Great Plains Capital Partners
Great Plains Capital Partners describes itself as a merger and acquisition advisory firm. It states that it primarily focuses on Midwest businesses in Kansas, Missouri, Iowa, Nebraska, Oklahoma, and Texas, with stated focus on companies with EBITDA up to $10 million and typical enterprise values of $2-$50 million.
What stands out about Great Plains Capital Partners
GPCP publicly presents an advisory model for lower-middle-market businesses, with sell-side and buy-side services spanning sales, recapitalizations, management buyouts, divestitures, valuation, financing, and retained acquisition searches. Its published focus is centered on Midwest businesses and a range of industrial, energy, agribusiness, business-services, home-services, technology-enabled, health, and aerospace and defense sectors.[1][2][3]
What does Great Plains Capital Partners do?
Great Plains Capital Partners describes itself as a merger and acquisition advisory firm. Its published model serves both sell-side and buy-side clients across a range of transaction and advisory assignments.
GPCP states that it primarily focuses on Midwest businesses in Kansas, Missouri, Iowa, Nebraska, Oklahoma, and Texas. Its published company criteria are EBITDA up to $10 million, a stated sweet spot from $500,000 to $5 million of EBITDA, and typical enterprise values of $2-$50 million; it says businesses outside that range may be considered opportunistically.[1][2]
GPCP states that it advises sell-side and buy-side clients on business sales, valuation services, growth capital involving equity or debt, majority or minority recapitalizations, management buyouts, corporate divestitures, management consulting, and buyer-side retained acquisition searches.
For business-sale assignments, GPCP states that its process can include market research, marketing the business, managing due diligence, financing, and leading the transaction to closing.[1][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.
Published criteria: GPCP states that it focuses on companies with EBITDA up to $10 million, with a sweet spot from $500,000 to $5 million of EBITDA and typical enterprise values of $2-$50 million. It says businesses outside that range may be considered opportunistically.[2]
What should a business owner evaluate before hiring Great Plains Capital Partners?
For an owner evaluating a sale advisor, GPCP’s published criteria describe a Midwest-focused model for businesses with EBITDA up to $10 million, a stated sweet spot from $500,000 to $5 million of EBITDA, and typical enterprise values of $2-$50 million. Its stated sector coverage includes industrial, energy, agribusiness, business services, home and facility services, technology-enabled, health, and aerospace and defense businesses.
Owners should confirm the engagement economics, buyer outreach process, conflicts procedures, regulatory structure, expected involvement of managing members, and treatment of transaction expenses. GPCP’s official services page does not publish universal advisory-fee percentages, minimum fees, expense schedules, tail periods, or termination provisions, while its official transactions page does not publish transaction values, financing terms, consideration terms, or buyer identities for every listed assignment.[1][2][3]
What legal entity would sign the engagement letter, and what firm-level registrations or exemptions apply
What are the advisory fee percentage, minimum fee, expense reimbursement terms, tail period, termination rights, and any exclusivity provisions
How many comparable engagements has the assigned team completed in the owner's sector and geography
What size transactions and clients does Great Plains Capital Partners focus on?
GPCP lists oil and gas/energy; agribusiness and agricultural equipment; general industrial manufacturing and distribution; business services; home and facility services; technology-enabled services/software; animal and human health; and aerospace and defense as industry focus areas.[2]
GPCP’s representative transaction page identifies Butterfly Supply Inc. as a sell-side advisory buyout, Novus Ag as a recapitalization, Premier Tillage as a sell-side advisory asset sale, and Xact Data Discovery as a sell-side advisory recapitalization with private equity.
The same page identifies Van Becelaere Machine Works as a buy-side advisory assignment, No Limit Wheels LLC as management buyout consulting, D&M Distribution as a sell-side advisory buyout, and Polymeric Group as a sell-side advisory buyout.
GPCP reported that D&M Distribution was acquired by CarrierHawk in a post dated September 5, 2026, and that Polymeric Group was acquired by NOCOPI Technologies in a post dated June 15, 2026. Other reported transactions include DQ Painting, acquired by Paint Innovators in a post dated November 21, 2025; Premier Tillage, acquired by Unverferth Manufacturing in a post dated October 6, 2025; and Graber Outdoors, acquired by Revamp, a portfolio company of Bertram Capital, in a post dated August 7, 2025.[3][4][5][6][7][8]
The firm’s stated transaction work includes business sales, growth capital involving equity or debt, majority or minority recapitalizations, management buyouts, corporate divestitures, and buyer-side retained acquisition searches. It also lists valuation services and management consulting.[2]
What does Great Plains Capital Partners publicly disclose about fees, process and engagement terms?
GPCP’s official services page does not publish universal advisory-fee percentages, minimum fees, expense schedules, tail periods, or termination provisions.
GPCP’s official transactions page does not publish transaction values, financing terms, consideration terms, or buyer identities for every listed assignment.
GPCP’s official About page identifies an individual Series 65 qualification but does not state a firm-level CRD number, IARD number, SEC registration number, broker-dealer registration, or other organization-level regulatory identifier for Great Plains Capital Partners.[1][2][3]
The GPCP About page describes Lance M. Cleaver as a licensed Series 65 SEC Investment Advisor Representative.
The official About page identifies that individual qualification but does not state a firm-level CRD number, IARD number, SEC registration number, broker-dealer registration, or other organization-level regulatory identifier for Great Plains Capital Partners.[1]
GPCP states that it uses a personal approach in which clients work directly with managing members who listen to client requirements and goals and create a transaction plan. For business-sale assignments, the firm states that support can include market research, marketing, due diligence, financing, and leading the transaction to closing.[1]
Questions to ask before hiring Great Plains Capital Partners
What legal entity would sign the engagement letter, and what firm-level registrations or exemptions apply?
What are the advisory fee percentage, minimum fee, expense reimbursement terms, tail period, termination rights, and any exclusivity provisions?
How many comparable engagements has the assigned team completed in the owner's sector and geography?
Which buyer categories would be contacted, and how would confidentiality and conflicts be managed?
What portion of the process would be handled directly by the managing members?
Can GPCP provide references for recent comparable transactions and explain whether the owner is seeking a full sale, recapitalization, minority investment, or management buyout?
Sources & research notes
- Official website / firm overview
- Services / capabilities
- Transaction / portfolio evidence
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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 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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