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But for small to medium-sized businesses SMBs there is more than meets the eye when it comes to the impact from COVID-19 on MA interest. Some advisors say its the best MA. Bullish Baby Boomers Help Fuel Red Hot Small Business M A Market While many small businesses owned by baby boomers were badly affected by the epidemic there is also a large group of boomer businesses that have used the epidemic and record low interest rates as an opportunity to expand. Small business m&a . During such situation MA takes place which helps the drowning company to come back with new strategies and policies. The fact is that the average MA firm did zero to one deal last year. MA advisors bridge the transaction market gap between the smaller businesses that are sold by business brokers typically less than 2 million transaction value or less than 1 million in EBITDA and medium to larger size businesses that are clearly led by investment bankers where the deal size is greater than 100 million or EBI