Cassel Salpeter
Cassel Salpeter & Co. is an independent Miami-based investment bank founded in 2010 that provides M&A advisory, capital raising, fairness opinions, valuations, and restructuring services to middle-market and emerging growth companies, with sector specialization in healthcare, aerospace and defense, technology, and consumer products.
- Company typePrivate
- Founded2010
- HeadquartersMiami, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Cassel Salpeter does
Cassel Salpeter & Co., LLC is an independent, privately held investment banking firm founded in 2010 by James S. Cassel and Scott Salpeter, headquartered in Miami, Florida. The firm provides M&A advisory (buy-side and sell-side), equity and debt capital raising, fairness and solvency opinions, business valuations, restructuring advisory (including Chapter 11 and Section 363 sale facilitation), and general strategic advisory. It serves middle-market and emerging growth companies across the United States with sector specialization in healthcare, aerospace and defense (including aviation/MRO), technology, consumer products and services, and industrial businesses. Engagements are delivered directly by senior partners with the support of 11–50 professionals, leveraging a referral network of attorneys, accountants, and intermediaries; the firm cites hundreds of transactions completed nationwide over its 15-year history and 50+ engagements in 2025 alone.
The firm's product offering is augmented by proprietary thought-leadership publications that function as both marketing assets and deal-sourcing channels: the semi-annual Florida Sponsor Deal Report, the quarterly Healthcare Investment Banking Report, the Aviation Deal Report, and the Tech Review. Pricing is engagement-based and not publicly disclosed, with fees typically structured as percentages of transaction value on M&A mandates and as fixed or monthly retainers on advisory engagements. Cassel Salpeter is a FINRA- and SIPC-member broker-dealer, reflecting its ability to perform capital-raising activities. It has received industry recognition including the M&A Atlas Fairness Opinion Advisor of the Year (2021), the M&A Atlas Small Market Corporate Deal of the Year (2021), the M&A Advisor Turnaround Award (2016), and the 12th Annual Turnaround Atlas Winner's Circle.
Cassel Salpeter firmographics
Firmographics- Name
- Cassel Salpeter
- Legal name
- Cassel Salpeter & Co., LLC
- Website
- https://casselsalpeter.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cassel Salpeter & Co. is an independent Miami-based investment bank founded in 2010 that provides M&A advisory, capital raising, fairness opinions, valuations, and restructuring services to middle-market and emerging growth companies, with sector specialization in healthcare, aerospace and defense, technology, and consumer products.
- Ownership category
- akta.pro rank
Cassel Salpeter industry classification
Industry- Product category
- Investment Banking Services
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
- akta.pro secondary industries
- Restructuring & Turnaround Advisory (BPAHADAD), Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs) (BPAHAOAG)
Keywords
Where Cassel Salpeter is headquartered
LocationHeadquarters
- HQ city
- Miami
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cassel Salpeter business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- M&A Advisory Services: The firm provides mergers and acquisitions advisory services, including buy-side and sell-side M&A representation, helping clients navigate complex transactions. Revenue is generated through advisory fees tied to transaction completion.
- Capital Raising: Assists companies in raising equity and debt capital through various financing structures. Revenue derived from successful capital raise completions.
- Fairness & Solvency Opinions: Provides independent fairness opinions and solvency opinions for boards of directors, special committees, and other stakeholders in transaction contexts.
- Valuations: Offers business and asset valuation services for various purposes including transaction advisory, litigation support, and financial reporting.
- Restructuring Services: Provides restructuring advisory including Chapter 11 plan facilitation and Section 363 sale transactions for distressed companies.
- Advisory Services: General strategic and financial advisory services for middle-market and emerging growth companies.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels7 records
Cassel Salpeter product offering
Product offeringCore offering
Cassel Salpeter & Co. is an independent investment banking firm that advises middle-market and emerging growth companies on mergers and acquisitions (buy-side and sell-side), equity and debt capital raising, fairness and solvency opinions, business and asset valuations, financial and operational restructurings (including Chapter 11 and Section 363 sale facilitation), and general strategic advisory. Engagements are delivered directly by senior partners to company executives, boards of directors, and special committees across sectors including healthcare, aerospace and defense, technology, and consumer products and services.
Product overview
Cassel Salpeter & Co. is an independent investment banking firm that provides advisory services to middle-market and emerging growth companies. The firm operates as a single-service business offering a unified suite of investment banking services including Mergers & Acquisitions, Capital Raising, Fairness & Solvency Opinions, Advisory Services, Valuations, and Restructurings. Additionally, the firm produces proprietary research publications including the Florida Sponsor Deal Report, Healthcare Investment Banking Report, Aviation Deal Report, and Tech Deal Report. The services are delivered through senior professionals without a modular or platform-based architecture.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Successfully handled in excess of 50 M&A, capital raising, restructuring, and advisory assignments in 2025 alone
- +2 more outcomes
Companies that use Cassel Salpeter
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles4 records
Cassel Salpeter technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Cassel Salpeter partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- AmplixcoreCassel Salpeter served as financial advisor to RAS3 Communications and Consulting in its sale to Amplix, a portfolio company of Gemspring Capital and a national provider of technology advisory services. Amplix operates as a strategic buyer expanding its technology advisory capabilities through the acquisition.
- CerterracoreCassel Salpeter advised Paramount Consulting & Engineering in its strategic partnership with Certerra, a provider of building envelope consulting, inspection and specialized testing services. The transaction expands Certerra's presence in the Southeast and forms part of its national TIC platform strategy.
- Apex CapitalcoreCassel Salpeter advised Intermark Foods, Inc. in a strategic partnership with Apex Capital, facilitating growth capital and strategic resources for the food company.
- Coral Terrace HospitalcoreCassel Salpeter represented Coral Terrace Hospital in the acquisition of Westchester General Hospital from Sanitas USA. The firm guided the buyer through the hospital transaction, preserving a vital community hospital and enabling operational and property acquisition.
Scale indicators4 records
Recent moves7 records
Expansion highlights4 records
Cassel Salpeter competitors and assessment
Company assessmentDirect peers
- Lincoln International: Independent middle-market M&A advisory firm with similar sector-specialized coverage and transaction-only model. Closest direct comparable in terms of boutique positioning, deal size focus, and cross-border middle-market mandates.
- Livingstone Partners: Independent global mid-market M&A advisory firm with comparable sector coverage (including healthcare and business services). Similar boutique positioning serving middle-market and emerging growth clients.
- B. Riley Financial: Diversified financial services firm with a significant middle-market advisory and restructuring practice. Comparable in M&A advisory, capital raising, and notable Chapter 11/restructuring work overlapping with Cassel Salpeter's distressed mandates.
Broad incumbents
- Lazard: Global financial advisory and asset management firm with a strong middle-market advisory practice. Comparable in M&A advisory and fairness opinions but competes from a much larger scale with bulge-bracket capabilities.
- Stifel: Diversified brokerage and investment bank with significant middle-market advisory franchise. Overlaps in M&A advisory, capital raising, and fairness opinions but operates at much greater scale across multiple business lines.
- Houlihan Lokey: Larger global middle-market investment bank with deep M&A, capital markets, and restructuring practices. Highly comparable service mix (M&A, fairness opinions, restructuring) but at significantly greater scale and international reach.
- Deloitte Corporate Finance: Big Four M&A advisory practice serving middle-market clients across sectors. Comparable in middle-market M&A advisory and valuations services but operates within a much larger professional services platform.
- Raymond James: Diversified financial services firm with a substantial middle-market investment banking practice. Comparable in middle-market M&A, capital raising, and healthcare sector focus but with a much broader retail/wealth and institutional platform.
Emerging players
- FTI Consulting: Global advisory firm specializing in restructuring, transactions, and valuation services. Directly comparable on restructuring/Chapter 11 mandates (overlapping with Cassel Salpeter's distressed work) though broader in forensic and litigation consulting.
Regional players
- Akerman LLP: Major Florida-headquartered law firm with a corporate transactions practice that overlaps in Florida middle-market M&A. Comparable regional Florida ecosystem presence rather than direct competitive overlap in capital markets.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Cassel Salpeter social profiles
Digital presenceCassel Salpeter financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cassel Salpeter leadership team
Management profileNumber of profiles
Profiles12 records
Cassel Salpeter funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cassel Salpeter 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 Cassel Salpeter
What does Cassel Salpeter do?
Cassel Salpeter & Co. is an independent investment banking firm that advises middle-market and emerging growth companies on mergers and acquisitions (buy-side and sell-side), equity and debt capital raising, fairness and solvency opinions, business and asset valuations, financial and operational restructurings (including Chapter 11 and Section 363 sale facilitation), and general strategic advisory. Engagements are delivered directly by senior partners to company executives, boards of directors, and special committees across sectors including healthcare, aerospace and defense, technology, and consumer products and services.
Is Cassel Salpeter a public or private company?
Cassel Salpeter is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Cassel Salpeter founded?
Cassel Salpeter was founded in 2010. It employs 11 to 50 people.
Where is Cassel Salpeter based?
Cassel Salpeter is headquartered in Miami, United States, in the North America region.
How does Cassel Salpeter make money?
Six revenue lines are on record. M&A Advisory Services are the primary driver. The others are capital Raising, fairness & Solvency Opinions, valuations, restructuring Services and advisory Services.
Who are Cassel Salpeter's main competitors?
Direct peers on record are Lincoln International, Livingstone Partners and B. Riley Financial. Broad incumbents are Lazard, Stifel, Houlihan Lokey, Deloitte Corporate Finance and Raymond James. FTI Consulting is listed as an emerging player. Akerman LLP is listed as a regional player.
Does Cassel Salpeter have an API?
No public API is recorded for Cassel Salpeter.
What industry is Cassel Salpeter in?
Cassel Salpeter's product category is Investment Banking Services. Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory), with a secondary code of BPAHADAD, Restructuring & Turnaround Advisory. Its NAICS code is 523 and its SIC code is 6211.