Mirus Capital Advisors, a Boston based middle market investment bank, joins a global network of M&A advisory firms, and invests in its European business.
In the past year, Mirus joined GCG – a global network of M&A advisory firms – part of GGI, a 570-member strong global network of accountants and corporate lawyers spanning 123 countries. Mirus partner Andy Crain is leading the firm's involvement with GCG/GGI and notes that Mirus has "a long history of managing cross-border transactions. This selective global network gives us the opportunity to enhance our services through teaming with other like-minded firms."
The expansion of the firm's European business will be coordinated by long-time Mirus partner Peter Alternative, who will be based in Milan. "As we've experienced first-hand, professional investors and business owners within key European markets have far fewer middle market advisory options when compared to the US. Moreover, owners and investors are keen to access US buyers, since on average they pay valuation premiums relative to European rivals. I look forward to leading Mirus' efforts in Europe and to forge the kinds of strong relationships in Europe that have defined our firm over its 30-plus year history."
"Our firm has completed over $500 million in M&A transaction values these past two years and we've seen a steady flow of European clients in the mix," noted Mirus partner Alan Fullerton. "Technology and technology-enabled businesses globally are looking to the US for capital and for strategic partners. Mirus has built a strong business and reputation as a trusted advisor in the U.S. and we look forward to expanding our advisory network in Europe with Peter's leadership."