Skip to main content
Our Approach Sectors Transactions Team Contact Us
Strategic Transaction Advisory

Helping founder-led
businesses maximize
the value of what
they've built.

BGP Advisors is an independent investment banking firm focused exclusively on founder-owned businesses. We work directly with owners, providing hands-on guidance to maximize value through strategic transactions and growth strategies.

See Our Transactions Talk to Our Team
30+
Closed transactions
70+
Years combined experience
100%
Founder-owned businesses
Nationwide
Reach
Our Approach

Partners for every step.

BGP Advisors provides financial advisory services and capital to founder-owned companies across industries — helping owners unlock value and maximize results. We bring principal-level attention to every engagement, developing a deep understanding of each company's growth drivers and operational levers to ensure the best path forward.

01
Financial Advisory

Company sales, dividend recapitalizations, mergers, divestitures, debt & equity capital raises, and acquisition advisory — with sell-side M&A as our primary focus.

02
Principal Investing

Majority and minority investments in founder-owned companies where we see compelling long-term value and a strong alignment of interests with ownership.

03
Strategy Consulting

Financial analysis, forecast development, KPI identification and monitoring, and growth strategy — helping owners build enterprise value ahead of a transaction.

Why BGP Advisors

What sets us apart.

Principal-Level Attention

Every engagement receives direct attention from our senior partners — not junior associates. You work with the people who have closed the deals.

Founder-First Philosophy

We work exclusively with founder-owned businesses. We understand the stakes — your company is the result of years of work — and we treat every engagement accordingly.

Cross-Sector Experience

Our team brings transaction experience across healthcare, business services, consumer, education, technology, and financial services — giving us perspective that specialist advisors lack.

FINRA Licensed Representatives

Our team holds FINRA Series 7, 63, and 79 licenses. We operate with the regulatory oversight and professional standards that complex transactions demand.

Sector Focus

Experience across high-growth
industries.

We advise founder-owned businesses across a broad range of industries experiencing active private equity consolidation and strategic M&A activity. If you own a founder-led business, we can help.

Healthcare Services

Physician practices, behavioral health, aesthetics, wellness, and outsourced healthcare services.

Business Services

Outsourced professional services, staffing, facilities management, and B2B service businesses.

Education

K-12, early childhood education, tutoring, vocational training, and workforce development businesses.

Financial Services

RIAs, insurance services, tax advisory, bookkeeping, and fintech-enabled financial businesses.

Consumer

Consumer products, food & beverage, retail, and direct-to-consumer businesses with strong brand equity.

Industrial Services

Specialty trades, commercial services, environmental services, and infrastructure-adjacent businesses.

Technology

Software, managed services, IT services, and technology-enabled businesses with recurring revenue.

Government Services

Businesses with government and municipal contracts featuring predictable, contract-backed revenue.

Select Transactions

A proven track record.

30+ closed transactions across industries. BGP Advisors served as Exclusive Financial Advisor in each engagement below, except where noted.*

Sell-Side
Bella Women's Care
Women's Health
Sell-Side
Palm Valley Women's Care
Women's Health
Sell-Side
Great Lakes Gastroenterology
Gastroenterology
Sell-Side
Russell Beck, MD
Women's Health
Sell-Side
Gregory Layton, MD
Women's Health
Sell-Side
Arizona Women's Health Partners
Women's Health
Sell-Side
Sunrise Women's Healthcare
Women's Health
Sell-Side
A New Beginning OBGYN
Women's Health
Sell-Side
University Obstetrics & Gynecology
Women's Health
Sell-Side
Desert Rose Obstetrics & Gynecology
Women's Health
Sell-Side
Mesa Obstetricians & Gynecologists
Women's Health
Sell-Side
Integrated Pain Consultants
Pain Management
Sell-Side
Camelback Women's Health
Women's Health
Sell-Side
Gastroenterology & Hepatology Specialists
Gastroenterology
Sell-Side
My OB·GYNe
Women's Health
Sell-Side
Ear Institute of Texas
Otolaryngology
Sell-Side
Laguna Aesthetics
Aesthetics
Sell-Side
Central Phoenix Women's Health Care
Women's Health
Sell-Side
APG Healthcare
Mental Health
Sell-Side
Flagstaff OB/GYN
Women's Health
Sell-Side
Rita Medical Elite
Aesthetics
Sell-Side
Capital City Psychiatry
Mental Health
Sell-Side
Psychiatry Associates of Tallahassee
Mental Health
Sell-Side
Desert Sage Obstetrics and Gynecology
Women's Health
Sell-Side
Comprehensive Women's Healthcare
Women's Health
Sell-Side
Midtown OB-GYN
Women's Health
Sell-Side
Mobile IV Nurses
Wellness
Sell-Side
Renew Wellness & Aesthetics
Aesthetics
Sell-Side
Optimal Health Associates
Regenerative Medicine
Sell-Side
Jan Costa BSN RN - Just Aesthetic Nursing
Aesthetics
Consulting*
Kraft Heinz
Consumer
Sell-Side*
Savorista
Consumer
Buy-Side Diligence*
Checkers & Rally's
Consumer
Buy-Side Diligence*
Lee's
Consumer
Sell-Side*
Themis Education
Education

* Transactions completed by BGP Advisors team members at prior firms.

Our Team

The people behind every deal.

Decades of combined experience in investment banking, private equity, consulting, due diligence, and clinical operations — with principal-level involvement on every engagement.

Steve Carmen
Steve Carmen
Managing Partner

Steve is the Managing Partner of BGP Advisors. He has 15+ years of experience in corporate transactions and business development strategy as an advisor, investor, and operator. Prior to forming BGP Advisors, Steve was a VP at PwC Corporate Finance providing M&A advisory services. He previously led corporate development at two privately-held middle market companies through successful liquidity events. Steve holds an MBA from Kellogg School of Management at Northwestern University, and a BS in Business from Florida State University. He holds FINRA Series 7, 63, and 79 licenses.

LinkedIn
Keith Friedenberg MD
Keith Friedenberg, MD
Managing Director, Business Development

Keith has been a practicing gastroenterologist for more than three decades. He founded and led Great Lakes Gastroenterology, which he successfully sold in 2022 — giving him firsthand perspective on the transaction process that is invaluable to BGP's clients. Keith is also Founder and CEO of The Clinical Trials Network, supporting 75+ independent physician practices. Keith holds a BA from Cornell, an MD from UCLA, and an MBA from Indiana University.

LinkedIn
Andrew Adams
Andrew Adams
Managing Director

Andrew has 15+ years of experience in M&A, strategy, operations, and investing. He served as CFO of a PE-backed company, was an Investment Partner at a family office, and consulted at Bain & Company advising Fortune 50 companies. Earlier in his career, Andrew was an investment professional at Lake Capital and an investment banking analyst at J.P. Morgan. He holds an MBA from The Wharton School, a BBA from the University of Michigan, and a FINRA Series 79 license.

LinkedIn
Daniel Shaw
Daniel Shaw
Managing Director

Daniel has more than a decade of transaction and accounting experience. He was a Director at Alvarez and Marsal providing sell-side and buy-side financial due diligence for PE clients, and previously worked at KPMG in audit and transaction advisory. Daniel holds a BS in Accounting from Louisiana Tech University, is a licensed CPA, and holds a FINRA Series 79 license.

LinkedIn
Alex Dean
Alex Dean
Vice President

Prior to joining BGP Advisors, Alex worked in Strategy & Operations at DaVita, one of the largest kidney care providers in the US. Before business school, Alex served in the U.S. Marine Corps for 8 years as an infantry officer and marine advisor, with experience across Asia, Europe, and South America. He holds an MBA from the University of Virginia Darden School of Business, a BA in Political Science from Seton Hall University, and a FINRA Series 79 license.

LinkedIn
Contact Us

Let's start the conversation.

Whether you're a business owner exploring your options, a referral partner, or an institutional investor, we'd like to hear from you. We respond within one business day.

Address
4016 Henderson Blvd
Tampa, FL 33609

Communications through our website or via email are not encrypted and are not necessarily secure. Use of the internet or email is for your convenience only, and by using them, you assume the risk of unauthorized use.