Investors may have plenty of money to spend these days — stories abound about financings of promising startups and of much bigger deals cut in slick, sky-high offices. But a while ago, the attorneys at Pittsburgh’s Doepken Keevican & Weiss noticed that their primary client base, middle-market companies, was often overlooked in the new economy.
Somewhere along the way, the deals that investment banks preferred became larger than those proposed by many of Deopken’s corporate clients, which typically post sales of between $10 million and $500 million. So even as the economy heated up, “we found…that a lot of those [midsize] companies were having a difficult time finding investment banking services,” said the firm’s managing director, Leo A. Keevican.
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