ThinkEquity

Name

ThinkEquity

Legal name

ThinkEquity LLC

Website

https://think-equity.com

Company type

Private

Founded year

2010

Operating status

Operating

Short description

ThinkEquity is a privately held boutique investment bank and division of Fordham Financial Management that provides IPOs, follow-on offerings, M&A advisory, debt placement, equity research, and institutional sales and trading to small-cap and emerging growth companies across healthcare, clean tech, shipping, and technology.

Ownership category

akta.pro rank

Product category

Boutique Investment Banking

NAICS

Investment Banking and Securities Intermediation (523150)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Raising Advisory (Equity & Equity-Linked) (FSAEAGAC)

akta.pro secondary industries

Buy-Side M&A Advisory (FSAEAGAB), Private Credit & Direct Lending Fundraising Placement (FSAEALAE)

Keywords

• Investment banking services
• Capital markets advisory
• Equity research coverage
• Institutional sales trading
• Mergers and acquisitions

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Banking Fees: ThinkEquity generates revenue through fees for investment banking services including initial public offerings (IPOs), secondary/follow-on offerings, confidentially marketed public offerings (CMPOs), registered directs (RDs), and at-the-market offerings (ATMs).
2. Debt Placement and Acquisition Financing: Revenue from arranging debt financing and acquisition financing for clients, including working with a network of lenders.
3. M&A Advisory Fees: Fees earned from merger and acquisition advisory services, helping companies identify strategic acquisition targets or merger partners.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

ThinkEquity is a boutique investment bank that provides capital markets services (equity and debt underwriting and placements), mergers and acquisitions advisory, institutional sales and trading, and equity research coverage. The firm serves small-cap and mid-cap public companies, private companies considering public offerings, and institutional investors, delivering senior banker attention across technology, consumer, healthcare, energy, and financial services sectors.

Product overview

ThinkEquity is a boutique investment bank offering a comprehensive suite of financial services. The firm operates as a unified platform combining Investment Banking (IPOs, secondaries, CMPOs, ATMs), Equity Research, Institutional Sales & Trading (across equity and fixed income), Debt Capital Markets, and Mergers & Acquisitions advisory services. Additional offerings include a Private Client Group for wealth management and the annual ThinkEquity Conference for investor relations. The firm specializes in serving emerging growth companies across sectors including Technology, Media & Telecom, Healthcare, Clean Tech & Energy, and Shipping.

Differentiator

Problem solved

Functional benefit

Brands

• ThinkStern Ventures: A subsidiary focused on private equity, merchant banking and venture banking services

Products and services

• Equity Capital Markets Underwriting and placement of equity offerings including IPOs, follow-on offerings, ATMs, PIPEs, and private placements for public and pre-IPO companies.
• Debt Capital Markets Underwriting and placement of debt offerings including convertible notes, senior debt, and structured debt instruments for growth-stage and mid-cap issuers.
• Mergers and Acquisitions Advisory
• Institutional Sales and Trading
• Equity Research

Quantifiable outcome

• Over $100 billion in public and private capital raises, restructurings, and M&A transactions completed

Named customers10 records

Segments4 records

Ideal customer profiles3 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 core and minor.

• Fordham Financial Management, Inc.coreOthersThinkEquity operates as a division of Fordham Financial Management, Inc., a parent company that provides institutional infrastructure and oversight. ThinkEquity has worked together with Fordham Financial professionals for over a decade, collectively financing over $100 billion in transactions.
• NYSEminorOthersThinkEquity is one of NYSE's newest member firms and operates a trading floor on the NYSE. They have facilitated listings and capital raises for companies seeking NYSE American listing.
• NasdaqminorOthersThinkEquity has facilitated numerous capital raises for companies listing on Nasdaq, including IPOs and follow-on offerings across various sectors.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Benchmark Company: Boutique investment bank focused on small- and mid-cap institutional research, sales, trading, and investment banking. Directly comparable in target market and service offerings.
• EF Hutton: Boutique investment bank and capital markets firm focused on small- and mid-cap advisory and equity capital markets. Directly comparable in scale, client profile, and product mix.
• HC Wainwright & Co. Boutique investment bank specializing in healthcare, life sciences, and technology with ECM, research, and sales trading. ThinkEquity's Head of Fixed Income, Michael Messinger, is the former CEO of HC Wainwright, making it a directly comparable firm.
• Roth Capital Partners: Boutique investment bank focused on emerging growth companies with full-service capital markets, research, and institutional sales. Directly comparable to ThinkEquity in scope, client focus, and product offerings.
• Joseph Gunnar: Boutique investment bank focused on small- and mid-cap equities, providing capital markets and advisory services. Directly comparable in scale and target market.
• Maxim Group: Boutique investment bank focused on emerging growth and small-cap companies with capital markets, research, and institutional sales. Multiple ThinkEquity senior leaders (Christopher Brothers, Franco Zappone) previously built their careers at Maxim, making it a direct comparable.
• Aegis Capital Corp. Boutique investment bank providing capital markets, research, and institutional sales to small- and mid-cap companies. Adam Stern previously led private equity banking at Aegis, making it a directly comparable platform.

Broad incumbents

• B. Riley Financial: Diversified financial services firm with investment banking, research, and capital markets serving small- and mid-cap companies. Comparable in target client base but operates at a larger, broader scale.
• Canaccord Genuity: Global mid-market investment bank with full-service capital markets and advisory capabilities. Michael Messinger previously built fixed income desks at Canaccord, and the firm competes for similar mid-market mandates at a larger scale.
• Ladenburg Thalmann: Full-service retail and institutional brokerage and investment banking firm serving small- and mid-cap issuers. Comparable in client focus and capital markets product offerings, though broader.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/thinkequity

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 ThinkEquity