Andrew Carolus

Managing Director

Investment Banking


Andrew Carolus is a managing director in Mesirow Financial’s Investment Banking group. He is responsible for developing key relationships, leading deal teams throughout the transaction process and providing advisory services on middle-market M&A assignments within the aerospace and defense and industrials sectors.

Andrew has more than 20 years of investment banking experience. Prior to joining Mesirow Financial in 2010, he worked in the Chicago offices of Credit Suisse and BMO Capital Markets with a focus on the aerospace, defense and diversified industrials sectors. Before that, he worked in the mergers and acquisitions group of UBS Investment Bank in New York.

Andrew has successfully advised on more than $5 billion in M&A transactions in the aerospace and defense sector. He serves family businesses, publicly traded corporations and private equity firms alike on recent transactions such as the:

  • Sale of Aviation Mobility, LLC to Smarte Carte, Inc.
  • Sale of EMTEQ, Inc. to B/E Aerospace, Inc.
  • Sale of Enviro Systems, Inc. to Zodiac Aerospace

Andrew is a member of the President's Council for The Museum of Science and Industry.

Andrew earned a BS in Engineering (Aerospace) and an MBA from the University of Michigan where he graduated with distinction. He holds FINRA Series 7, 63 and 79 licenses.

Andrew is a cyclist and an avid fly fisherman.