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Comparison

Founders Advisors vs TM Capital

Comparing two boutique M&A advisors · Last updated April 7, 2025

AttributeFounders AdvisorsTM Capital
TypeBoutiqueBoutique
HQBirmingham, ALAtlanta, GA
Founded19961989
Sector focusGeneralist, IndustrialsGeneralist, Industrials
Deal size$15M-$200M$25M-$300M
Senior team
  • Brent Baxter
    CEO
  • Greg Gosch
    Co-Founder, Managing Director
Rating Locked Locked
Reviews0 verified0 verified

Choosing between Founders Advisors and TM Capital

Founders Advisors and TM Capital both work in Generalist, 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.

Founders Advisors is headquartered in Birmingham, AL and was founded in 1996, while TM Capital operates out of Atlanta, GA and was founded in 1989. Geography matters here: Founders Advisors's Birmingham 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, Founders Advisors states $15M-$200M while TM Capital states $25M-$300M.

For founders deciding between Founders Advisors 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
Founders Advisors
Birmingham, AL

Founders Advisors is a boutique headquartered in Birmingham, AL and founded in 1996. The firm focuses on Generalist, Industrials and typically advises on transactions in the $15M-$200M range. Key dealmakers include Brent...

Read the Founders Advisors 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 Founders Advisors and TM Capital?
Founders Advisors is a boutique HQ'd in Birmingham, AL (founded 1996), focused on Generalist, Industrials, with a typical deal range of $15M-$200M. 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, Founders Advisors or TM Capital?
Founders Advisors'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 Founders Advisors 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 Founders Advisors 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.

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Last updated: April 7, 2025