M&A + Capital Advisory

Built by operators.
For operators.

PE-grade execution. Founder-to-founder credibility. For lower middle market business owners planning their next move.


How We Help Business Owners

Whether you are ready to sell, raise capital, or plan your next move, Icon brings operator credibility and investment bank sophistication to lower middle market business owners.

Who Icon Serves

We work with successful business owners who have built something real — and are ready for what is next.

Our Clients Typically Have:

  • Lower middle market revenue — founder-led or family-owned businesses with real enterprise value
  • Profitable operations with transferable value
  • Plans for exit, growth capital, or partnership within 1–5 years
  • Industries: Services, healthcare, manufacturing, construction, technology

Who We Are Not Right For:

We are not the right fit for every business. If you are looking for the cheapest option, need someone yesterday, or want us to tell you what you want to hear instead of what you need to hear — we are probably not your people. We are selective because our clients deserve our full attention. When we take on an engagement, we are all in.

Not Your Grandpa's M&A Firm

You did the hard part — building a business that matters. But when it’s time to sell, raise capital, or plan your exit, the M&A industry hasn’t always served you well. Business brokers treat you like a house listing. Investment banks won’t return your call if you’re not Fortune 500.

That’s why we built Icon differently. Our team has built, scaled, and sold businesses. We’ve made payroll, lost sleep over decisions, and wondered if we were doing the right thing. We know what it feels like because we’ve been in your chair.

We bring institutional-quality deal execution with operator credibility — PE-grade process without the investment bank attitude. We leverage modern technology and deep industry relationships to deliver institutional-quality results with operator-level service.

We’re not here to talk down to you. We’re here to work alongside you — because your business deserves better than what the industry has been offering.

Ready to Talk About What's Next?

No pressure, no pitch. Just a conversation between operators.

We've Been in Your Chair

Our team has built, scaled, and sold businesses.

Your Size Is Our Focus

The lower middle market is underserved. We built Icon to fill that gap.

Tech-Forward Process

We leverage modern technology and AI to deliver better results, faster.

Confidentiality First

Your employees, customers, and competitors never know a thing until you’re ready.

You're Not a Transaction

We take on a limited number of engagements so every client gets our full attention.

Results That Speak

Higher valuations, better deal terms, and deals that actually close.

Why Business Owners Choose Icon

Your Business Deserves Better. Let's Talk.

WHAT OUR CLIENTS ARE SAYING

  • Tom H., Logistics Executive

    Daniel’s got this incredible ability to break down your business and show you what’s next—pure genius. He’s all about people, and it’s real. Icon’s team is full-on entrepreneurial—they clicked with my vibe instantly. Their connections made my deal happen, and it felt like a total win.

    Tom H., Logistics Executive
  • Emily S., E-Commerce Entrepreneur

    Daniel oozes authenticity—you can tell he loves what he does. He’s a thought leader who’s always ahead, and working with him gave me new direction. The Icon crew’s network is insane—they’re deal-closing machines. Drew and Chelsea brought so much energy, and I’ll always appreciate how they got me.

    Emily S., E-Commerce Entrepreneur
  • Joe K., Service Industry Founder

    Daniel’s vision is inspiring—he’s got a real passion for helping others win. He saw my blindspots when I couldn’t, and partnering with him shifted my whole perspective. The Icon team’s hustle is unreal—they’re plugged in and get deals across the finish line. I felt understood every step of the way.

    Joe K., Service Industry Founder
  • Linda P., Retail Business Owner

    Daniel’s a deal-making natural with a big heart for the community. He’s got this knack for figuring out your business and filling in the blanks—brilliant stuff. Working with Icon lifted me up in ways I didn’t expect. His team’s connections are unmatched—they know how to make things happen fast.

    Linda P., Retail Business Owner
  • Mike R., Real Estate Developer

    Daniel’s the kind of guy who gets you—authentic to the core. His leadership gave me the push I needed to rethink everything, and I’m better for it. Drew, Chelsea, and the Icon crew are wired into the right networks—they close deals like it’s second nature. Plus, they totally understood my struggles as a founder. Great people.

    Mike R., Real Estate Developer
  • Sarah T., Tech Entrepreneur

    Daniel Askew’s empathy and foresight are unreal—he’s always thinking ahead. He genuinely cares about people, and it shines through every step. Working with him transformed my business and honestly turned my life around. The Icon team knows everyone—deals just happen with them. They saw what I couldn’t and made it actionable—game-changer!

    Sarah T., Tech Entrepreneur

Frequently Asked Questions

What is Icon Business Advisors?

Icon Business Advisors is a Nashville-based M&A advisory firm serving lower middle market business owners. We help owners sell their businesses, raise growth capital, and plan exits — with the sophistication of an investment bank and the credibility of operators who have built and sold businesses themselves.

How much does it cost to sell a business?

M&A advisory fees typically range from 4–10% of transaction value for lower middle market deals. Icon charges a success fee based on deal value, with most engagements falling in the 4–6% range. Many structures allow the buyer to cover the advisory fee, meaning you get sophisticated representation without writing a check.

How long does it take to sell a business?

Most business sales take 6–12 months from engagement to close. The timeline depends on business complexity, buyer availability, market conditions, and deal structure. Well-prepared businesses with clean financials typically sell faster.

What is my business worth?

Business value depends on revenue, EBITDA, growth trajectory, customer concentration, industry multiples, and strategic factors. Lower middle market businesses typically sell for 3–7x EBITDA. Icon provides professional valuation services starting at $500 through our Icon Toolkit.

What is the difference between a business broker and an M&A advisor?

Business brokers typically handle smaller transactions with a listing-based approach. M&A advisors provide comprehensive representation including buyer targeting, deal negotiation, and full transaction management. Icon serves the middle ground — bringing institutional-quality M&A advisory to the lower middle market businesses that brokers cannot serve well but investment banks will not touch.

Where is Icon Business Advisors located?

Icon Business Advisors is headquartered in Nashville, Tennessee. We serve clients throughout the Southeast and nationwide through a combination of in-person and virtual engagement.

Review Our Latest Insights

Access our newest blog posts and downloadable resources.

The Owner's Table

A bi-weekly newsletter for business owners thinking about what is next. Exit intelligence, operator wisdom, and market insights — no fluff, no spam.

OPERATOR COMMAND CENTER

From chaos to clarity — in 7 days.

A focused consulting sprint that produces the strategic plan, marketing plan, and financial model every serious business owner needs.

Icon Command

Icon Command is Icon Business Advisors’ signature 7 day consulting sprint that produces a complete Strategic Business Plan, Marketing Plan, and Financial Model Specification for established business owners. Priced from $5,000 to $15,000, Icon Command delivers in days what traditional consultants take months to produce — built by operators, not theorists.

Your Complete Business Operating System — Built in 72 Hours

Icon Command is our flagship consulting sprint. In 72 hours, we produce the three documents that drive every successful business: a Strategic Business Plan, a Strategic Marketing Plan, and a Financial Model Specification. These aren’t generic templates. They’re custom-built for your business, your market, and your goals — by operators who’ve built businesses ourselves.

What You Get

Strategic Business Plan — Your complete roadmap: market position, competitive advantages, growth strategy, organizational plan, risk assessment, and 3-year financial projections. Written for investors, partners, and your own decision-making.

Strategic Marketing Plan — Your customer acquisition engine: target market definition, positioning, channel strategy, content plan, lead generation system, and marketing budget with ROI projections.

Financial Model Specification — The blueprint for your financial model: revenue assumptions, expense structure, scenario analysis (base/bull/bear), and the inputs your CFO or accountant needs to build a working model.

Pricing

Essentials ($5,000) — Strategic Business Plan only. Best for owners who need a roadmap but already have marketing and financial systems in place.

Growth ($10,000) — Strategic Business Plan + Marketing Plan. Best for owners ready to build a real growth engine.

Complete ($15,000) — All three deliverables. Best for owners preparing for a sale, capital raise, or major strategic shift. This is our most popular tier.

How It Works

Day 1: Discovery & Data. Deep dive into your business: financials, operations, market position, competitive landscape, team, and goals. We do the heavy lifting on research and analysis.

Day 2: Build & Draft. Our team produces your deliverables — combining Daniel’s operator experience, our research analysts, and AI-powered market intelligence to create documents that would take a traditional consultant 6-8 weeks.

Day 3: Review & Deliver. We walk you through every deliverable, answer questions, and make revisions. You leave with finished, client-ready documents.

Who This Is For

Business owners who are preparing to sell their business and need a credible growth story for buyers, raising capital and need investor-ready strategic documents, launching a growth initiative and need a real plan (not a pitch deck), or taking over a family business and need to professionalize operations.

Start with a free valuation snapshot to understand your baseline before the sprint.

The Growth Stack — Maximum Value

The Icon Command Sprint is even more powerful when combined with our other services:

Growth Stack Bundle: $15,000 upfront + $1,500/month

  • Business Valuation Report ($7,500 value)
  • Icon Command Sprint ($10,000 value)
  • Icon SEO Authority Program ($1,500/month)
  • Year 1 Total Value: $33,000

“We’ll tell you what your business is worth, build the operating system to increase that value, and then make sure the right buyers and investors find you — all in 30 days.”

What Clients Say

“Every consultant I’d hired before delivered a binder and disappeared. Icon took equity because they believed in what we were building together. That alignment changed everything — they weren’t billing hours, they were building value alongside us.”

— Sarah M., CEO | Technology Company | Southeast


See If You Qualify for Icon Command

Tell us about your business and goals. We’ll review your information and reach out within one business day to discuss whether Icon Command is the right fit.

Or email us directly: info@iconbusinessadvisors.com | Call: (615) 249-8047

Related Reading

7 Things That Destroy Business Value Before You Sell

Exit Planning at 50: What Nashville Business Owners Should Do Now

The EBITDA Multiple Explained

Start with a free valuation snapshot → | Need a standalone valuation? → | Schedule a discovery call →

Free Business Valuation Snapshot

Icon Business Advisors offers a free, no-obligation business valuation snapshot for established business owners. Delivered within 24 hours, the snapshot includes an estimated enterprise value range, EBITDA multiple benchmark, key value drivers, and one actionable recommendation to increase your business value. Confidential and zero-pressure.

Know What Range Your Business Is Worth — In 24 Hours, At No Cost

Most business owners have never had a professional valuation. They guess, they Google, or they rely on a number their accountant mentioned five years ago. That’s not good enough when you’re making decisions about selling, raising capital, or planning your exit.

Icon’s Free Value Snapshot gives you a real answer in 24 hours. We analyze your revenue, EBITDA, industry, growth trajectory, and market conditions to produce a one-page valuation summary — confidential, no obligation, no sales pitch attached.

What You Get

  • Estimated enterprise value range based on current market multiples for your industry
  • EBITDA range multiple benchmark — where your business falls relative to comparable transactions
  • Key sector value drivers identified — what’s pushing your value up and what’s holding it back
  • One actionable recommendation — the single highest-leverage thing you could do to increase value

Who This Is For

Business owners who want an honest answer to “what is my business worth?” — whether you’re thinking about selling in the next year, planning for an exit in 3-5 years, or just curious about where you stand. Nashville area, Southeast, and nationwide.

How It Works

Step 1: Fill out the form below (takes 5 minutes).

Step 2: Our team reviews your information and runs the valuation analysis.

Step 3: You receive your Value Snapshot via email within 24 hours.

Step 4: Optional 15-minute call to walk through the results — no pressure, no pitch.

Request Your Free Value Snapshot

Fill out the form below to get your free valuation snapshot. We’ll take it from there.


What Clients Say

“I spent a few hundred dollars on a valuation snapshot and it changed my entire exit timeline. I thought my business was worth far less than it actually was. That one conversation with Icon was the most valuable investment I’ve made in understanding my own company.”

— Robert K., Owner | Professional Services | Nashville


What Happens After the Snapshot?

Nothing, unless you want it to. The Value Snapshot is genuinely free with no strings attached. If you want to go deeper, we offer:

  • Professional Business Valuation Report ($3,500 – $5,000) — comprehensive analysis with detailed methodology, comparable transactions, and a branded report you can share with partners, investors, or advisors.
  • Icon Command Sprint ($5,000 – $15,000) — a 7 day sprint that produces your Strategic Business Plan, Marketing Plan, and Financial Model Specification.

But there’s zero expectation to buy anything. The Value Snapshot stands on its own.

Related Resources

What Is My Business Worth? Nashville Owner’s Guide

7 Things That Destroy Business Value

Exit Planning at 50

Learn about all Icon Toolkit products → | Ready to sell? Learn about Icon Exit → | Just want to talk? Schedule a discovery call →