As a major financial center, Los Angeles is home to many middle market investment banks that provide financial advisory and capital raising services to mid-sized companies. In 2020, the landscape of these banks remained competitive yet offered solid opportunities across sectors such as technology, healthcare, consumer products. This article analyzes the key players in this niche market and emerging trends.
Top 5 middle market investment banks in Los Angeles
The top investment banks providing services to middle market clients in LA area include: Houlihan Lokey, Vista Point Advisors, needham & company, canal Partners, Wedbush Securities. They have established strong expertise and track records in advising mid-cap PE deals, cross-border M&A, private placements across technology, media, healthcare and other verticals.
Emergence of boutique banks and specialization
Apart from the established names, there is an increasing number of boutiques banks focusing on certain sectors or services. For example, Torreya partners and life sciences advisors specialized in healthcare sector; Moonwell andyview advisors focused on tech sector and startups.
More technology sector deals
2020 saw continued growth in M&A and funding activities in tech and digital economy companies in LA region. Major players included venture capital, private equity firms and family offices that tapped onto the tech boom.
SPACs become a popular route for tech unicorns
Many late stage technology startups chose to go public in 2020 through mergers with Special Purpose Acquisition Companies or SPACs. Major investment banks assisted their portfolio companies to access public markets faster through these shell companies.
In 2020, the middle market investment banking landscape in LA region remained vibrant and specialized across sectors like technology, healthcare. Boutique banks and alternative routes like SPACs gained more popularity among mid-cap PE investors and companies.