Despite the economic turmoil of the last 12 months, 2009 was a year of growth for MidCap Advisors.  In addition to closing several transactions and assignments, we successfully launched our Affiliate Program that supports entrepreneurial M&A professionals with a comprehensive infrastructure support system.  We now have six regional offices supporting middle market companies throughout the United States.

We want to thank all of our clients, colleagues, staff, and all of the other people who have helped us accomplish an astonishing amount in difficult times.  We wish everyone a joyous holiday season and look forward to all of us enjoying an improving environment in 2010.

2009 in Review

• More than doubled our size by opening 5 new offices
• Added 7 highly talented managing director level professionals to our team
• Created two new specialty practice groups including Gaming & Entertainment and Healthcare Services
• Saw a significant increase in targeted buy-side engagements and capital raise projects
• Provided business valuation, fairness opinions and litigation support services in matters in Denver, Los Angeles, Kansas City and Chicago
• Launched a new website that now receives over 2,000 unique visitors a month
• Developed and rolled out proprietary CRM and deal tracking software that coordinates business development and transaction activity throughout the organization and regional offices
• MidCap's principals and managing directors wrote over two dozen articles and spoke at half a dozen events across the country

Preview of 2010

• Expect a marked increase in M&A Activity.
• Plan to open additional regional offices in Philadelphia, Los Angeles, Atlanta and Miami.
• Expand our business succession focus.

From all of us at MidCap Advisors, we hope you and your loved ones have a happy Holiday and a healthy and prosperous New Year!