WSO: What is Sell-side M&A

[image](=) Hey {NAME}, Join the [Excel Master Bootcamp](=) on Nov 4, 2023, and learn skills and best practices that will boost your productivity and efficiency. -Patrick TOP DISCUSSIONS 1) [What Actually Happens in a Sell-Side M&A?]( - "An analyst who has done 2 full transactions is way more experienced than someone who has experienced just the diligence and marketing steps again and again. Along with this, banks usually don’t staff based on size of deal. So just because you are on a small deal doesn’t mean you are a bad analyst and bigger deals aren’t necessarily better. That said, as you progress, more senior people might request you for projects, so there’s an element of networking, past experience, and luck that impacts the transactions you get to work on." 2) [By Far Best Response to a Boutique Cold Email I've Gotten]() - "Lol I don't think anyone wants to work for someone who structures their sentences like an asshole just to sound more dramatic anyway. Guy is a schmuck and clearly does not get much respect from his peers, clients and counterparties if he's this fussed about a perceived lack of being put on a pedestal by a college kid in a cold email." 3) [Lambo for the Weekend](=) - "Impressed by the cutting-edge activity tracking that helped me tailor my follow-ups with potential buyers. The advanced Q&A functionality saved me a ton of time and hassle during the DD process. Permissioning tools were easy to use. Upload speeds were fast, and never experienced downtime. The best part was the supercar offer, which was a nice bonus." 4) [Do You Plan on Staying in the NYC Area Long Term?]( - "I won’t be the best benchmark because we make very good money. I can give some info but it’ll vary significantly depending on your lifestyle. A simple example is public vs private school or nanny vs daycare. The thing you have to remember is nyc has people of all incomes and so there are options for people who make less..." LAND YOUR DREAM INVESTMENT BANKING JOB [image]() Dreaming of Wall Street? Overwhelmed by interview questions? We’ve got your back. The [WSO Investment Banking Interview Bootcamp]() is the ultimate bootcamp to land that prestigious IB job. Led by a real banker, this bootcamp will give you access to a plethora of interview questions, video tutorials, and more. You’ll master technical and fit aspects of the interview, impress with your industry knowledge, problem-solving skills, and fit for the firm. You will also get access to the WSO Company Database and learn everything about your dream banks. Plus, ace networking with our questions, templates, and tutorials. Watch recorded mock interviews, Q&A’s and sample deals from real bankers. Learn from their experiences and avoid common mistakes. It's on Nov 11, 2023. But seats are limited. Enroll now and [get ready to crush your interviews.]() TOP DISCUSSIONS CONTINUED 5) [What are Ways You've Managed to Save Time while Working?]() - "Supremely underrated imo is templates and personal organization. I tanked 2 weekends where I had no assigned work, but just built templates and got organized and I’m convinced it not only gave me a better bonus, but I gained that time back before the end of my stint and in terms of knowledge..." 6) [I Did it Boys - Now How Do I Play this Hand?](=) - "I secured a MF PE offer a couple weeks ago after a roughly 5 year journey through various finance roles (non-target —> corpdev —> shitty valuation boutique—> top MM IB). I’m straight buzzin with this outcome after enduring the doldrums of off-cycle recruiting for the past 9 months, but the question now becomes: how do I play this hand?" 7) [What is the New - "Lets Start a Hedge Fund?"](=) - " Maybe everyone here is way more successful than I, and has a good track left in their analyst to PM path for as long as they can, but its clear that I am not going to be clipping meaningful $$$ on my current path, and will need to be a bit more entrepreneurial. I fear I no longer see many "places" for that in the finance sector (when my only skills are looking at stocks and selling myself/pitches)." 8) [What Type of MF Group Would You Want to be in for the Next 5-10 Years?]( - "If I were younger, I’d be going for one of the structured equity / credit funds. That will be the new big growth area in finance. They’re still finding their footing strategy wise, but once they will, it will be the next leg of growth in private investing. Think it will become increasingly attractive as LBO returns compress further and corporates look for more sophisticated solutions to deal with their capital structures." POLL OF THE WEEK [image]() WSO ALPHA - LATEST UPDATES We just uploaded the [September brokerage report]() for those of you curious how we did. HOT JOBS [PE Associate - Reston, VA]() - "The Firm is a growing middle-market private equity fund that currently manages over $700 million of committed capital across several fund vehicles. They focus on investments in high-quality, founder-owned companies where they take either control or minority stakes to support acquisitions, inactive shareholder liquidity, or various growth capital needs. They concentrate on B2B service companies, particularly those with strong tech enablement and diverse, recurring revenue streams." [Senior Business Development Executive - Dallas, TX]() - "This is a fantastic and rare opportunity for anyone looking for a Mid/Senior-level business development role within the Asset Management industry, with excellent potential for progression. You will be joining our Dallas office, working closely with the London and New York team. You will be responsible for identifying new opportunities, developing relationships with fund managers, and promoting the Firm. They offer a very competitive commission structure and candidates will have the opportunity to directly contribute to the Firm's growth." [Research Analyst (Value) - New York, NY](=) - "The Firm's Value Group is a team of highly collaborative investment professionals who possess high levels of personal initiative. Frequent communication and interaction among analysts and portfolio managers across different strategies is strongly encouraged and welcomed. This Analyst position will be responsible for covering the Asia & Australia/NZ industrials sector with an emphasis on 1) transportation infrastructure and 2) clean/green energy & decarbonization equipment manufacturers and/or service providers. The Analyst’s coverage will be most closely aligned with our Global Infrastructure and Carbon Solutions strategies." [Research Associate (Large Cap Growth Equity)]( - "The Firm is a global investment management firm with over $180bn in AUM spanning across a range of various equity and fixed-income investment strategies. This position will support the Large Cap Growth Equity research team and will be responsible for coverage of growth-oriented consumer, internet, and media companies." [Investment Associate - New York City, NY](=) - "The Firm is an early-stage venture capital firm that invests in the most elite early-stage technology companies in the world in the areas of enterprise infrastructure, cyber security, AI/ML, and deep technology. We believe that investing in the best, with the best, requires more than capital. As such, our firm specializes in adding asymmetric value to our founders primarily through catalyzing new customers and strategic partners for their businesses. To date, we have closed over $500mn in total contract value for our portfolio from customers ranging from government agencies to financial services and big tech companies...." [Strategic Finance - Washington, DC]() - "The Strategic Finance Analyst will be responsible for assisting with the company's short-term and long-term financial modeling and forecasting, cash liquidity management, and financial reporting to internal and external investor stakeholders. The analyst will provide financial consulting and support to leadership and will leverage systems and processes to drive accurate, reliable and insightful reporting of financial data." [Wall Street Oasis Finance Research Analyst Internship]( (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis]() @WALLSTREETOASIS TOP POST [image]() ON DECK - TRAINING All in Eastern Standard Time - Nov 4, 10am - 2pm - [Excel Master Bootcamp]()**** (Open Now) - Nov 11, 10am - 2pm - [Investment Banking Interview Bootcamp]()*** (Open Now) - Nov 18, 10am - 6pm - [Private Equity Interview Bootcamp](* (Open Now) - Dec 2-3, 10am - 6pm - [Financial Modeling & Valuation Bootcamp]()** (Open Now) - Dec 9, 10am - 6pm - [Private Equity Interview Bootcamp](* (Open Now) - Dec 16, 10am - 2pm - [Venture Capital Bootcamp]() (Open Now) - Dec 16, 10am - 2pm - [Investment Banking Interview Bootcamp](=)***(Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com]() WSO Mobile App: [iOS](=) | [Android](=) PS - We're also always looking to add [resume reviewers]() and [WSO Mentors]() to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](. PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! * Private Equity Interview Bootcamp includes lifetime access to the [Private Equity Interview Course]( ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package]() *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview Course]( **** Excel Master Bootcamps include lifetime access to the [Excel Modeling Course]() [Facebook]( [Twitter]( [LinkedIn]( [YouTube]( [Instagram]( [image](=) Don't want the WSO Weekly Wrap Up? [UNSUBSCRIBE HERE](=) [Unsubscribe]( from ALL WSO Emails IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States