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Professional ServicesM&A Advisory$8M Revenue

M&A Advisory Firm Books 29 Exit-Ready Owner Meetings

A lower middle-market M&A advisory firm needed to reach business owners considering exits. AI agents helped them connect with owners at the right moment—before they talked to other advisors.

* Company identity anonymized to protect client confidentiality. Results verified.

29
Owner Meetings
$4.2M
Potential Fees
4
Engagements Won
$1.8M
Closed Fees

The Challenge

This M&A advisory firm represents sellers in the lower middle market ($5-50M in revenue). Their average engagement is $15-30M enterprise value, with success fees of $400K-800K.

Finding business owners at the right moment is the hardest part of their business. Most owners don't decide to sell until they're burned out or facing a triggering event. By then, they've often already talked to competitors.

  • Business owners don't announce exit intentions
  • Need to reach owners before competitors do
  • Low volume, very high value per engagement
  • Owners skeptical of M&A advisor outreach

The Solution

They deployed 5 AI agents targeting business owners showing exit-readiness signals:

Aging Founders
Owners 55+, 20+ years in business
Growing Companies
$10-40M revenue, strong margins
Industry Consolidation
Sectors with active PE interest
Succession Gaps
No clear internal successor

Messaging focused on education rather than selling: industry valuation trends, what buyers are looking for, and how to position for a premium exit. The approach positioned them as advisors, not salespeople.

The Results

Meetings with owners29 qualified conversations
Potential fees in pipeline$4.2M
Engagements won4 sell-side mandates
Transactions closed2 deals (18 months)
Success fees collected$1.8M

"We closed two transactions from AI-sourced meetings—$1.8M in fees. The ROI is astronomical. The AI reached owners who were thinking about exit but hadn't talked to anyone yet. That's the holy grail in our business."

MP
Managing Partner
M&A Advisory Firm [Anonymized]

Quick Facts

IndustryM&A Advisory
Company Size$8M Revenue
Agents Deployed5
Timeframe18 months
Target PersonasBusiness Owners

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