TREP Advisors

What TREP Advisors does

TREP Advisors is a sell-side M&A advisory firm headquartered in Sarasota, Florida, that guides privately-held business owners through the full transaction lifecycle — from valuation and deal readiness to competitive buyer outreach, negotiation, and post-close transition. The firm targets owner-operators with $500K to $5M+ in adjusted EBITDA, positioning itself as a lower-middle-market alternative to traditional investment banking. Its senior team is composed of former business owners and operators with 125+ years of combined ownership experience, including Founder Jeff Piersall and Owner Rob Chepak, supported by Directors George Walker and John Bergano (West Coast), Compliance Director Heather Nicole, and Financial Analyst Santiago Ortega.

The firm's core offering is sell-side representation, supplemented by business valuation, succession planning, and the Profit Ready Masterclass, an educational program designed to prepare owners for sale readiness. TREP maintains a buyer network of 6,000+ qualified acquirers and capital partners, cultivated through Axial affiliation and direct outreach, which it leverages to run competitive auctions across multiple verticals — including HVAC, plumbing, roofing, landscaping, medical aesthetics, manufacturing, accounting, mental health, construction, cybersecurity, and technology services. Disclosed representative transactions include the Piedmont Plumbers sale to Strada Services/Trilantic (August 2024, the firm's largest closed mandate to date), Viking Mechanical Refrigeration at approximately 8x EBITDA, and the Contempo Aesthetics transaction with SkinSpirit/KKR.

TREP operates as a private, self-funded LLC with no parent company, no outside capital, and no disclosed funding rounds. The firm earns revenue through success fees tied to closed transaction value, with cumulative closed or in-process transaction value exceeding $300M since 2023 across 30+ owners under representation. Coverage spans the United States, Canada, and Singapore, with recognition including Axial's Top 10 (2024) and Top 25 (2025) Lower Middle Market advisor rankings and Top 50 Industrials (2024).

Name

TREP Advisors

Legal name

Trep Advisors, LLC

Website

https://trepadvisors.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

TREP Advisors is a sell-side M&A advisory firm headquartered in Sarasota, Florida, guiding privately-held business owners with $500K to $5M+ adjusted EBITDA through valuation, competitive auctions, and succession planning across multiple US, Canadian, and Singapore verticals.

Ownership category

akta.pro rank

Product category

Mergers and Acquisitions Advisory

NAICS

Other Scientific and Technical Consulting Services (54169)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)

Keywords

• Mergers and acquisitions advisory
• Sell-side M&A services
• Business valuation services
• Succession planning advisory
• Lower middle market advisory

Headquarters

HQ city

Melbourne

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Others

Revenue model

1. M&A Advisory Success Fees: TREP earns success-based fees upon deal closure, typical for sell-side M&A advisory. The firm guides owners through the full transaction lifecycle including valuation, buyer search, competitive auctions, negotiation, due diligence, and post-deal integration support. No subscription or recurring revenue model is described.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

TREP Advisors is a sell-side mergers and acquisitions advisory firm that guides private business owners through the full transaction lifecycle — from business valuation and succession planning, to buyer identification, competitive auction management, negotiation, due diligence, and post-deal integration support. The firm primarily serves lower-middle-market business owners with $500K to $5M+ adjusted EBITDA across home services, healthcare/medical aesthetics, manufacturing, and professional services.

Product overview

TREP Advisors is a sell-side M&A advisory firm offering a unified suite of services centered around helping business owners achieve profitable exits. The core offering consists of M&A Advisory (representation through the full transaction lifecycle), Business Valuation, and Succession Planning. The Profit Ready Masterclass is a supplementary educational module designed to prepare owners for sale. The company also leverages a proprietary 6,000+ buyer network and a Four Pillars methodology (Time, Relationships, Economics, Purpose) to guide owners toward exits that maximize value and align with personal motivations.

Differentiator

Problem solved

Functional benefit

Products and services

• Merger and Acquisition Services Full-service sell-side M&A advisory including transaction preparation, buyer searches, competitive auctions, negotiation, due diligence management, and post-deal integration support for private business owners.
• Business Valuation Services Market-based business valuation to determine fair market value and help owners understand what their business is worth before going to market.
• Succession Planning Services Strategic succession planning to help business owners prepare for transition, including multi-year transition roadmaps developed ahead of a sale.
• Profit Ready Masterclass Educational program ('Your Path to a Bigger Sale') designed to help business owners prepare and optimize their companies for maximum sale value ahead of a transaction.

Quantifiable outcome

• Viking Mechanical Refrigeration sold at ~8x EBITDA, 67% above another advisor's estimate and 33% above TREP's own projection, in 82 days from signing to close, generating 122 signed NDAs from a 6,000-buyer network.
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered major and minor.

• Strada Services, LLCmajorStrategic or Co-development Partner · 5 August 2024TREP Advisors represented Piedmont Plumbers in its sale to Strada Services, a full-service electrical, plumbing, HVAC, and security/low-voltage contractor serving the Southeastern United States with 42+ locations in 7 states and 2,400+ employees. The transaction was TREP's largest to date and closed August 5, 2024.
• Rossway Swan (Attorney for Seller)minorImplementation/ SI/ Consulting Partner · 5 August 2024Legal services for the Piedmont Plumbers transaction were provided by Rossway Swan on behalf of the seller. TREP works with vetted legal and accounting partners to support clients through the transaction process.
• Greenberg Traurig, LLP (Attorney for Acquirer)minorImplementation/ SI/ Consulting Partner · 5 August 2024Legal services for the Piedmont Plumbers transaction were provided by Greenberg Traurig, LLP on behalf of the acquirer Strada Services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• MidMarket Advisors: Boutique M&A advisory firm representing sellers of lower middle-market businesses. Closely comparable by deal size focus and seller-side advisory model.
• Calder Capital: Lower middle-market M&A advisory firm serving business owners across multiple US regions, with focus on $1M–$25M businesses. Direct competitor in the same buyer-network-driven sell-side model.
• Transworld Business Advisors: Franchised business brokerage and M&A advisory network focused on lower middle-market business sales across the US. Closely comparable by customer profile (SMB owners) and transaction size range.
• Cornerstone Business Services: M&A and business brokerage firm focused on the lower middle market, advising owners across multiple industry verticals. Closely comparable by customer segment and service model.
• Morgan & Westfield: Lower middle-market M&A advisory firm specializing in business sales, transfers, and valuations for SMBs. Comparable customer segment and full-lifecycle sell-side offering.
• Sun Mergers & Acquisitions: Florida-based M&A advisory firm serving owners of small to mid-sized businesses. Geographic and service overlap with TREP, including sell-side advisory and buyer matchmaking.
• Generational Equity: One of the largest US lower middle-market M&A advisory firms, similarly focused on selling privately-held businesses typically in the $5M–$50M+ revenue range. Direct competitor in the same seller segment and service model.
• Harrell & Company: Boutique investment bank focused on lower middle-market sell-side M&A advisory, often for founder-owned businesses. Comparable deal size range and advisory scope.
• First Choice Business Brokers / FCBB Advisors: Business brokerage and M&A advisory franchise with a national network serving SMB sellers, especially in the $500K–$5M EBITDA range. Overlap with TREP's target customer and pricing band.

Emerging players

• Murphy Business & Financial Corporation: Business brokerage and M&A advisory network offering valuations, sales, and exit advisory for SMBs. Comparable by target client and transaction services, though with a heavier brokerage orientation than a pure advisory model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/trep-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TREP Advisors