MidStreet vs Raincatcher

Side by Side

Attribute	MidStreet	Raincatcher
What It Is	A North Carolina and Southeast lower-middle-market business broker and M&A advisor, 20-plus years and 400-plus closed deals, selling companies in the $1M to $25M revenue range, with a widely-read library explaining how the sell side actually works.	National sell-side brokerage and M&A advisory for businesses from roughly $3M to $100M of revenue, with a brokerage arm for companies under $2M of earnings, plus buy-side advisory and valuations.
Category	Business Brokers & M&A Advisors	Business Brokers & M&A Advisors
Pricing Model	Success Fee	Success Fee
What It Costs	Sell-side representation on a Double Lehman success fee (10% of the first $1M, then 8%, 6%, 4%, and 2% above $5M), paid at close with no large upfront retainer or listing fee. Its educational content is free.	Success-fee model; rates and minimums are not published and require a consultation. Third-party figures circulate, but they are not primary-sourced and we do not repeat them.
Best For	Buyers hunting Southeast lower-middle-market deals, and any searcher who wants to understand the seller's side from a broker that publishes its process	Owners preparing a sale in the $3M-plus revenue range who want a national process; buyers meet them through their openly published listings
Where It Fits	Define & Test Your Thesis, Source & Screen Deals	Source & Screen Deals
Our Verdict	Worth a bookmark for its sell-side education whatever your geography, and a real option for finding or selling a Southeast lower-middle-market business.	A credible national option to interview alongside a local CBI; make them state the fee and the minimum in the first call.
Pros	Twenty-plus years and 400-plus closed transactions in the $1M to $25M revenue range, so it knows the lower-middle-market Southeast deal A large, genuinely useful free library of articles and videos on how the sell side prices, packages, and runs a process, which is buyer intelligence too A transparent Double Lehman fee with no big upfront retainer, so its incentives sit with closing	Publishes its active listings openly, which many national shops do not, so buyers can work the book directly Team mixes former owners, public accountants, and middle-market bankers rather than pure salespeople Offers both a broker opinion of value and certified valuations, useful before committing to a process
Cons	Regional: it works the Carolinas and the Southeast, so a buyer outside that footprint uses it for its content more than its listings It represents sellers, not buyers, so on a live deal its duty is to the other side of the table Deal flow is limited to what it has listed at any moment, a fraction of a national marketplace's	Fees are consultation-gated: a seller cannot compare their cost against a local broker without getting on the phone Success-rate and award claims are self-reported or drawn from lists with their own commercial interests; treat them as marketing Sell-side first: a buyer in their process is the counterparty, not the client

Our take

Choose MidStreet if you are working the Carolinas and the Southeast, or if you want the seller's side explained: its free library is the most useful thing here for a buyer, since the firm represents sellers rather than you.

Choose Raincatcher for a national book you can work directly, because it publishes its active listings openly where many national shops do not, and expect to get on the phone before you learn what a seller pays.

Put It to Work

Whichever side wins for you, Broker Introduction template the first email that gets you the early look.