BankerNotes
Comparison

Cascadia Capital vs TM Capital

Comparing two boutique M&A advisors · Last updated April 18, 2025

AttributeCascadia CapitalTM Capital
TypeBoutiqueBoutique
HQSeattle, WAAtlanta, GA
Founded19991989
Sector focusTechnology, Consumer, IndustrialsGeneralist, Industrials
Deal size$25M-$500M$25M-$300M
Senior team
  • Michael Butler
    Chairman, CEO
  • Greg Gosch
    Co-Founder, Managing Director
Rating Locked Locked
Reviews0 verified0 verified

Choosing between Cascadia Capital and TM Capital

Cascadia Capital and TM Capital both work in Industrials. Founders running a sell-side process in those categories often see both names on their advisor longlist, which is why this comparison comes up. Both firms position themselves as boutique advisors, so the choice is less about category and more about pattern recognition, senior attention, and process fit.

Cascadia Capital is headquartered in Seattle, WA and was founded in 1999, while TM Capital operates out of Atlanta, GA and was founded in 1989. Geography matters here: Cascadia Capital's Seattle relationships and TM Capital's Atlanta relationships will overlap on national strategics but diverge on the regional private equity buyer set most likely to push price. On deal-size focus, Cascadia Capital states $25M-$500M while TM Capital states $25M-$300M. Beyond shared coverage, Cascadia Capital also reaches into Technology, Consumer, while TM Capital extends into Generalist.

For founders deciding between Cascadia Capital and TM Capital, the honest recommendation is to take a working session with each named partner before signing. Read the firm-level reviews on BankerNotes for the pattern that matters most: did the partner who pitched the mandate run the buyer calls and final negotiations, or did the work slide down the org chart by week six. That pattern, more than league-table position, is what separates a good outcome from a mediocre one.

Firm A profile
Cascadia Capital
Seattle, WA

Cascadia Capital is a boutique headquartered in Seattle, WA and founded in 1999. The firm focuses on Technology, Consumer, Industrials and typically advises on transactions in the $25M-$500M range. Key dealmakers include...

Read the Cascadia Capital profile and reviews
Firm B profile
TM Capital
Atlanta, GA

TM Capital is a boutique headquartered in Atlanta, GA and founded in 1989. The firm focuses on Generalist, Industrials and typically advises on transactions in the $25M-$300M range. Key dealmakers include Greg Gosch (Co-...

Read the TM Capital profile and reviews

Frequently asked questions

What is the main difference between Cascadia Capital and TM Capital?
Cascadia Capital is a boutique HQ'd in Seattle, WA (founded 1999), focused on Technology, Consumer, Industrials, with a typical deal range of $25M-$500M. TM Capital is a boutique HQ'd in Atlanta, GA (founded 1989), focused on Generalist, Industrials, with a typical deal range of $25M-$300M. Beyond those facts, the most reliable differentiator is senior banker attention, which BankerNotes reviews are designed to surface.
Which firm has better founder reviews, Cascadia Capital or TM Capital?
Cascadia Capital's current rating is Locked (reviews unlock after five verified founders submit ratings). TM Capital's current rating is Locked (reviews unlock after five verified founders submit ratings). Read the individual firm profiles for the full review breakdown.
Should I shortlist both Cascadia Capital and TM Capital?
For most founders evaluating sell-side advisors with overlapping sector and deal-size fit, putting both on a shortlist is reasonable. The point of a bake-off is to test how the senior team behaves under pressure, how the firm shapes the buyer universe, and how it handles a difficult diligence question. Treat the shortlist as an interview, not a beauty contest.
How does BankerNotes verify reviews of Cascadia Capital and TM Capital?
Every review is submitted by a founder who confirms they hired the firm as their sell-side advisor. We verify the reviewer privately using work email, LinkedIn, and approximate engagement timing. The verified identity is never published. Only the rating, written review, and a generic sector label appear on the public page.

Related advisor comparisons

Browse sectors covered

Last updated: April 18, 2025