Strategic Collaborations and Partnerships

Doeren Mayhew Capital Advisors benefits from its affiliation with Doeren Mayhew, a firm with a history dating back to 1932. This relationship provides clients with access to a broad range of services, including assurance, tax, and advisory solutions. Additionally, the partnership with Audax Private Equity enhances the firm's capacity for growth and innovation.

Operational Insights

The firm's strategic focus on middle-market companies, combined with its comprehensive service offerings and experienced leadership, positions it competitively within the investment banking sector. The partnership with Audax Private Equity further strengthens its market position by providing additional resources for expansion and service enhancement.

Strategic Opportunities and Future Directions

Doeren Mayhew Capital Advisors aims to leverage its partnership with Audax Private Equity to accelerate growth through service diversification, technological advancements, and geographic expansion. The firm plans to continue its focus on middle-market companies, offering tailored investment banking services that address the unique needs of this segment.