Anyone have any info on BDO Investment Banking practice? They claim to be MM, but I just know them as fringe big 4 accounting, advisory, valuation, and capital markets.

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It’s just a LMM shop like any MM boutique, just won’t pay like a bank.

Depending on the country will be either on par with B4 M&A/CF shops or sub $2M EBITDA.

Honestly it could be in the US and in certain countries it definitely would be.

For instance, UK and Canada, their deals are definitely closer to the $2M (or £) than the $15M. 15M would be EV…

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