July 29, 2024 – Los Angeles and Dallas – Solganick has been named a Top 25 Lower Middle Market Investment Bank by Axial for Q2 2024.

Axial released its Q2 2024 Lower Middle Market Investment Banking League Tables.

To assemble this list, Axial reviewed the deal-making activities of 404 investment banks and advisory firms that met the qualifications to be considered for league tables last quarter.

In Q2 of this year, the sell-side membership marketed 2,574 deals on the Axial platform. This is the third consecutive quarter of deal growth for its members, though last quarter’s numbers are still slightly lower (by 75 deals) than those of Q2 2023. 

Axial’s league table ranking methodology (detailed methodology available in the footnotes) is driven largely by four factors:

• Client quality (based on pursuits per deal and total recommended buyers)
• Buyside targeting (pursuit rate per deal)
• M&A process effectiveness (ability to progress buyers from initial pursuit to NDA to CIM)
• Deal outcome (IOI, LOI, and closure rates).

Aaron Solganick, CEO and Founder of Solganick, noted that “the Axial platform is very strong in the M&A industry and we are humbled and thrilled to be included in this recognition. Axial is considered a very credible source of M&A activity and transaction data.”

About Solganick

Founded in 2009, Solganick is a data-driven investment bank and M&A advisory firm focused exclusively on software and IT services companies. Our deal team has completed over $20 billion in M&A transactions to date.

For more information, please contact us.