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Comparison

BPCM Advisors vs Madison Street Capital

Comparing two boutique M&A advisors · Last updated April 10, 2025

AttributeBPCM AdvisorsMadison Street Capital
TypeBoutiqueBoutique
HQCharlotte, NCChicago, IL
Founded20122002
Sector focusLower Mid-Market, ServicesLower Mid-Market
Deal size$5M-$50M$5M-$50M
Senior team
  • Brian Patterson
    Managing Partner
  • Charles Botchway
    Founder, CEO
Rating Locked Locked
Reviews0 verified0 verified

Choosing between BPCM Advisors and Madison Street Capital

BPCM Advisors and Madison Street Capital both work in Lower Mid-Market. Founders running a sell-side process in those categories often see both names on their advisor longlist, which is why this comparison comes up. Both firms position themselves as boutique advisors, so the choice is less about category and more about pattern recognition, senior attention, and process fit.

BPCM Advisors is headquartered in Charlotte, NC and was founded in 2012, while Madison Street Capital operates out of Chicago, IL and was founded in 2002. Geography matters here: BPCM Advisors's Charlotte relationships and Madison Street Capital's Chicago relationships will overlap on national strategics but diverge on the regional private equity buyer set most likely to push price. On deal-size focus, BPCM Advisors states $5M-$50M while Madison Street Capital states $5M-$50M. Beyond shared coverage, BPCM Advisors also reaches into Services, while Madison Street Capital extends into adjacent categories.

For founders deciding between BPCM Advisors and Madison Street Capital, the honest recommendation is to take a working session with each named partner before signing. Read the firm-level reviews on BankerNotes for the pattern that matters most: did the partner who pitched the mandate run the buyer calls and final negotiations, or did the work slide down the org chart by week six. That pattern, more than league-table position, is what separates a good outcome from a mediocre one.

Firm A profile
BPCM Advisors
Charlotte, NC

BPCM Advisors is a boutique headquartered in Charlotte, NC and founded in 2012. The firm focuses on Lower Mid-Market, Services and typically advises on transactions in the $5M-$50M range. Key dealmakers include Brian Pat...

Read the BPCM Advisors profile and reviews
Firm B profile
Madison Street Capital
Chicago, IL

Madison Street Capital is a boutique headquartered in Chicago, IL and founded in 2002. The firm focuses on Lower Mid-Market and typically advises on transactions in the $5M-$50M range. Key dealmakers include Charles Botc...

Read the Madison Street Capital profile and reviews

Frequently asked questions

What is the main difference between BPCM Advisors and Madison Street Capital?
BPCM Advisors is a boutique HQ'd in Charlotte, NC (founded 2012), focused on Lower Mid-Market, Services, with a typical deal range of $5M-$50M. Madison Street Capital is a boutique HQ'd in Chicago, IL (founded 2002), focused on Lower Mid-Market, with a typical deal range of $5M-$50M. Beyond those facts, the most reliable differentiator is senior banker attention, which BankerNotes reviews are designed to surface.
Which firm has better founder reviews, BPCM Advisors or Madison Street Capital?
BPCM Advisors's current rating is Locked (reviews unlock after five verified founders submit ratings). Madison Street Capital's current rating is Locked (reviews unlock after five verified founders submit ratings). Read the individual firm profiles for the full review breakdown.
Should I shortlist both BPCM Advisors and Madison Street Capital?
For most founders evaluating sell-side advisors with overlapping sector and deal-size fit, putting both on a shortlist is reasonable. The point of a bake-off is to test how the senior team behaves under pressure, how the firm shapes the buyer universe, and how it handles a difficult diligence question. Treat the shortlist as an interview, not a beauty contest.
How does BankerNotes verify reviews of BPCM Advisors and Madison Street Capital?
Every review is submitted by a founder who confirms they hired the firm as their sell-side advisor. We verify the reviewer privately using work email, LinkedIn, and approximate engagement timing. The verified identity is never published. Only the rating, written review, and a generic sector label appear on the public page.

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Last updated: April 10, 2025