Auxo Firm Directory · Independent Research Profile

Cassel Salpeter & Co.

Cassel Salpeter & Co. is an independent investment banking firm headquartered in Miami, Florida. Its publicly stated services include M&A, capital raising, fairness and solvency opinions, restructuring, valuation, and board and special-committee advice.

Key takeaway

What stands out about Cassel Salpeter & Co.

Cassel Salpeter publicly focuses on middle-market and emerging-growth companies and provides seller representation, divestiture advice, buy-side acquisition programs, financing advice, restructuring services, and related investment-banking support.[1][2][3][4][5][6][9]

What does Cassel Salpeter & Co. do?

Cassel Salpeter & Co., LLC is an independent investment banking firm headquartered in Miami, Florida. The firm advises middle-market and emerging-growth companies in the United States and worldwide.[1]

Publicly stated services include seller representation, exclusive sales and divestitures, buy-side acquisition programs, going-private transactions, leveraged and management buyouts, joint ventures, PIPEs, private placements, recapitalizations, debt placement, and commercial debt.

The firm also describes fairness and solvency opinions, restructuring and refinancing, distressed M&A, debtor and creditor representations, Section 363 sales, plans of reorganization, board and special-committee advice, takeover defenses, public-offering strategy, lender relations, and shareholder-rights plans.[2][3][4][5][6]

Owners comparing advisory firms can also review Auxo’s M&A advisor vs. business broker vs. investment bank comparison, advisor-selection guide, and sell-side advisor evaluation framework.

Public size / criteria information

The firm describes its target clients as middle-market and emerging-growth companies. The cited capital-raising services page refers to industry, size, stage, and other key metrics but does not state a universal minimum revenue, EBITDA, enterprise-value, or transaction-size threshold.[1]

What should a business owner evaluate before hiring Cassel Salpeter & Co.?

Cassel Salpeter publicly offers seller representation and divestiture advice for middle-market and emerging-growth companies. Its stated M&A process includes transaction management, competitive-tension efforts, and support intended to allow the client’s operating team to continue running the business during the process.

An owner evaluating the firm should confirm the transaction-size and financial profile it currently prioritizes, the senior professionals expected to lead the engagement, the proposed buyer universe, confidentiality procedures, valuation methodology, conflicts, and the engagement’s fee and termination provisions. The cited M&A services page does not publish a universal fee schedule or termination schedule, including a success-fee percentage, minimum fee, or tail period, and the cited capital-raising services page does not state a universal numeric client-size threshold.[1][2][3]

What transaction-size, revenue, EBITDA, or enterprise-value ranges does the firm currently prioritize

The firm describes its target clients as middle-market and emerging-growth companies, while the cited capital-raising services page does not state a universal minimum revenue, EBITDA, enterprise-value, or transaction-size threshold.[1][3]

Which senior professionals would lead the engagement, and how much direct partner involvement is expected

The firm publicly describes its M&A professionals as managing the transaction process, but the cited process description does not identify the senior professionals for a prospective engagement.[2]

What retainer, success fee, minimum fee, expense policy, tail period, and termination rights would apply

The cited M&A services page does not publish a universal fee schedule, success-fee percentage, minimum fee, tail period, or termination schedule.[2]

What size transactions and clients does Cassel Salpeter & Co. focus on?

Cassel Salpeter identifies aerospace and defense, consumer products and services, financial services, healthcare, and technology as industries in which it has extensive experience.[7]

Public announcements identify Cassel Salpeter as financial advisor to RAS3 Communications and Consulting in its sale to Amplix, a Gemspring Capital portfolio company; the announcement is dated June 24, 2026.

The firm also served as financial advisor to Paramount Consulting & Engineering in its strategic partnership with Certerra, an OceanSound Partners portfolio company, in an announcement dated June 4, 2026. Other announced examples include its advisory role to Intermark Foods, doing business as El Latino Foods, in a strategic partnership with Apex Capital, dated April 14, 2026.

In a Chapter 11 reorganization involving Nicklaus Companies, the firm served as investment banker. The official announcement states that the process culminated in a $35.7 million bankruptcy-auction victory approved by the U.S. Bankruptcy Court for the District of Delaware on March 9, 2026.[9][10][11][12]

The firm’s M&A practice covers seller representation, exclusive sales and divestitures, buy-side acquisition programs, going-private transactions, leveraged and management buyouts, and joint ventures. Its broader advisory work includes capital raising, fairness and solvency opinions, restructuring, refinancing, and distressed M&A.[2][3][4][5]

What does Cassel Salpeter & Co. publicly disclose about fees, process and engagement terms?

The cited M&A services page does not publish a universal fee schedule, success-fee percentage, minimum fee, tail period, or termination schedule.

The cited capital-raising services page refers to targeting financing sources based on industry, size, stage, and other key metrics but does not state a universal minimum revenue, EBITDA, enterprise-value, or transaction-size threshold.

The cited RAS3 transaction announcement identifies the parties and advisory role but does not disclose the transaction purchase price or other consideration terms.[2][3][9]

An SEC-filed X-17A-5 report for the period January 1, 2025 through December 31, 2025 identifies Cassel Salpeter & Co., LLC as a broker-dealer registrant and lists its principal place of business in Miami, Florida. A current official firm announcement states that Cassel Salpeter & Co. LLC is a member of FINRA and SIPC.[9][13]

Cassel Salpeter states that its M&A professionals manage the transaction process, help maximize competitive tension and drive scarcity value, and allow clients and their operating teams to continue running the business during the process.[2]

Questions to ask before hiring Cassel Salpeter & Co.

What transaction-size, revenue, EBITDA, or enterprise-value ranges does the firm currently prioritize?

Which senior professionals would lead the engagement, and how much direct partner involvement is expected?

The firm publicly describes its M&A professionals as managing the transaction process, but the cited process description does not identify the senior professionals for a prospective engagement.[2]

What retainer, success fee, minimum fee, expense policy, tail period, and termination rights would apply?

The cited M&A services page does not publish a universal fee schedule, success-fee percentage, minimum fee, tail period, or termination schedule.[2]

How would the firm develop the buyer list and manage confidentiality?

The firm states that its M&A professionals manage the transaction process and seek to maximize competitive tension and drive scarcity value. The cited process description does not set out a buyer-list or confidentiality protocol.[2]

Which recent transactions could serve as relevant examples for the owner’s sector, geography, size, and objectives?

Public announcements identify advisory work involving communications and consulting, engineering, food, and a Chapter 11 reorganization, providing examples for a discussion of transaction comparability.[9][10][11][12]

Does the firm represent any potential buyers, lenders, sponsors, or portfolio companies that could create conflicts?

Public announcements identify counterparties and portfolio-company relationships in selected transactions, including Amplix as a Gemspring Capital portfolio company and Certerra as an OceanSound Partners portfolio company. The sources cited for this profile do not establish the full scope of any potential conflicts.[9][10]

What valuation methodologies and market evidence would be used?

The firm publicly offers fairness and solvency opinions and valuation-related advisory services, but the cited claims do not specify the methodology or market evidence for a prospective sell-side engagement.[4]

How would the firm address rollover equity, earnouts, management continuity, employee objectives, or minority recapitalizations?

The firm publicly describes seller representation, divestitures, joint ventures, and recapitalizations, but the cited claims do not specify how these particular terms or objectives would be addressed in an engagement.[2][3]

Sources & research notes

Public-source research

Prepared and reviewed by: Auxo Capital AdvisorsEvidence standard: Public-source verification

How this profile was researched

Auxo profiles are prepared from publicly available primary and authoritative sources and reviewed for entity identity, factual support and disclosure consistency. When a fact cannot be supported by the reviewed public record, the profile identifies it as something to confirm directly rather than inferring it.

Independent profile & regulatory context

Independent research profile

This profile was prepared by Auxo Capital Advisors from publicly available information believed to be reliable and is provided solely for informational and educational purposes. It is not an endorsement, recommendation, ranking, solicitation, or representation regarding the profiled firm, its services, qualifications, transaction experience, regulatory status, financial condition, or suitability for any particular person, company, transaction, or investment.

Information obtained from third-party and public sources may be incomplete, inaccurate, outdated, or subject to change, and Auxo Capital Advisors makes no representation or warranty, express or implied, as to its accuracy, completeness, or timeliness. Readers should conduct their own independent diligence and consult appropriate professional advisers before engaging any advisor, intermediary, investor, lender, acquirer, or other transaction counterparty.

Broker-dealer and securities disclosure

Auxo Capital Advisors is an affiliate of Weild & Co., Member FINRA | SIPC. Securities-related activities and securities transactions are conducted through Weild & Co.

Nothing contained on this page constitutes an offer to sell, an offer to purchase, or a solicitation of an offer to buy or sell any security, investment product, or financial instrument. Nothing on this page constitutes investment advice, a recommendation regarding any security, or a recommendation to enter into any transaction with the profiled firm or any other party.

Any securities transaction, capital-raising engagement, investment-banking engagement, or other securities-related activity involving Auxo Capital Advisors or Weild & Co. is subject to applicable regulatory requirements, internal review and approval, suitability and other applicable diligence requirements, and the terms of a separate written engagement or transaction agreement, as applicable.

Inclusion of a third-party firm in this directory does not imply affiliation with, sponsorship by, endorsement by, or any other relationship with Auxo Capital Advisors or Weild & Co. unless expressly stated otherwise.