Andy Thelen


Investment Banking

Andy ThelenCorporate Finance Associates (CFA) is a FINRA licensed full-service Investment Bank serving
middle market companies for over 65 years. CFA is an international investment bank with 18
U.S. offices and 14 overseas offices. CFA has been advocating on behalf of business owners
who are restructuring a company, either through divestiture, merger, acquisition, or
recapitalization. Combining the knowledge and leverage of a larger bank with the customer-
focused detail of a boutique firm, from inception to completion, our senior principals provide
hands-on expertise to clients buying, selling, or recapitalizing a business.
In the Minneapolis office we focus on Sell side and Buy side M & A. Our specialty is selling
private companies to strategic and financial buyers.


Areas of Focus

Sell Side FINRA licensed work

Buy Side FINRA licensed work

Worldwide offices and buyer reach

Areas of focus

World class research

We represent private company owners

All Minneapolis bankers have owned, run and sold their own company


Managing Director: Corporate Finance Associates 


Series 79 and 63


B.S. Finance University of Minnesota Carlson School of Business

M.B.A. Marketing Management University of Minnesota Carlson School of Business

 After completing his MBA in finance and marketing, Andy began his career in sales and marketing with a printing and manufacturing business. He quickly became the top sales producer and was promoted into a sales management role. In 2000, after extensive networking with attorneys, bankers and accountants, he acquired his first company. he grew the business organically and through several acquisitions. He landed several fortune 500 customers like Target Corporation, Best Buy Corporation and Kohler Companies and ultimately sold this company after increasing revenue and net income ten-fold.

In addition to his operating company background, Andy also has experience in developing and owning real estate. He has designed, financed and built projects from the ground up, as well as acquired and sold multiple existing properties. From 1990-1999 he was an early innovator in the Assisted Living field, owning and operating facilities in Southern Minnesota and in the Twin Cities metro area. Andy grew that business and ultimately sold the operating company and real estate to a national group.

As a life-long entrepreneur, Andy brings a wealth of information and experience to the CFA Minneapolis team. He understands the highs and lows of running, growing and selling a business and works with clients through the sometimes-daunting selling process. He finds it incredibly rewarding when client goals are met or exceeded and strive to achieve this end on every transaction.