March Capital
March Capital Corporation is a Chicago-based, FINRA member investment bank founded in 1993 by Richard J. Rice, providing middle-market and early-stage companies with M&A advisory, capital formation, and private placement services via a 30+ professional network.
- Company typePrivate
- Founded1993
- HeadquartersChicago, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What March Capital does
March Capital Corporation is a Chicago-based FINRA member financial services firm founded in 1993 by Richard J. Rice, specializing in investment banking and private placements for middle market and early-stage companies. The firm's core services include mergers and acquisitions advisory, capital formation and financing, and private placement execution, with deal-making reach across healthcare, manufacturing, real estate, energy, technology, and media/communications/entertainment sectors. A network of over 30 investment professionals is leveraged to source transactions and route them to a capital base that spans institutional investors, family offices, high net worth individuals, and holding companies.
The firm operates a traditional broker-dealer, project-based professional services model. Revenue is generated from investment banking fees and private placement transaction fees; pricing is bespoke and undisclosed, typical for advisory engagements of this nature. There is no proprietary technology platform — the firm's product is its advisory expertise, regulatory standing, and capital-source relationships, with founder Richard J. Rice controlling and operating the firm for over three decades. The only disclosed recent transaction is a lead investment of $25 million in AI-powered IT platform SuperOps in January 2025, extending the firm's footprint into venture-stage tech financing and signaling selective participation in growth-stage rounds alongside traditional middle-market advisory work.
March Capital firmographics
Firmographics- Name
- March Capital
- Legal name
- March Capital Corporation
- Website
- https://marchcapital.com
- Company type
- Private
- Founded year
- 1993
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- March Capital Corporation is a Chicago-based, FINRA member investment bank founded in 1993 by Richard J. Rice, providing middle-market and early-stage companies with M&A advisory, capital formation, and private placement services via a 30+ professional network.
- Ownership category
- akta.pro rank
Where March Capital is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
March Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Others
Revenue model
- Investment Banking and M&A Advisory: Fees earned from investment banking transactions and mergers and acquisitions advisory services for middle market and early stage companies.
- Capital Formation and Private Placements: Revenue from facilitating capital raises and private placements for early stage entities, connecting companies with institutional investors, family offices, high net worth individuals, and holding companies.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
March Capital product offering
Product offeringCore offering
March Capital Corporation is a FINRA member financial services firm focused on middle market and early stage investment banking and private placements. Its core offerings include mergers and acquisitions advisory, capital formation and financing, and private placement transactions that connect companies with institutional investors, family offices, high net worth individuals, and holding companies. The firm is led by a network of more than 30 experienced investment professionals who develop and execute these transactions across healthcare, manufacturing and industrial, financial services, real estate, energy, technology, media/communications/entertainment, and managed investment programs.
Product overview
March Capital Corporation is a single-service financial services firm offering investment banking, capital formation, and private placement services. The firm focuses on middle market and early stage investment banking transactions, connecting companies with capital sources including institutions, family offices, high net worth individuals, and holding companies. Services include mergers and acquisitions advisory and capital formation and financing. The firm is a FINRA member and has facilitated over 3,000 American jobs through its capital raises for early stage entities.
Differentiator
Problem solved
Functional benefit
Products and services
- Investment Banking Services Middle market and early stage investment banking services including capital formation and financing, mergers and acquisitions advisory, and private placements for companies seeking strategic transactions and capital raises.
- Capital Formation and Financing Capital formation services that connect early stage entities and middle market companies with capital sources including institutions, family offices, high net worth individuals, and holding companies.
- Private Placements Private placement offerings for early stage entities managed in compliance with FINRA regulations, leveraging the firm's broker-dealer standing to access institutional and high net worth capital sources.
- Mergers and Acquisitions Advisory M&A advisory services for middle market companies and early stage entities, including sell-side, buy-side, and strategic transaction execution.
Quantifiable outcome
- Over 3,000 American jobs created through assisted capital raises
Companies that use March Capital
Customer profileNamed customers5 records
Segments9 records
Ideal customer profiles2 records
March Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
March Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights5 records
March Capital competitors and assessment
Company assessmentDirect peers
- Loop Capital Markets: Chicago-based minority-owned investment bank and broker-dealer providing middle-market advisory, capital raising, and public finance services. Closely comparable to March Capital in geography, middle-market focus, and FINRA-regulated model.
- David A. Noyes & Company: Privately held Chicago-based broker-dealer and investment bank serving middle-market and emerging companies. Comparable in scale, Chicago headquarters, FINRA membership, and mid-market capitalization advisory orientation.
- Boenning & Scattergood: Privately held middle-market investment bank and wealth management firm. Comparable in being boutique, middle-market focused, and providing capital markets and advisory services to similar clients.
- Dominick & Dominick: Private independent investment bank and broker-dealer providing middle-market advisory, capital raising, and institutional research. Similar to March Capital in being an independent, founder-influenced middle-market firm.
- Roberts & Ryan: Chicago-based middle-market investment bank focused on M&A and capital raising for privately held businesses. Directly comparable to March Capital in geography, size, and middle-market advisory model.
- National Securities Corporation: Independent broker-dealer providing investment banking, capital markets, and private placement services to middle-market companies. Comparable offering, structure, and client profile to March Capital.
Broad incumbents
- Mesirow Financial: Chicago-headquartered diversified financial services firm with a middle-market investment banking practice among broader offerings. Comparable via Chicago base and middle-market M&A/capital markets overlap, though much larger and more diversified.
Regional players
- Estrada Hinojosa & Company: Texas-headquartered middle-market investment bank with focus on municipal and corporate capital raising. Adjacent comparable to March Capital as a middle-market capital advisory firm, though primarily serving a different region.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
March Capital compliance and trust
Trust signalCompliance2 records
March Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
March Capital leadership team
Management profileNumber of profiles
Profiles1 record
March Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
March Capital 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 March Capital
What does March Capital do?
March Capital Corporation is a FINRA member financial services firm focused on middle market and early stage investment banking and private placements. Its core offerings include mergers and acquisitions advisory, capital formation and financing, and private placement transactions that connect companies with institutional investors, family offices, high net worth individuals, and holding companies. The firm is led by a network of more than 30 experienced investment professionals who develop and execute these transactions across healthcare, manufacturing and industrial, financial services, real estate, energy, technology, media/communications/entertainment, and managed investment programs.
Is March Capital a public or private company?
March Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was March Capital founded?
March Capital was founded in 1993. It employs 11 to 50 people.
Where is March Capital based?
March Capital is headquartered in Chicago, United States, in the North America region.
How does March Capital make money?
Two revenue lines are on record. Investment Banking and M&A Advisory is the primary driver. The others are capital Formation and Private Placements.
Who are March Capital's main competitors?
Direct peers on record are Loop Capital Markets, David A. Noyes & Company, Boenning & Scattergood, Dominick & Dominick, Roberts & Ryan and National Securities Corporation. Mesirow Financial is listed as a broad incumbent. Estrada Hinojosa & Company is listed as a regional player.
Does March Capital have an API?
No public API is recorded for March Capital.