Evarts Capital
Evarts Capital is a Cleveland-based private investment bank founded in 1975 that serves as an intermediary for lower middle market M&A transactions, primarily in manufacturing and industrial sectors, representing Fortune 100 corporations, private equity firms, and privately-held companies.
- Company typePrivate
- Founded1975
- HeadquartersCleveland, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Evarts Capital firmographics
Firmographics- Name
- Evarts Capital
- Legal name
- Evarts Capital, Inc.
- Website
- https://evartscapital.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Evarts Capital is a Cleveland-based private investment bank founded in 1975 that serves as an intermediary for lower middle market M&A transactions, primarily in manufacturing and industrial sectors, representing Fortune 100 corporations, private equity firms, and privately-held companies.
- Ownership category
- akta.pro rank
Evarts Capital industry classification
Industry- Product category
- Investment Banking & M&A Advisory
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Divestitures, Spin-offs & Carve-outs Advisory (BPAHADAJ)
- akta.pro secondary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Evarts Capital is headquartered
LocationHeadquarters
- HQ city
- Cleveland
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Evarts Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Revenue model
- M&A Advisory Fees: Evarts Capital generates revenue through advisory fees for M&A and financing intermediary services. The firm represents both buy-side and sell-side clients in transactions valued in the $2 to 50 million range. Revenue appears to be transaction-based, earned upon successful completion of divestitures, acquisitions, and financing arrangements.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Evarts Capital product offering
Product offeringCore offering
Evarts Capital is a private investment banking firm that acts as an intermediary representing both buy-side and sell-side clients in mergers and acquisitions transactions, primarily targeting industrial and manufacturing operations valued in the $2 to $50 million range. The firm also provides divestiture advisory for non-strategic business units of Fortune 100 corporations, sale representation for privately-held companies, and strategic planning services for growth, diversification, realignment, and divestiture alternatives.
Product overview
Evarts Capital is a private investment banking and M&A advisory firm that has operated since 1975, serving as an intermediary for lower middle market transactions. The firm offers a unified suite of advisory services centered on M&A advisory, divestitures, buy-side transactions, and sale of privately-held companies, with integrated valuation and financing capabilities. The primary industry focus is manufacturing and closely related sectors including plastics, food, and chemicals, with geographical reach spanning North America, Europe, and Asia.
Differentiator
Problem solved
Functional benefit
Products and services
- M&A Advisory Services
- Divestiture Services
- Buy-Side Transaction Services
- Sale of Privately-held Companies
- Strategic Planning Services
Quantifiable outcome
- 100% success rate on closing transactions, specifically divestitures of over 30 operations
Companies that use Evarts Capital
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles3 records
Evarts Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Evarts Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Charterhouse InternationalminorCharterhouse International and an entrepreneur introduced by Evarts formed a NEWCO to acquire Carpenter Enterprises, an automotive machining company owned by JMAC of Columbus, Ohio.
Scale indicators3 records
Recent moves4 records
Expansion highlights5 records
Evarts Capital competitors and assessment
Company assessmentDirect peers
- Woodbridge International: Globally networked lower-middle-market M&A advisory firm. Comparable in deal-size focus and founder-led, relationship-driven business model.
- Brown Gibbons Lang & Company (BGL): Independent middle-market M&A advisor serving corporate and PE clients across industrials and business services. Directly comparable in business model (sell-side and buy-side advisory, transaction fees) and target deal size band, though with a substantially larger team and broader sector coverage.
- Livingstone Partners: Global mid-market M&A advisor active in industrials and business services. Comparable in sell-side and buy-side advisory, with stronger international reach but similar transaction-fee model and mid-market positioning.
- Source Capital Group: Middle-market investment bank focused on mergers, acquisitions, and capital raising for lower-middle-market and emerging growth companies. Comparable business model and transaction-fee revenue, with overlap in industrial and manufacturing mandates.
- Generational Group: Lower-middle-market M&A advisor focused on companies in the $5–50 million value range. Closely comparable in deal-size band and target customer profile (privately-held businesses, owner-led sales), with similar transaction-fee economics.
- Calder Capital: Lower-middle-market M&A advisor with strong focus on industrial and manufacturing businesses, particularly in the Midwest. Highly comparable in geography, vertical, and transaction-size band.
Broad incumbents
- Lincoln International: Global mid-market investment bank with deep industrials coverage and full-service M&A advisory. Comparable in transaction type but operates at larger deal sizes with a global bench, representing the scaled incumbent that Evarts occasionally competes against.
- Houlihan Lokey: Large global investment bank with strong middle-market M&A and corporate finance practices. Comparable in advisory services but at greater scale, broader sector coverage, and a public-company profile.
- KPMG Corporate Finance: Big Four M&A advisory practice serving mid-market and large corporate clients. Comparable transaction-fee model with significantly larger bench and cross-border reach; competes for the same Fortune 100 divestiture mandates Evarts pursues.
Emerging players
- Carlton Advisors: Boutique middle-market M&A advisor serving founder-owned and family-held businesses, particularly in industrial and consumer sectors. Comparable in size, target customer, and transaction-fee economics, with overlap in lower-middle-market manufacturing sell-side work.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Evarts Capital social profiles
Digital presenceEvarts Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evarts Capital leadership team
Management profileNumber of profiles
Profiles4 records
Evarts Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evarts 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 Evarts Capital
What does Evarts Capital do?
Evarts Capital is a private investment banking firm that acts as an intermediary representing both buy-side and sell-side clients in mergers and acquisitions transactions, primarily targeting industrial and manufacturing operations valued in the $2 to $50 million range. The firm also provides divestiture advisory for non-strategic business units of Fortune 100 corporations, sale representation for privately-held companies, and strategic planning services for growth, diversification, realignment, and divestiture alternatives.
Is Evarts Capital a public or private company?
Evarts Capital is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evarts Capital founded?
Evarts Capital was founded in 1975. It employs 1 to 10 people.
Where is Evarts Capital based?
Evarts Capital is headquartered in Cleveland, United States, in the North America region.
How does Evarts Capital make money?
One revenue line is on record: M&A Advisory Fees.
Who are Evarts Capital's main competitors?
Direct peers on record are Woodbridge International, Brown Gibbons Lang & Company (BGL), Livingstone Partners, Source Capital Group, Generational Group and Calder Capital. Broad incumbents are Lincoln International, Houlihan Lokey and KPMG Corporate Finance. Carlton Advisors is listed as an emerging player.
Does Evarts Capital have an API?
No public API is recorded for Evarts Capital.
What industry is Evarts Capital in?
Evarts Capital's product category is Investment Banking & M&A Advisory. Its primary akta.pro industry code is BPAHADAJ, Divestitures, Spin-offs & Carve-outs Advisory, with a secondary code of BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 523 and its SIC code is 6211.