REAG
REAG identifies itself as River’s Edge Alliance Group, a lower-middle-market M&A broker and investment banking firm founded by Scott Mashuda and Todd Torquato in May 2004. Its stated focus includes businesses with revenue up to $250M, EBITDA of $2M+, and a United States location, while its transaction-readiness offering identifies founder-led, family-owned, or closely held businesses typically up to $250M in revenue and up to $25M in EBITDA.
What stands out about REAG
REAG publicly offers sell-side and buy-side representation, strategic ownership planning, debt advisory, transaction-readiness advisory, and related transaction support. Its stated criteria center on U.S. lower-middle-market businesses, and its featured industries include chemicals, manufacturing and fabrication, electronic manufacturing services, and specialty plastics.[1][2][3][4][5][6]
What does REAG do?
REAG identifies itself as River’s Edge Alliance Group, a lower-middle-market M&A broker and investment banking firm founded by Scott Mashuda and Todd Torquato in May 2004. The firm’s stated work spans business sales, acquisitions, ownership transitions, and private capital markets advisory.[1][2][3]
REAG publicly offers sell-side representation, buy-side representation, strategic ownership planning, and debt advisory. Its published transaction types include third-party sales, management buyouts, generational transfers, partnerships, portfolio and add-on searches, recapitalizations, and strategic acquisitions.[2][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.
Published criteria: REAG states that it focuses on businesses with revenue up to $250M, EBITDA of $2M+, and a United States location. Its transaction-readiness offering identifies founder-led, family-owned, or closely held businesses typically up to $250M in revenue and up to $25M in EBITDA.[3][5]
What should a business owner evaluate before hiring REAG?
Owners considering REAG can compare the firm’s stated criteria with their company’s ownership structure, size, EBITDA, geography, and industry. The published materials describe confidential sell-side execution and transaction-readiness services, including buyer identification, information-flow management, offer negotiation, diligence coordination, and closing support.
Before engagement, an owner should confirm the legal contracting entity, applicable registrations or exemptions, fee mechanics, expense treatment, tail and termination provisions, buyer-screening approach, conflicts policy, valuation scope, expected timeline, and the professionals who will lead the work. The homepage’s compensation disclosure and the case-study index’s lack of transaction-value details make those points matters for direct clarification.[2][3][4][5][6]
Which legal entity will sign the engagement letter, and what firm-level registrations or exemptions apply to the proposed services
What are the initial engagement fee, success-fee formula, minimum fee, expense policy, tail period, and termination provisions
Which published transactions share characteristics with the proposed engagement by industry, revenue, EBITDA, geography, and ownership structure
What size transactions and clients does REAG focus on?
REAG’s official sell-side materials specifically identify chemicals, manufacturing and fabrication, electronic manufacturing services, and specialty plastics as featured industries.[4]
REAG announced on September 24, 2025 that it advised New Angle Beveling on its sale to Aldora Aluminum & Glass Co. Inc. REAG also states that it advised Innovative Electronics Corporation, now Aragra Technologies, through three strategic acquisitions that increased the client’s annual revenues by 500%.
In another disclosed engagement, REAG states that it acted as the exclusive finder and buy-side adviser to MBPJ Acquisition Corporation in its acquisition of Ansen Corporation.[7][8][9]
REAG’s published transaction focus includes third-party sales, management buyouts, generational transfers, partnerships, portfolio and add-on searches, recapitalizations, and strategic acquisitions. The firm also describes transaction-readiness advisory for a potential transaction, recapitalization, or liquidity decision generally provided 12–36 months or earlier before that decision.[3][5]
What does REAG publicly disclose about fees, process and engagement terms?
The cited homepage describes compensation as typically including an initial engagement fee and a success fee customized to the client’s situation, but does not publish a universal success-fee percentage, minimum fee, tail period, or termination schedule. The cited case-study index identifies representative engagements but does not publish transaction values or consideration terms for those engagements.[2][6]
REAG states that it is not a law firm or CPA firm and does not provide investment or wealth-management advice. The cited transaction-readiness page does not state a firm-level SEC, FINRA, or state securities-registration identifier for REAG.[5]
REAG describes a confidential sell-side process that can include valuation and strategic assessment, preparation of teasers and CIMs, buyer identification, NDA and information-flow management, management meetings, offer negotiation, due-diligence coordination, and closing support.[4]
Questions to ask before hiring REAG
Which legal entity will sign the engagement letter, and what firm-level registrations or exemptions apply to the proposed services?
What are the initial engagement fee, success-fee formula, minimum fee, expense policy, tail period, and termination provisions?
Which published transactions share characteristics with the proposed engagement by industry, revenue, EBITDA, geography, and ownership structure?
How will strategic buyers, private-equity firms, family offices, and other capital sources be screened for fit and conflicts?
Will REAG provide a valuation opinion, fairness opinion, or only market-based valuation analysis?
What is the expected process timeline and what owner-management time commitment is required?
Sources & research notes
- Official website / firm overview
- Services / capabilities
- Services / capabilities
- Investment approach
- Transaction size / criteria
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Transaction / portfolio evidence
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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