BDSA: Experts in assisting privately held, middle-market companies with mergers and acquisitions.

Represents Sellers Exclusively
Bruce D. Schulman & Associates (BDSA) is a Chicago-based investment banking firm specializing in assisting privately held, middle-market companies with mergers and acquisitions. BDSA exclusively represents owners of private companies seeking a sale or merger. To avoid conflicts of interest, we do not represent buyers. Our clients are located throughout the United States and are engaged in a variety of industries.

Focuses on Privately Held Companies
BDSA believes that small businesses, which represent approximately one-half of the gross national product of the United States, are the backbone of America. Historically, companies of this size have not had access to the same high level of investment banking services as larger companies. We founded Bruce D. Schulman & Associates to rectify this inequity.

Provides Global Exposure
We provide each client with the highest level of expertise, the strictest standards of integrity and confidentiality and the resources needed to sell any type of company. Using its own extensive marketing network that provides global access to buyers, BDSA creates worldwide exposure for our clients. Our firm is committed to closing every single transaction.

Creates Competition Among Buyers
Business disruptions are minimized because the owner continues to operate the company while BDSA sells it. The goal is to generate the highest value for the company by developing a competitive market among the buyers or investors in order to produce four or five varied and viable offers.


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"To complete a transaction in these turbulent times requires hands-on, personal attention from skilled professionals. I am personally involved in every transaction from start to finish using over thirty-five years of experience to assist owners of privately held businesses sell their companies."

Bruce D. Schulman
Founder & President

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