M&A Advisor. M&A Advisors typically represent larger businesses than Business Brokers. They tend to represent businesses with $5M in revenue or more, and at least $1M in EBITDA (“Earnings Before Interest, Taxes, Depreciation, and Amortization”). Example businesses may include a $25M revenue manufacturing firm; a $15M revenue IT Consulting Firm; a $100M revenue food distribution business; a $1B+ revenue Defense Contractor.