TKO Miller
TKO Miller is an independent, Milwaukee-based middle-market investment bank founded in 2016 that provides sell-side, buy-side, MBO, recapitalization, and debt advisory services to family-owned and founder-held businesses across the U.S. and Canada.
- Company typePrivate
- Founded2016
- HeadquartersMilwaukee, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TKO Miller does
TKO Miller, LLC is an independent, advisory-focused middle-market investment bank founded in 2016 and headquartered at 788 North Jefferson Street in Milwaukee, Wisconsin. The firm provides M&A and financial advisory services — sell-side advisory, buy-side advisory, management buyouts, recapitalizations, debt capital assistance, and consultation services — to family-owned, founder-held, and private-equity-owned businesses across the United States and Canada. Coverage is organized across five industry verticals: Diversified Industrial Manufacturing, Technology & Tech-enabled Services, Paper/Plastic/Packaging, Scaffolding & Construction Services, and Consumer Products/Food & Beverage.
The firm operates a relationship-driven, professional services business model with no proprietary technology platform; revenue is generated through transaction success fees and retainers negotiated on a mandate-by-mandate basis. Its "product" is banker judgment, buyer/seller network access, and transaction execution, supported by a content funnel that includes the Deal Team Six podcast, a blog, and an eBook library targeted at owner-operators contemplating a sale. Co-Founder and Managing Director Tammie Miller leads a team that has closed more than 500 transactions totaling $10.6B in cumulative deal value, with senior bankers holding prior roles at Grace Matthews, Corporate Financial Advisors, Alex. Brown & Sons, Kidder Peabody, Lehman Brothers, PwC, and operating roles at Intel, Raychem, and Sony. The firm is privately held by its working partners with no institutional or PE ownership and a single $2.78M funding event on record in September 2023.
TKO Miller firmographics
Firmographics- Name
- TKO Miller
- Legal name
- TKO Miller, LLC
- Website
- https://tkomiller.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TKO Miller is an independent, Milwaukee-based middle-market investment bank founded in 2016 that provides sell-side, buy-side, MBO, recapitalization, and debt advisory services to family-owned and founder-held businesses across the U.S. and Canada.
- Ownership category
- akta.pro rank
TKO Miller industry classification
Industry- Product category
- Middle Market Investment Banking & M&A Advisory
- NAICS
- Miscellaneous Intermediation (523910), Portfolio Management and Investment Advice (52394)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Sell-Side M&A Advisory (FSAEAGAA)
- akta.pro secondary industries
- Buy-Side Search & Acquisition Advisory (FSAEAIAD), Mid-Market Buyout (FSANABAB), Fairness Opinions & Independent Financial Advice (BPAHAOAF)
Keywords
Where TKO Miller is headquartered
LocationHeadquarters
- HQ city
- Milwaukee
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TKO Miller business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- M&A Advisory Services: TKO Miller generates revenue through providing merger and acquisition advisory services including sell-side advisory, buy-side advisory, management buyouts, recapitalizations, and debt capital assistance. The firm acts as exclusive investment banking advisor for transactions, earning success fees or retainers typical of middle market investment banks.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
TKO Miller product offering
Product offeringCore offering
TKO Miller is an independent middle market investment bank providing merger and acquisition advisory services to family-owned and founder-held businesses. Its core offerings include sell-side advisory, buy-side advisory, management buyouts, recapitalizations, debt capital assistance, and pre-sale consultation services, delivered primarily across manufacturing, packaging, consumer products, industrial services, and technology-enabled services sectors in the United States and Canada.
Product overview
TKO Miller is an independent, advisory-focused middle market investment bank offering a unified suite of M&A advisory services rather than a software product. The firm's service offerings include Sell-Side Advisory, Buy-Side Advisory, Management Buyout Services, Recapitalizations, Debt Capital Assistance, and Consultation Services. These services are delivered across five industry verticals: Diversified Industrial Manufacturing, Technology & Tech-enabled Services, Paper, Plastic & Packaging, Scaffolding & Construction Services, and Consumer Products, Food & Beverage. The firm also offers educational content through its Deal Team Six Podcast. Founded in 2016 and headquartered in Milwaukee, WI, TKO Miller specializes in serving family-owned and founder-held businesses with over 135 years of collective transaction experience across more than 500 closed transactions totaling $10.6 billion in transaction value.
Differentiator
Problem solved
Functional benefit
Brands
- Deal Team Six Podcast®: A mergers and acquisitions podcast created specifically for family- and founder-held business owners contemplating a sale of their company.
Products and services
- Sell-Side Advisory M&A advisory engagement in which TKO Miller represents the seller (typically a family-owned or founder-held business) through valuation, buyer identification, marketing, negotiation, and closing. Targeted at owners planning a sale of a middle market company in manufacturing, packaging, consumer products, industrial services, or related verticals.
- Buy-Side Advisory M&A advisory engagement in which TKO Miller represents a strategic or financial buyer seeking to grow via acquisition, reduce exposure to industry cycles, or pursue add-on/platform deals. Includes target identification, valuation, deal structuring, and negotiation.
- Management Buyout Services Advisory service that guides executives, consultants, and sales leaders through management buyouts, helping them purchase the business they operate. Covers valuation, financing, structuring, and negotiation with current owners.
- Recapitalizations Advisory service assisting owners in monetizing a portion of their equity through partial sales or recapitalization events while retaining operational control and upside. For business owners looking to capitalize on built-up equity without a full exit.
- Debt Capital Assistance Debt financing advisory that leverages TKO Miller's lender relationships to help business owners secure financing arrangements previously outside their reach. Typically accompanies M&A transactions or recapitalizations.
- Consultation Services Pre-sale advisory engagement where TKO Miller performs diagnostic consultations to identify operational, financial, or market challenges in a business and reposition them as value-creation opportunities ahead of a sale.
Quantifiable outcome
- 500+ successfully closed transactions demonstrating deep M&A experience for clients
- +2 more outcomes
Companies that use TKO Miller
Customer profileNamed customers10 records
Segments4 records
Ideal customer profiles3 records
TKO Miller technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
TKO Miller partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
TKO Miller competitors and assessment
Company assessmentDirect peers
- Grace Matthews: Independent, advisory-focused middle-market investment bank based in Milwaukee, serving industrial, consumer, and packaging sectors. Direct peer — same geography, similar service mix, and several TKO Miller team members (Tammie Miller, Nick Kozik) previously worked there.
- Capstone Partners: Middle-market investment banking advisory firm with deep coverage of industrial, business services, and consumer sectors. Comparable in deal size band ($10M-$500M), service offering (sell-side, buy-side, recap), and target client profile (privately-held businesses and PE groups).
- Lincoln International: Global middle-market investment bank specializing in M&A advisory across industrials, packaging, consumer, and business services. Comparable transaction-size band and sector mix; broader geographic footprint and larger deal team, but directly competes for sell-side mandates in TKO Miller's verticals.
- Generational Equity: Large middle-market M&A advisory firm focused on selling private, family-owned businesses with revenues of $10M-$250M. Direct peer — same client segment (family/founder-held businesses) and similar sell-side orientation, though larger and more volume-driven.
- Brown Gibbons Lang & Company: Independent middle-market investment bank with M&A advisory across industrial, consumer, and business services. Comparable deal size, target profile (family-owned and PE-backed), and service offering.
- Sun Mergers & Acquisitions: Middle-market M&A advisory firm focused on lower-middle-market and family-owned businesses. Overlapping client profile and deal-size band; competes for sell-side mandates in similar industrial and consumer sectors.
- Livingstone Partners: Global middle-market M&A advisor with strength in industrial, packaging, and business services. Comparable target client (family-held and PE-backed middle-market companies) and deal-size band.
Broad incumbents
- Robert W. Baird & Co. (Global Investment Banking): Large, diversified financial-services firm with a sizable middle-market M&A advisory practice based in Milwaukee. Overlaps with TKO Miller in geography, sector focus (industrial, consumer, packaging), and client profile, but is a much larger full-service institution with capital-markets capabilities TKO Miller does not offer.
- William Blair & Company: Mid-sized investment bank with active middle-market M&A practice serving family-owned, founder-held, and PE-backed businesses across industrials and consumer. Comparable client segment but a broader full-service platform (equity research, capital markets).
Others
- Benford Capital Partners: Lower-middle-market private equity firm investing in industrial, consumer, and business-services companies across the U.S. Listed as a buyer in TKO Miller's closed transactions (acquired Legacy Bakehouse). Functionally a transactional counterparty and recurring buyer-side relationship rather than a competitor.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
TKO Miller social profiles
Digital presenceTKO Miller financial estimates
Financial estimateRevenue estimate
Valuation estimate
TKO Miller leadership team
Management profileNumber of profiles
Profiles5 records
TKO Miller funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TKO Miller M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TKO Miller
What does TKO Miller do?
TKO Miller is an independent middle market investment bank providing merger and acquisition advisory services to family-owned and founder-held businesses. Its core offerings include sell-side advisory, buy-side advisory, management buyouts, recapitalizations, debt capital assistance, and pre-sale consultation services, delivered primarily across manufacturing, packaging, consumer products, industrial services, and technology-enabled services sectors in the United States and Canada.
Is TKO Miller a public or private company?
TKO Miller is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was TKO Miller founded?
TKO Miller was founded in 2016. It employs 11 to 50 people.
Where is TKO Miller based?
TKO Miller is headquartered in Milwaukee, United States, in the North America region.
How does TKO Miller make money?
One revenue line is on record: M&A Advisory Services.
Who are TKO Miller's main competitors?
Direct peers on record are Grace Matthews, Capstone Partners, Lincoln International, Generational Equity, Brown Gibbons Lang & Company, Sun Mergers & Acquisitions and Livingstone Partners. Broad incumbents are Robert W. Baird & Co. (Global Investment Banking) and William Blair & Company. Benford Capital Partners is listed as an others.
Does TKO Miller have an API?
No public API is recorded for TKO Miller.
What industry is TKO Miller in?
TKO Miller's product category is Middle Market Investment Banking & M&A Advisory. Its primary akta.pro industry code is FSAEAGAA, Sell-Side M&A Advisory, with a secondary code of FSAEAIAD, Buy-Side Search & Acquisition Advisory. Its NAICS code is 523910 and its SIC code is 6211.