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Comparison

Fortis Advisors vs Needham & Company

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

AttributeFortis AdvisorsNeedham & Company
TypeTech boutiqueIndustry specialist
HQSan Diego, CANew York, NY
Founded20081985
Sector focusTech, HealthcareTech, Healthcare
Deal size$10M-$150M$25M-$300M
Senior team
  • Brad Wagner
    President
  • Quintin Stephens
    Managing Director
Rating Locked Locked
Reviews0 verified0 verified

Choosing between Fortis Advisors and Needham & Company

Fortis Advisors and Needham & Company both work in Tech, Healthcare. Founders running a sell-side process in those categories often see both names on their advisor longlist, which is why this comparison comes up. Fortis Advisors is a tech boutique while Needham & Company is a industry specialist, so the underlying business models differ even where the sector coverage overlaps.

Fortis Advisors is headquartered in San Diego, CA and was founded in 2008, while Needham & Company operates out of New York, NY and was founded in 1985. Geography matters here: Fortis Advisors's San Diego relationships and Needham & Company's New York relationships will overlap on national strategics but diverge on the regional private equity buyer set most likely to push price. On deal-size focus, Fortis Advisors states $10M-$150M while Needham & Company states $25M-$300M.

For founders deciding between Fortis Advisors and Needham & Company, 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
Fortis Advisors
San Diego, CA

Fortis Advisors is a tech boutique headquartered in San Diego, CA and founded in 2008. The firm focuses on Tech, Healthcare and typically advises on transactions in the $10M-$150M range. Key dealmakers include Brad Wagne...

Read the Fortis Advisors profile and reviews
Firm B profile
Needham & Company
New York, NY

Needham & Company is a industry specialist headquartered in New York, NY and founded in 1985. The firm focuses on Tech, Healthcare and typically advises on transactions in the $25M-$300M range. Key dealmakers include Qui...

Read the Needham & Company profile and reviews

Frequently asked questions

What is the main difference between Fortis Advisors and Needham & Company?
Fortis Advisors is a tech boutique HQ'd in San Diego, CA (founded 2008), focused on Tech, Healthcare, with a typical deal range of $10M-$150M. Needham & Company is a industry specialist HQ'd in New York, NY (founded 1985), focused on Tech, Healthcare, with a typical deal range of $25M-$300M. Beyond those facts, the most reliable differentiator is senior banker attention, which BankerNotes reviews are designed to surface.
Which firm has better founder reviews, Fortis Advisors or Needham & Company?
Fortis Advisors's current rating is Locked (reviews unlock after five verified founders submit ratings). Needham & Company'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 Fortis Advisors and Needham & Company?
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 Fortis Advisors and Needham & Company?
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