They don’t pop out of league tables, but these investment-banking firms are thriving in their own niches. They are small, but growing. They don’t do everything, but they do it well. They began with a focus on start-ups, but have graduated to the midmarket space. Here are five ’boutique’ investment banking firms that are going places:
Succession planning and preparation is very critical for boutique firms as often they are identified with the founding team and their personalities —C Venkat Subramanyam.
Murugavel Janakiraman, founder of online-services firm Consim Info, which runs the matchmaking service Bharat Matrimony, can never forget New Year’s Day 2006. His investment banker, Srikanth Narasimhan, director at Veda Corporate Advisors, called to wish but also had some bad news: the pain-staking preparatory work for Consim’s fundraising, which took up a good deal of 2005, had to be done again. Read more