Auxo Firm Directory · Independent Research Profile

Cortland Advisors

Cortland Advisors, LLC is a partner-owned mergers and acquisitions advisory firm serving middle-market businesses. It publicly describes sell-side, buy-side, and M&A consulting services, with a current stated focus on companies in the $20-100 Million Revenue range.

Key takeaway

Cortland Advisors provides sell-side M&A advisory, buy-side M&A advisory, and M&A consulting.

Its public sector coverage includes government contracting, aerospace and defense, energy, construction, media and entertainment, healthcare, technology, engineering, and transportation. The current homepage states a $20-100 Million Revenue focus, while an official 2022 brochure described a $10MM-$75MM revenue focus; the applicable range should be confirmed directly.[1][2][6][7][8][11]

What does Cortland Advisors do?

Cortland Advisors, LLC is a partner-owned mergers and acquisitions advisory firm serving middle-market businesses. The firm publicly presents an advisor-led model covering sell-side M&A advisory, buy-side M&A advisory, and M&A consulting.[1][2]

Cortland publicly offers sell-side M&A advisory, buy-side M&A advisory, and M&A consulting services. Its stated sell-side activities include marketing-material preparation, financial review, selected-buyer-list development, transaction negotiation, and deal-structure guidance. Its stated buy-side activities include pre-deal strategic planning, valuation, leverage analysis, financial-sponsor identification, and transaction negotiation and structuring.[2]

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.

RevenuePublicly stated range
Lower published point$20
Upper published point$75M

Published criteria: The current homepage states that Cortland intentionally formed its business to support companies in the $20-100 Million Revenue range. An official 2022 brochure described a $10MM-$75MM revenue focus, so the current mandate range should be confirmed directly.[1][7]

What should a business owner evaluate before hiring Cortland Advisors?

Owners evaluating Cortland should confirm the current mandate range, including how the stated $20-100 Million Revenue range is applied and whether other financial criteria are used. They should also identify the professionals who would lead the engagement, discuss relevant buyer coverage and conflicts, and request the engagement economics, tail provisions, exclusivity terms, and termination rights. The contracting entity is identified as Cortland Advisors, LLC; owners should clarify whether any affiliated or partner entity would provide regulated securities or investment-advisory services.[1][2][11]

01

What is the current minimum and maximum revenue or enterprise-value range for new engagements

The current homepage states a $20-100 Million Revenue range, while the homepage does not define a current minimum enterprise value, transaction-size range, EBITDA threshold, or other financial screening criteria.[1]
02

Which professionals would lead the mandate, and how many comparable transactions have they completed recently

The About page states that the team has worked on more than 300 M&A deals globally over the last 35 years; that statement concerns the team in aggregate and does not identify the recent comparable-deal experience of the professionals who would lead a particular mandate.[6]
03

What are the engagement fees, success-fee mechanics, tail provisions, exclusivity terms, and termination rights

The official Services page does not publish engagement fees, success-fee percentages, minimum fees, tail periods, exclusivity terms, or termination provisions.[2]

What size transactions and clients does Cortland Advisors focus on?

The firm’s official sectors page lists government contracting, aerospace and defense, energy, commercial construction, media and entertainment, healthcare, technology, engineering, and transportation. Its construction practice also covers commercial and residential construction, trucking, transportation, logistics, manufacturing, structural steel fabrication, heavy equipment, and concrete. Its technology team advises businesses providing engineering-related software and services to the technology industry.[3][4][5]

Cortland’s official transactions page identifies examples including Dykstra, MarketConnections, Recip Tech, TMG, AVDS, Prometheus, Compendeum, Intercom, Belcan, Aurea, DigitalBridge/Teton, Redgate/AOL, and Pulse Secure/MobileSpaces. Cortland separately announced that it advised Dykstra Construction on its sale to JF Petroleum Group; that private transaction closed on February 7, 2022.[8][9]

Cortland’s publicly stated transaction work spans sell-side and buy-side M&A advisory, as well as consulting. The sell-side process described by the firm includes preparation of marketing materials, financial review, selected-buyer-list development, negotiation, and deal-structure guidance. The buy-side offering includes strategic planning, valuation, leverage analysis, financial-sponsor identification, and transaction negotiation and structuring.[2]

What does Cortland Advisors publicly disclose about fees, process and engagement terms?

The official Transactions page displays identifiable transaction examples but does not publish transaction values or consideration terms for those examples, and it does not provide complete closing-date information for each displayed transaction. The official Contact page does not publish a firm-level broker-dealer or investment-adviser registration number, regulator, or license status. The homepage states a $20-100 Million Revenue range but does not define a current minimum enterprise value, transaction-size range, EBITDA threshold, or other financial screening criteria. The Services page does not publish engagement fees, success-fee percentages, minimum fees, tail periods, exclusivity terms, or termination provisions.[1][2][8][11]

The official Contact page identifies the contracting entity as Cortland Advisors, LLC. That page does not publish a firm-level broker-dealer or investment-adviser registration number, regulator, or license status.[11]

Cortland describes a process involving marketing preparation, financial review, targeted buyer introductions, negotiation, and deal-structure guidance. Its Current Projects page states that prospective buyers may sign an NDA and receive a confidential information memorandum for listed opportunities.[2][10]

Questions to ask before hiring Cortland Advisors

What is the current minimum and maximum revenue or enterprise-value range for new engagements?
The current homepage states a $20-100 Million Revenue range, while the homepage does not define a current minimum enterprise value, transaction-size range, EBITDA threshold, or other financial screening criteria.[1]
Which professionals would lead the mandate, and how many comparable transactions have they completed recently?
The About page states that the team has worked on more than 300 M&A deals globally over the last 35 years; that statement concerns the team in aggregate and does not identify the recent comparable-deal experience of the professionals who would lead a particular mandate.[6]
What are the engagement fees, success-fee mechanics, tail provisions, exclusivity terms, and termination rights?
The official Services page does not publish engagement fees, success-fee percentages, minimum fees, tail periods, exclusivity terms, or termination provisions.[2]
Are family offices part of Cortland's potential buyer coverage for the relevant sector, alongside strategic buyers and financial sponsors?
Cortland describes selected-buyer-list development, targeted buyer introductions, and financial-sponsor identification as part of its services; the owner can ask how those capabilities would be applied to the relevant sector and whether family offices are part of potential buyer coverage.[2]
What transaction values, dates, buyer identities, and seller references can be shared under confidentiality?
The official Transactions page does not publish transaction values or consideration terms and does not provide complete closing-date information for each displayed transaction example.[8]
What legal entity contracts with clients, and does any affiliated or partner entity provide regulated securities or investment-advisory services?
The official Contact page identifies Cortland Advisors, LLC as the contracting entity, but does not publish a firm-level broker-dealer or investment-adviser registration number, regulator, or license status.[11]

Sources & research notes

Public-source research
  1. Official website / firm overview
  2. Services / capabilities
  3. Industry / market focus
  4. Industry focus
  5. Industry focus
  6. Geography / market coverage
  7. Transaction size / criteria
  8. Transaction / portfolio evidence
  9. Transaction / portfolio evidence
  10. Public Process
  11. Structure / regulatory context
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.

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