JPMorgan Chase (JPMC) has appointed Michael Flynn as head of small-cap investment banking, as the firm expands its offerings to smaller enterprises and corporate clients.

Flynn will head up the new business, which will focus on companies valued between $100 million and $500 million across business services, consumer and retail, and diversified industries.

He joins from G2 Capital Advisors, where he worked for two years as managing director for industrials and manufacturing investment banking.

Prior to this, Flynn spent five years as managing director for corporate finance and M&A at Capital One, and has decades of experience in investment management across other firms including Entia Ventures, Bank of America Merrill Lynch, and Fidelity.

In a post on LinkedIn, Flynn said he was excited to start in the role.

“More than ever, middle market companies and founders/owners are seeking out investment banking solutions to support everything from executing succession plans and scaling their business to raising capital and more,” he said.

“We are proud to launch this effort that is wholly focused on helping smaller companies access the resources, expertise, and solutions they need to thrive.”

The Wall Street Journal (WSJ) reported that JPMC will initially seek to allocate 75 staff to the small-cap business, including Arash Farin, formerly managing ​director ⁠at Centerstone Capital, and Jamie Eastham, who previously worked in JPMC’s strategic financing business.

Staff will operate from JPMC sites in Atlanta, Chicago, Dallas, Los Angeles and New York.

JPMC already has a mid-cap business, which focuses on companies with valuations ranging from $500 million to $2 billion, and has been expanding these offerings throughout the EMEA region in the past year. The WSJ said 400 employees work for the business citing John Richert, head of mid-cap investment banking and global head of business services at JPMC.

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