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Comparison

Forest Hills Capital vs Pillar Capital Group

Comparing two boutique M&A advisors · Last updated April 22, 2025

AttributeForest Hills CapitalPillar Capital Group
TypeBoutiqueBoutique
HQCincinnati, OHCleveland, OH
Founded20142011
Sector focusLower Mid-Market, IndustrialsLower Mid-Market, Industrials
Deal size$5M-$50M$10M-$100M
Senior team
  • Patrick Hayes
    Managing Director
  • Sean Kelley
    Managing Director
Rating Locked Locked
Reviews0 verified0 verified

Choosing between Forest Hills Capital and Pillar Capital Group

Forest Hills Capital and Pillar Capital Group both work in Lower Mid-Market, 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.

Forest Hills Capital is headquartered in Cincinnati, OH and was founded in 2014, while Pillar Capital Group operates out of Cleveland, OH and was founded in 2011. Geography matters here: Forest Hills Capital's Cincinnati relationships and Pillar Capital Group's Cleveland relationships will overlap on national strategics but diverge on the regional private equity buyer set most likely to push price. On deal-size focus, Forest Hills Capital states $5M-$50M while Pillar Capital Group states $10M-$100M.

For founders deciding between Forest Hills Capital and Pillar Capital Group, 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
Forest Hills Capital
Cincinnati, OH

Forest Hills Capital is a boutique headquartered in Cincinnati, OH and founded in 2014. The firm focuses on Lower Mid-Market, Industrials and typically advises on transactions in the $5M-$50M range. Key dealmakers includ...

Read the Forest Hills Capital profile and reviews
Firm B profile
Pillar Capital Group
Cleveland, OH

Pillar Capital Group is a boutique headquartered in Cleveland, OH and founded in 2011. The firm focuses on Lower Mid-Market, Industrials and typically advises on transactions in the $10M-$100M range. Key dealmakers inclu...

Read the Pillar Capital Group profile and reviews

Frequently asked questions

What is the main difference between Forest Hills Capital and Pillar Capital Group?
Forest Hills Capital is a boutique HQ'd in Cincinnati, OH (founded 2014), focused on Lower Mid-Market, Industrials, with a typical deal range of $5M-$50M. Pillar Capital Group is a boutique HQ'd in Cleveland, OH (founded 2011), focused on Lower Mid-Market, Industrials, with a typical deal range of $10M-$100M. Beyond those facts, the most reliable differentiator is senior banker attention, which BankerNotes reviews are designed to surface.
Which firm has better founder reviews, Forest Hills Capital or Pillar Capital Group?
Forest Hills Capital's current rating is Locked (reviews unlock after five verified founders submit ratings). Pillar Capital Group'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 Forest Hills Capital and Pillar Capital Group?
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 Forest Hills Capital and Pillar Capital Group?
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.

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Last updated: April 22, 2025