BankerNotes
Boutique

True North M&A Reviews

Minneapolis, MN · Founded 2013

Firm at a glance
Type
Boutique
HQ
Minneapolis, MN
Founded
2013
Deal size
$5M-$75M
Focus
Lower Mid-Market
Senior dealmakers
  • Lane Carrick
    Co-Founder

True North M&A is a boutique headquartered in Minneapolis, MN and founded in 2013. The firm focuses on Lower Mid-Market and typically advises on transactions in the $5M-$75M range. Key dealmakers include Lane Carrick (Co-Founder). Read founder-verified reviews of True North M&A below, from founders who hired the firm as their sell-side advisor whether the deal closed or not.

What to know about True North M&A

True North M&A has built its franchise in Lower Mid-Market, where founders running a sale process often turn to firms with deep sector pattern recognition. The senior bench, anchored by Lane Carrick, sets the tone for how engagements run from the first call through whatever outcome the process produces. Founders evaluating True North M&A typically compare it against other boutique houses with similar sector emphasis.

Deal sweet spot at True North M&A sits in the $5M-$75M band. That target range shapes everything: which buyers get the call, how the process is paced, and how the firm allocates senior banker attention. Founders working with True North M&A should expect a process tuned to that band; founders far below or above it sometimes find a better fit elsewhere.

Geography matters more than founders expect. True North M&A operates out of Minneapolis, MN, and its strongest buyer-side relationships tend to cluster around that orbit. For sellers running a global process, that can be either an advantage (concentrated relationships) or a constraint (thinner reach in other regions). Founders should ask directly: which buyers have you placed with in the last 24 months, and where are they.

Rating
Rating unlocks at 5 reviews
Submit a review of True North M&A Your name, email, and company are required for verification but are never shown publicly.

Reviews

Reviews unlock once 5 verified founders have rated this firm. Be the first to break the silence.

Verified Founder, Hardware Pending
professionalism4/10
responsiveness1/10
delivery2/10

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2025-02Locked
Verified Founder, SaaS Pending
professionalism5/10
responsiveness4/10
delivery5/10

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2026-01Locked
Verified Founder, Enterprise Software Pending
professionalism3/10
responsiveness1/10
delivery3/10

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2024-12Locked
Verified Founder, SaaS Pending
professionalism6/10
responsiveness1/10
delivery6/10

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2025-11Locked

Frequently asked questions

Who can review True North M&A?
Any founder who hired True North M&A as their sell-side advisor and ran an M&A process with them, regardless of whether the deal ultimately closed. How a banker behaves when a deal does not close is just as important as when it does, and both outcomes are welcome.
Has True North M&A been reviewed by founders?
True North M&A appears in the BankerNotes directory. Reviews from verified founders who hired the firm unlock publicly once five founders have submitted ratings. Until that threshold is reached, reviews are pending and not displayed.
Where is True North M&A headquartered?
True North M&A is headquartered in Minneapolis, MN. The firm was founded in 2013.
What kinds of deals does True North M&A work on?
True North M&A focuses on Lower Mid-Market. Typical transaction size falls in the $5M-$75M range.
Who are the key dealmakers at True North M&A?
Senior dealmakers include Lane Carrick (Co-Founder). Founders running a process should expect to interact most with the named partner or managing director assigned to the deal.
How does BankerNotes verify reviews of True North M&A?
Every review on BankerNotes 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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More context for True North M&A

Last updated: January 11, 2026

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