Morgan Kingston Advisors
Morgan Kingston Advisors is a boutique investment bank founded in 2018 that provides M&A advisory, debt and equity capital raises, financial restructuring, and strategic advisory services exclusively to middle market restaurant companies, including independent brands, franchisors, and franchisees.
- Company typePrivate
- Founded2018
- HeadquartersAustin, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Morgan Kingston Advisors does
Morgan Kingston Advisors, LLC is a privately held boutique investment bank headquartered in Austin, Texas, founded in 2018 by Susan Miller and Sean Mirzabegian. The firm is exclusively dedicated to middle market restaurant companies, serving independent brands, franchisors, and franchisees with enterprise values broadly in the $10 million to $300 million range. Securities-related services are delivered through an unaffiliated broker-dealer relationship with M&A Securities Group (member FINRA/SIPC); the firms are explicitly not affiliated entities.
The firm operates an integrated six-module advisory platform: Mergers & Acquisitions (merger advisory, buyside, leveraged and management buyouts, joint ventures), Equity Capital Raises (growth capital, recapitalizations, common/preferred/convertible equity), Sales & Divestitures (minority, majority, 100% sales, non-core divestitures, sale-leasebacks), Financial Restructuring (debt restructurings, Section 363 sales, in- and out-of-court restructuring, DIP financing), Debt Capital Raises (refinancing, senior secured, unitranche, subordinated, mezzanine), and Strategic Advisory (strategic alternatives, capital structure, growth strategy, portfolio review, valuations). The firm has executed a disclosed track record of 15+ restaurant transactions including Logan's Roadhouse, Old Chicago Pizza + Taproom, Freebirds World Burrito, Briggo (Costa Coffee), Wildflower (Create Restaurants), and Cafe Express, alongside an extended prior-career deal log spanning Burger King, Pizza Hut, Applebee's, KFC, Del Taco, P.F. Chang's, and others executed by the principals.
The firm generates revenue entirely through transaction-based and engagement-based professional services fees, custom-priced per mandate and not publicly disclosed. Go-to-market is direct, senior-partner-led relationship selling, supported by conference presence (RFDC, BDO Restaurant CFO Bootcamp), earned media (Restaurant Dive, QSR Magazine, Nation's Restaurant News, Restaurant Finance Monitor), and podcast/multimedia (BDO To-Go). Ownership is founder-held with no institutional capital partners, no funding rounds, and no disclosed parent or subsidiary structure.
Morgan Kingston Advisors firmographics
Firmographics- Name
- Morgan Kingston Advisors
- Legal name
- Morgan Kingston Advisors, LLC
- Website
- https://morgankingston.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Morgan Kingston Advisors is a boutique investment bank founded in 2018 that provides M&A advisory, debt and equity capital raises, financial restructuring, and strategic advisory services exclusively to middle market restaurant companies, including independent brands, franchisors, and franchisees.
- Ownership category
- akta.pro rank
Morgan Kingston Advisors industry classification
Industry- Product category
- Middle Market Investment Banking (Restaurant Sector M&A Advisory)
- NAICS
- Investment Banking and Securities Intermediation (523150)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Services-Management Consulting Services (8742)
- akta.pro primary industry
- M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)
- akta.pro secondary industries
- Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE), Corporate Finance & Capital Advisory (BPAHADAB), Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ)
Keywords
Where Morgan Kingston Advisors is headquartered
LocationHeadquarters
- HQ city
- Austin
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Morgan Kingston Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- M&A Advisory Fees: Transaction-based fees for merger advisory, buyside and sellside M&A, leveraged buyouts, joint ventures, and divestitures.
- Capital Raises Advisory: Fees for debt and equity capital raises including growth capital, recapitalizations, refinancing, and mezzanine debt.
- Financial Restructuring Advisory: Advisory fees for debt restructurings, in- and out-of-court restructuring, and Section 363 sales.
- Strategic Advisory: Fees for strategic alternatives assessments, optimal capital structure evaluation, and valuations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom engagement-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels7 records
Morgan Kingston Advisors product offering
Product offeringCore offering
Morgan Kingston Advisors is a boutique investment bank providing senior-led mergers and acquisitions advisory, debt and equity capital raises, sales and divestitures, financial restructuring, and strategic advisory services to middle market U.S. restaurant companies (independent brands, franchisors, and franchisees) with $10 million to $300 million in sales. Securities-related execution is delivered through M&A Securities Group, an unaffiliated FINRA/SIPC broker-dealer of which the firm's principals are registered representatives.
Product overview
Morgan Kingston Advisors is a boutique investment bank providing advisory services to middle market restaurant companies. The firm offers a unified advisory platform comprising six core service modules: Mergers & Acquisitions, Equity Capital Raises, Debt Capital Raises, Sales & Divestitures, Financial Restructuring, and Strategic Advisory. These services are delivered together as an integrated investment banking offering, targeting independent brands, franchisors, and franchisees in the restaurant sector.
Differentiator
Problem solved
Functional benefit
Products and services
- Mergers & Acquisitions Boutique investment banking advisory service covering merger advisory, buyside advisory, leveraged buyouts, management buyouts, and joint ventures, targeted at middle market restaurant companies including independent brands, franchisors, and franchisees.
- Equity Capital Raises Advisory service for raising equity capital including growth capital, recapitalization, common equity, convertible preferred equity, and preferred equity for restaurant companies.
- Sales & Divestitures Advisory services for minority sale, majority sale, 100% sale, divestiture of non-core operations, and sale-leaseback of real estate transactions for restaurant companies.
- Financial Restructuring Special situations advisory covering debt restructurings, Section 363 sales, in- and out-of-court restructuring, plans of reorganization, and DIP financing raises for distressed or recapitalizing restaurant companies.
- Debt Capital Raises Advisory for raising debt capital including refinancing of existing debt, senior secured debt, unitranche debt, subordinated debt, and mezzanine debt for restaurant companies.
- Strategic Advisory Advisory services for strategic alternatives, optimal capital structure, growth strategy review, portfolio review, and valuations for restaurant companies and their stakeholders.
Companies that use Morgan Kingston Advisors
Customer profileNamed customers15 records
Segments4 records
Ideal customer profiles1 record
Morgan Kingston Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Morgan Kingston Advisors partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Morgan Kingston Advisors competitors and assessment
Company assessmentDirect peers
- Stifel Financial: Diversified middle-market investment bank with a restaurant and consumer services M&A practice, frequently competing for buy-side and sell-side mandates in the same $10M–$300M revenue band Morgan Kingston targets.
- Piper Sandler: Diversified middle-market investment bank with a long-standing dedicated restaurant investment banking practice that advises franchisors, franchisees, and independent operators on M&A and capital raises — directly overlapping Morgan Kingston's core mandate.
- Jefferies: Full-service global investment bank with a dedicated consumer and restaurant M&A franchise that competes for middle-market restaurant sale mandates and capital raise advisory — a scaled comparable for Morgan Kingston's deal work.
- Raymond James: Middle-market-focused investment bank with an active restaurant and consumer M&A group that advises on strategic sales, divestitures, and capital raises — closely comparable to Morgan Kingston's middle market restaurant focus.
- Houlihan Lokey: Global investment bank with a strong food and restaurant M&A practice plus market-leading financial restructuring group — competes head-to-head for middle-market restaurant sale, divestiture, and restructuring mandates similar to Morgan Kingston's.
- Lincoln International: Global mid-market investment bank with an active consumer and restaurant M&A franchise that advises on buy-side and sell-side mandates at similar revenue size — a comparable middle market boutique competitor.
- BMO Capital Markets: North American bank with a notable restaurant and foodservice investment banking practice that advises restaurant companies on M&A and capital raises — directly competing for the same franchise-system and brand mandates Morgan Kingston targets.
- North Point Advisors: Middle-market M&A advisory boutique serving consumer and restaurant companies across the same revenue size band — directly comparable boutique peer in the middle market M&A competitive set.
- Dresner Partners: Middle-market M&A advisory firm where Morgan Kingston co-founder Sean Mirzabegian previously worked; competes for similarly sized restaurant and consumer M&A and capital raising engagements.
- Conway MacKenzie (a Stout company): Restructuring and special situations advisory firm serving middle-market companies including distressed restaurant operators — directly competes with Morgan Kingston's financial restructuring, Section 363, and DIP financing mandate work.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
Morgan Kingston Advisors social profiles
Digital presenceMorgan Kingston Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Morgan Kingston Advisors leadership team
Management profileNumber of profiles
Profiles2 records
Morgan Kingston Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Morgan Kingston Advisors 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 Morgan Kingston Advisors
What does Morgan Kingston Advisors do?
Morgan Kingston Advisors is a boutique investment bank providing senior-led mergers and acquisitions advisory, debt and equity capital raises, sales and divestitures, financial restructuring, and strategic advisory services to middle market U.S. restaurant companies (independent brands, franchisors, and franchisees) with $10 million to $300 million in sales. Securities-related execution is delivered through M&A Securities Group, an unaffiliated FINRA/SIPC broker-dealer of which the firm's principals are registered representatives.
Is Morgan Kingston Advisors a public or private company?
Morgan Kingston Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Morgan Kingston Advisors founded?
Morgan Kingston Advisors was founded in 2018. It employs 1 to 10 people.
Where is Morgan Kingston Advisors based?
Morgan Kingston Advisors is headquartered in Austin, United States, in the North America region.
How does Morgan Kingston Advisors make money?
Four revenue lines are on record. M&A Advisory Fees are the primary driver. The others are capital Raises Advisory, financial Restructuring Advisory and strategic Advisory.
Who are Morgan Kingston Advisors's main competitors?
Direct peers on record are Stifel Financial, Piper Sandler, Jefferies, Raymond James, Houlihan Lokey, Lincoln International, BMO Capital Markets, North Point Advisors, Dresner Partners and Conway MacKenzie (a Stout company).
Does Morgan Kingston Advisors have an API?
No public API is recorded for Morgan Kingston Advisors.
What industry is Morgan Kingston Advisors in?
Morgan Kingston Advisors's product category is Middle Market Investment Banking (Restaurant Sector M&A Advisory). Its primary akta.pro industry code is BPAHAOAA, M&A Advisory (Buy-Side & Sell-Side), with a secondary code of BPAHAOAE, Equity Capital Advisory (Private Equity Placements, Growth Capital). Its NAICS code is 523150 and its SIC code is 6211.