Auxo Firm Directory · Independent Research Profile

Forbes Securities Group

Forbes Securities Group, LLC does business as Forbes Partners. The firm publicly describes services spanning sell-side and buy-side advisory, capital and financing solutions, restructuring, ESOP transactions, valuation, due diligence, and transaction support.

Key takeaway

What stands out about Forbes Securities Group

Forbes Securities Group operates under the Forbes Partners brand and focuses on privately held middle-market companies. Its public materials describe sell-side and buy-side advisory, capital raising, restructuring, ESOP services, valuation, and related support across business services, consumer, healthcare, industrials, and technology. The cited official services page does not publish a universal revenue, EBITDA, enterprise-value, or transaction-size threshold for client engagements.[1][2][3][4][5][6]

What does Forbes Securities Group do?

Forbes Securities Group, LLC announced on February 13, 2023 that it would do business as Forbes Partners. The firm publicly describes services for privately held middle-market companies, including M&A advisory, capital and financing solutions, restructuring, ESOP transactions, valuation, due diligence, and transaction support. It states that it works with a select few clients each year.[1][2][3] Forbes Partners publicly offers sell-side advisory, buy-side advisory, capital and financing solutions, restructuring capital, ESOP transaction services, strategic planning, financial due diligence, transaction support, outsourced CFO services, technical accounting, and business valuation.[3]

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
Forbes Partners describes its clients as privately held, exceptional middle-market companies and states that it works with a select few clients each year. The cited official services page does not publish a universal revenue, EBITDA, enterprise-value, or transaction-size threshold for client engagements.[3]

What should a business owner evaluate before hiring Forbes Securities Group?

An owner evaluating Forbes should clarify the scope and contracting structure of the proposed engagement. In particular, the owner should confirm which legal entity will sign the engagement letter and receive fees, which entity will provide each service, and whether the assignment would involve the FINRA-member broker-dealer, The Forbes M+A Group, or both. The owner should also request the applicable fee mechanics, transaction-size criteria, and treatment of conflicts, because the cited official services and Transactions pages do not publish universal financial thresholds, complete transaction allocation, or fee arrangements for every displayed transaction.[2][3][6][12]
01

Which legal entity will sign the engagement letter and receive fees: Forbes Securities Group LLC, doing business as Forbes Partners, or The Forbes M+A Group

The firm identifies Forbes Securities Group LLC as the legal entity doing business as Forbes Partners, while the Transactions page states that displayed transactions may also include clients of The Forbes M+A Group.[2][6]
02

What revenue, EBITDA, enterprise-value, transaction-size, sector, and geographic criteria apply to the proposed engagement

Forbes Partners describes a privately held middle-market client focus, but the cited official services page does not publish universal revenue, EBITDA, enterprise-value, or transaction-size thresholds.[3]
03

Which services are performed by the broker-dealer versus the non-broker-dealer affiliate

The public materials identify Forbes Securities Group LLC as a broker-dealer and distinguish Forbes Partners transactions from transactions involving The Forbes M+A Group, a non-broker-dealer affiliate.[6][13]

What size transactions and clients does Forbes Securities Group focus on?

The firm publicly identifies business services, consumer products and services, healthcare, industrials, and technology as core industry areas. Its industrial coverage includes advanced materials, aerospace and defense, automotive, building materials, distribution, energy equipment and services, environmental services, industrial services and technology, manufacturing, MRO, packaging, testing and inspection, transportation and logistics, and utilities.[6][7] Publicly announced examples include Forbes Partners serving as exclusive financial advisor to DHE Computer Systems in its sale to Gladstone Investment Corporation, with the announcement dated July 17, 2026; to Mock Plumbing & Mechanical in its strategic sale to Service Logic, with the announcement dated February 24, 2026; and to Western Microsurgical in its sale to HealthEdge Partners, with the announcement dated February 3, 2025. A separate announcement states that The Forbes M+A Group served as exclusive sell-side advisor to Glass Box Technology in its recapitalization and growth investment by Panther Equity Group and Genesis Park, dated June 30, 2025.[8][9][10][11] Forbes Partners describes transaction work that includes sell-side and buy-side advisory, capital and financing solutions, restructuring capital, ESOP transactions, and transaction support. Its stated sell-side process covers sale preparation, positioning, valuation, buyer engagement, competitive bidding, negotiation, and closing.[3][4]

What does Forbes Securities Group publicly disclose about fees, process and engagement terms?

The cited official services page does not publish a universal revenue, EBITDA, enterprise-value, or transaction-size threshold for client engagements. The cited official Transactions page does not publish transaction values, consideration terms, or fee arrangements for every displayed transaction. That Transactions page also states that displayed transactions may include clients of Forbes Partners and clients of the non-broker-dealer affiliate The Forbes M+A Group, but it does not provide a complete transaction-by-transaction allocation between those entities.[3][6] FINRA identifies The Forbes Securities Group LLC as CRD #288142 and SEC #8-69926, a limited liability company formed in Colorado on February 1, 2017, regulated by FINRA’s Denver Office, with Forbes Partners listed as an alternate firm name. A 2025 Form X-17A-5 filing identifies Forbes Securities Group LLC as a broker-dealer. The firm’s About page states that The Forbes Securities Group, LLC, doing business as Forbes Partners, is a member of FINRA and SIPC.[2][12][13] Forbes Partners describes a sell-side process involving sale preparation, positioning, valuation, buyer engagement, competitive bidding, negotiation, and closing.[4]

Questions to ask before hiring Forbes Securities Group

Which legal entity will sign the engagement letter and receive fees: Forbes Securities Group LLC, doing business as Forbes Partners, or The Forbes M+A Group?
The firm identifies Forbes Securities Group LLC as the legal entity doing business as Forbes Partners, while the Transactions page states that displayed transactions may also include clients of The Forbes M+A Group.[2][6]
What revenue, EBITDA, enterprise-value, transaction-size, sector, and geographic criteria apply to the proposed engagement?
Forbes Partners describes a privately held middle-market client focus, but the cited official services page does not publish universal revenue, EBITDA, enterprise-value, or transaction-size thresholds.[3]
Which services are performed by the broker-dealer versus the non-broker-dealer affiliate?
The public materials identify Forbes Securities Group LLC as a broker-dealer and distinguish Forbes Partners transactions from transactions involving The Forbes M+A Group, a non-broker-dealer affiliate.[6][13]
What are the success fee, retainer, expense reimbursement, tail, exclusivity, termination, and indemnification provisions?
The cited official Transactions page does not publish fee arrangements for every displayed transaction, so the engagement-specific provisions should be confirmed directly.[6]
Can the firm provide comparable transactions with disclosed buyer type, transaction structure, valuation methodology, and owner rollover or continuing-management terms?
The public transaction examples identify selected counterparties and transaction descriptions, but the cited Transactions page does not publish transaction values or consideration terms for every displayed transaction.[6][8][9][10]
How will conflicts be handled when buyers, financing sources, or affiliate entities are involved?
The public materials describe Forbes Securities Group LLC as a FINRA-member broker-dealer and identify transactions involving Forbes Partners and its non-broker-dealer affiliate, making the proposed conflict-management approach an engagement-specific point to clarify.[2][6][12]

Sources & research notes

Public-source research
  1. Official website / firm overview
  2. Official website / firm overview
  3. Services / capabilities
  4. Services / capabilities
  5. Investment approach
  6. Industry / market focus
  7. Industry / market focus
  8. Transaction / portfolio evidence
  9. Transaction / portfolio evidence
  10. Transaction / portfolio evidence
  11. Transaction / portfolio evidence
  12. FINRA regulatory record
  13. SEC filing / regulatory record
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.

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