Mergers and Inquisitions

NOVEMBER 22, 2023

As of 2024, I consider the following to be the list of bulge bracket banks (note that the “potential” category is speculative and could include other, similar firms beyond the 5 currently listed there): Sources: The list above is based on deal volume and fee data from Dealogic , the Financial Times , and Statista over the past few years.

Bulge Bracket

Mergers and Inquisitions

FEBRUARY 2, 2022

But the true inflation rate is likely at 10-20%, and global investment banking fees were up by even higher percentages! What Happened to Investment Banking Fees? After an initial slowdown when the pandemic first struck in early 2020, banks have generated record-high fees from M&A and capital markets deals.

Investment

Mergers and Inquisitions

APRIL 19, 2023

Metals & mining investment banking used to be a “sleepy” group. But let’s forget about the children temporarily and focus on the verticals, the drivers, deal examples, and the exit opportunities if you escape from the underground mines: What Is Metals & Mining Investment Banking?

Investment Banking

Mergers and Inquisitions

NOVEMBER 1, 2023

Before delving into these nuances, we should take a step back and define the sector: Definitions: What is a Healthcare Private Equity Firm? This definition excludes life sciences and biopharmaceutical companies because they differ greatly from service and device companies. That said, there is far more healthcare PE activity in the U.S.

Private Equity

Mergers and Inquisitions

JULY 31, 2024

The Top Industrials Private Equity Firms Mega-Funds and “Large” Private Equity Firms Upper-Middle-Market (UMM) and Middle-Market (MM) Firms Special Situations, Stressed, and Distressed Firms Newer / Smaller PE Firms with Some Industrials Focus How Do Industrials Private Equity Deals Work?

Private Equity

TM Capital

NOVEMBER 29, 2022

“It’s definitely a popular space right now.” Early-Inning Valuations “There’s been a change in people’s perspective around how they’re categorizing these types of businesses,” said Jarrad Zalkin, managing director at investment bank TM Capital.

Capital

Focus Investment Banking

MAY 22, 2025

insurance market, the question arises: what separates an average agency from a truly valuable insurance brokerage? From FOCUS Investment Bankings experience in the market, certain traits consistently define high-performing, resilient firms traits that not only command premium valuations but also position sellers for successful transitions.

Broker

Mergers and Inquisitions

MAY 15, 2024

Private Equity Value Creation Definition: The PE value creation team, also known as the operations, portfolio operations, or portfolio resources team, aims to make private equity firms’ portfolio companies more valuable by improving their revenue and profit margins. Why is PE Value Creation Suddenly “Hot”? Well… don’t get your hopes up.

Private Equity

Mergers and Inquisitions

MAY 17, 2023

And just as tech and TMT investment banking have become the most desirable groups on the sell-side, tech private equity has reached a similar status on the buy-side. This definition includes both traditional private equity (buyouts and control stakes) and growth equity (minority stakes) because many “tech PE firms” do both.

Private Equity

Mergers and Inquisitions

APRIL 24, 2024

But then recruiting moved up, the MBA process became more structured, and now we have 4-year-olds aiming for “Target Kindergartens” so they can eventually get into investment banking ~15 years in the future. Interestingly, there are not many investment banks on these lists. How Do You Leverage Pre-MBA Internships?

IT

Focus Investment Banking

APRIL 17, 2024

However, FOCUS continues to see opportunities for middle market CSPs. Furthermore, it is often the middle market CSPs that point the direction for the future of the industry. FOCUS is proud of its commitment to the CSP sector and we are excited about the prospects for middle market companies in this space.

Middle Market

Mergers and Inquisitions

MARCH 13, 2024

Growth Equity Definition: In traditional growth equity, firms invest minority stakes in companies with proven business models that need the capital to expand; some firms also use “growth buyout” strategies, which are like traditional leveraged buyouts but with higher growth potential. You could keep going and add plenty of names.

Private Equity

Focus Investment Banking

APRIL 11, 2024

Sub Sector Definitions Distributors and Logistics Services: This sub sector includes companies that distribute communications-related products or that provide repair, refurbish and other supply chain management solutions.

Business

Periculum Capital

NOVEMBER 15, 2022

About Periculum Capital Company, LLC Periculum is a leading investment and merchant banking firm serving the corporate finance needs of middle market companies. AGG provides industry knowledge, attention to detail, transparency, and value to help businesses and individuals achieve their definition of success.

Sale

Mergers and Inquisitions

APRIL 5, 2023

I’ll address all these points here and cover the advantages and disadvantages of SWFs, but let’s start with the definitions and overview: What Are Sovereign Wealth Funds? So, expect something in-line with pay at middle-market firms , such as $200 – $250K rather than $300K+ total.

Recruitment

What's Market

OCTOBER 11, 2022

Introduction In private company M&A transactions, the indemnification provisions of a definitive purchase agreement—whether asset purchase agreement, stock purchase agreement, or merger agreement—stand out in importance for both buyers and sellers. investment banking, accounting, and legal fees.

M&A

Mergers and Inquisitions

JULY 3, 2024

based candidates in New York aiming for PE roles at mega-funds and upper-middle-market funds. If you want to participate, you must start preparing after you win a return offer from your investment banking internship because PE firms could move up the timeline even earlier. interview and hire candidates ~1.5 – 2.0+

Recruitment

Focus Investment Banking

MAY 3, 2024

Axial is a private deal network that covers the lower middle market in the United States and Canada. Full disclosure, my firm FOCUS Investment Banking was just ranked No. 1 in Axial’s Top 25 Investment Banks for 2023 list.) It’s first interesting to see who the buyers in the lower middle market are.

M&A

Mergers and Inquisitions

MAY 28, 2025

Private credit has exploded since the 2008 financial crisis, as new regulations and capital requirements drove many large banks away from their lending activities for middle-market companies. Groups such as corporate banking , commercial banking, fixed income research , and credit rating agencies are in the maybe category.

Capital Market

Mergers and Inquisitions

MARCH 19, 2025

We covered these points and the main verticals in the consumer retail investment banking article. Other than that, the articles about middle-market private equity , private equity mega-funds , and growth equity are the most relevant ones because they describe the careers and advancement processes.

Private Equity