An M&A Advisory Firm Delivering Discipline
and Precision
A FINRA-licensed M&A advisory firm delivering institutional-quality execution for companies and investors across the lower-middle market.
A Firm Built on Professionalism & Real Partnerships
Golden Circle was created to give lower middle market companies a clearer, more organised advisory experience. Since 2015, we’ve focused on bringing structure, transparency and steady guidance to complex transactions.
We prioritise preparation and communication, helping clients understand their options and move confidently through each stage of the process. Our approach is defined by measured decision-making, real market awareness and a long-term view of what success means for the owners and investors we serve.
Our Mission
Our mission is to empower lower middle market companies with thoughtful sell-side, capital raising, and buy-side advisory solutions, helping businesses unlock value and navigate critical growth and transition moments.
Andrew Nussbaum
Managing Director
Expertise Where It Matters Most
We specialize in advising companies, typically between $1–$20 million in EBITDA, with deep experience in consumer, industrial, residential services, business services and niche manufacturing sectors. Our advisory work spans three core areas:
Sell-Side Advisory
Competitive, well-structured processes designed to maximize valuation and fit.
Capital Raising
Equity and debt solutions tailored to each company’s growth or liquidity priorities.
Buy-Side Advisory
Strategic acquisition support, from sourcing through diligence and closing.
Across every engagement, clients experience:
Hands-on, responsive support from the deal team.
Strategy shaped around their priorities, not a template.
A regulated, credible investment banking process.
Insights informed by real market conversations and relationships.
Created to Bring True M&A Advisory to the Lower-Middle Market
From our origins in Traverse City, MI, in 2015, the firm has expanded into Tampa, FL, and Chicago, IL, added accomplished investment banking professionals and advised on transactions across the United States. Our growth reflects a simple principle: consistent execution and a client-first approach.
2015
Founded
Curtis Kuttnauer and Fred Manuel founded golden circle as an M&A advisory firm focused on doing smaller deals in the state of Michigan.
2015-2024
Growing
Focused on growing their network and doing deals with quality in Michigan. In 2024, Andrew joined the team and evolved Golden Circle into a lower middle market investment bank focused on M&A and Capital Raising for companies around the US and internationally.
2024-2025
Buyout
Golden Circle expanded, adding team members from top-tier institutions while closing deals nationwide. In 2025, Andrew Nussbaum and Charlie Spearing finalized the buyout of the original partners while adding additional team members.
2026
A New Look
In early 2026, we rebranded as Golden Circle Investment Bank, with team members in Traverse City, Chicago, and Florida, serving clients across the United States, and we aim to grow with high-quality people in the future.
Meet the Team Behind GC
Our professionals combine a wealth of experience across a diverse range of industries and business specialisms, including investment banking, private equity and operations – to name a few – giving clients a team with the technical ability and practical understanding required to navigate complex transactions.
Speak with an Investment Banking Professional
Whether you’re evaluating a sale, planning a capital raise, or exploring acquisitions, we’re here to discuss your objectives and help you understand the options ahead.