The right advice.
At the moments that matter.

XMS advises founders, CEOs and boards through consequential decisions—bringing rigorous thinking, senior accountability and the conviction to say what needs to be said.

Talk with a senior banker ↗Discover Involvement Banking® →

ChicagoLondonMiamiView selected work ↓

Selected advisoryLive record

Exact Sciencessale toAbbott$23.0B Exact Sciencesexchange + private placement$621M Wiseteksale toIron Mountain

Involvement Banking®

01 / The difference

A banker can run a process.
An advisor changes the decision.

We get close to the business, the people and the stakes. We follow the math, challenge easy answers and remain accountable from the first conversation through the outcome.

Why XMS works differently ↗

Career transaction experience$250B+Across senior professionals

Established2006Built around long-term advice

Global perspective03Chicago · London · Miami

What we do

02 / Capabilities

Decision first.
Product second.

Advice designed around the objective—not a balance sheet, inventory or product quota.

Explore all capabilities ↗

M&A + Strategic Advisory

Bespoke advice for transactions and strategic decisions where the answer is rarely obvious.

Sell-side advisory · Buy-side advisory · Special committees↗02

Corporate Finance Advisory

Independent analysis across the balance sheet, capital allocation and shareholder priorities.

Capital structure · Capital allocation · Credit advisory↗03

Capital Markets Advisory

Experienced, independent guidance across public and private sources of capital.

Equity offerings · Convertible securities · Private placements↗04

Restructuring

Clear-eyed advice through distressed situations, complex negotiations and critical inflection points.

Company-creditor negotiations · Liability management · Exchange offers↗

01Healthcare, Life Sciences & Technology02Diversified Industrials03Digital Assets & Infrastructure04FinTech & Financial Services05Business Services06Consumer07Software & Technology

How we show up

The work behind
the answer.

Good advice is rarely a single insight. It is the discipline to keep testing the answer until it holds up in the room.

Frame the real decision

We get underneath the stated question—aligning the boardroom, the numbers and the stakeholder reality before a process begins.

Stress-test every path

We challenge assumptions, compare alternatives and surface the second-order consequences that can change an outcome.

Stay through the finish

The senior bankers in the first meeting remain accountable for the advice, negotiation and execution.

Proof of involvement

One relationship.
Sixteen years of decisions.

XMS partnered with Exact Sciences from 2009, advising on every major M&A and financing decision as the company grew from approximately $20 million to $23 billion in enterprise value.

Explore the record ↗

2009$20M

Beginning of the relationship

Trusted advice, transaction after transaction

2025$23B

Acquisition by Abbott

Selected transactions

03 / The work