Arcadia Capital Partners Research
Advisory Approach
Arcadia Capital Partners is a Phoenix-based, boutique national investment bank founded in 2016 by Matthew Greeson, a veteran M&A banker with 15+ years of capital markets experience. The firm's founding thesis reflects Greeson's conviction that middle market companies—often overlooked by larger bulge-bracket and mega-cap investment banks—deserve institutional-quality advisory services. ACP's approach emphasizes senior-level engagement, process discipline, and long-term partnership focus. The firm does not measure success by short-term transactional gains but by the sustained success of its clients over time. This philosophy translates into dedicated senior resources on every engagement, meticulous process management, and absolute confidentiality—hallmarks of a firm that competes on execution excellence rather than size or brand.
Sector Focus & Market Positioning
Arcadia Capital Partners serves a diverse base of middle market companies across business services, manufacturing, healthcare, professional services, software, and distribution sectors. The firm's sweet spot is companies generating $15 million to $200 million in annual revenue—the core middle market where management teams want sophisticated, dedicated advisory rather than junior-heavy banking relationships. Greeson's background includes significant advisory experience in manufacturing and industrial sectors, combined with exposure to technology, healthcare, and business services through his work at Greene Holcomb Fisher. This breadth allows ACP to understand industry-specific economics and buyer landscapes across multiple verticals. The firm explicitly targets founders and owner-operators planning liquidity events, family offices seeking growth capital partners, and middle-market PE groups looking to optimize their portfolio capital structures.
Transaction Experience & Track Record
Arcadia Capital Partners has completed more than 50 M&A, capital raise, and financial advisory transactions over its first decade of operation, with cumulative transaction values exceeding $4.0 billion. This transaction volume encompasses a mix of sell-side M&A assignments, growth capital raises, recapitalizations, and financial advisory engagements. Transaction sizes typically range from $20 million to over $1 billion in enterprise value. The firm's experience base reflects Greeson's prior tenure at Greene Holcomb Fisher, where he advised on 40+ transactions worth over $4 billion in aggregate value—predominantly in manufacturing, industrial services, and diversified middle market sectors. This background provides ACP with deep, practical knowledge of buyer networks (PE firms, strategic acquirers, family offices), seller motivations, deal timing, and valuation methodologies specific to the middle market.
Process & Advisory Services
Arcadia Capital Partners offers three primary service lines tailored to middle market liquidity needs:
Mergers & Acquisitions: ACP advises on sell-side and buy-side M&A for businesses generating $15-$200 million in revenue. The firm focuses on owners seeking to sell at least 51% of their interests or shareholders wanting to transition ownership or find a growth partner. The advisory process emphasizes rigorous buyer identification, structured data room preparation, and institutional-quality process management—lessons learned from executing 40+ transactions at Greene Holcomb Fisher.
Capital Raises: For companies not ready to exit but seeking growth capital, ACP structures transactions involving $5+ million of capital via a blended debt/equity approach. This reflects the firm's view that capital structure optimization is as important as buyer identification. Recent market dynamics have expanded this service line, as middle-market owners increasingly opt for growth equity or PE recapitalizations over outright sales.
Financial Advisory: ACP provides counsel on strategic alternatives, capital structure optimization, and valuation for potential liquidity events within 12-18 months. This advisory work serves as a natural feeder to deeper M&A or capital raise engagements.
Team & Leadership
Matthew Greeson serves as Managing Director, Chief Compliance Officer, and founder of Arcadia Capital Partners. With 15+ years of capital markets and corporate advisory experience, Greeson has been the architect and lead on the firm's transaction pipeline since founding ACP in 2016. His résumé includes 11 years at Greene Holcomb Fisher (now part of BMO Capital Markets) in a senior M&A advisory role, where he closed 40+ transactions worth $4+ billion, and prior roles in CFO and General Counsel functions at US Bancorp, providing deep operational and financial perspective. Greeson holds an MBA from the University of Minnesota's Carlson School of Management and a BBA from the University of Wisconsin–Eau Claire. The firm operates as a tight, senior-focused team of 2-10 professionals, intentionally keeping headcount small to ensure Greeson and other senior advisors remain actively involved in every engagement rather than delegating to junior teams—a deliberate differentiation from larger investment banks.
Competitive Positioning & Not a Fit
Arcadia Capital Partners competes against boutique regional banks, larger independent investment banks, and lower-tier bulge-bracket practices. The firm's advantages include: (1) founder-led advisory with 15+ years of M&A experience directly involved in every transaction, (2) process discipline rooted in executing 40+ deals at GHF, (3) geographic diversity (national platform based in Phoenix), and (4) sector expertise across business services, manufacturing, healthcare, and software. The firm positions itself as an alternative to generalist banks that lack sector focus and to niche specialists that lack diversified experience. ACP typically declines transactions below $15 million in revenue (too small for their process efficiency), pure asset sales (they focus on going-concern businesses), and engagements where owners want a limited, rushed process—ACP's value comes from deliberate buyer outreach and institutional-quality execution.
Geographic Footprint & Reach
Headquartered in Phoenix, Arizona, Arcadia Capital Partners serves clients across the United States. The firm leverages national relationships developed through Greeson's prior roles and explicitly positions itself as a "national middle market investment bank" capable of accessing buyer networks in major PE hubs and strategic buyer corridors. Phoenix's emerging importance as a business services and professional services hub, combined with Arizona's manufacturing and construction industries, provides local market depth while the national platform enables clients to reach PE firms on both coasts and strategic acquirers across all major metropolitan areas.
Investment Thesis & Values
Arcadia Capital Partners' investment thesis can be summarized as: institutional-quality M&A advisory and capital advisory services for middle market companies are underserved. Larger banks view these companies as small, while regional boutiques often lack the firepower and process rigor of national firms. ACP fills this gap through founder-led, senior-focused advisory that does not compromise on process or client outcomes. The firm's core values—Consistency, Leadership, Integrity, Sophistication, and Discipline—reflect a commitment to long-term client success over transactional volume or short-term margin maximization.