Help! Looking for advice and tips on best practices and common tools (for my tiny IBD)
I currently work at what is probably best described as a fledgling.
- < 5 employees in the department (including myself)
- None of the employees have prior banking experience
- Decent middle-market deal flow
Can anyone just throw out some advice or tips for what we should be doing? That sounds terrible but I would honestly like to hear anything you are willing to share, even the most basic crap that you learned on the first day of your internship.
Some specifics that I would really like to hear outside input on if anyone has time:
- What goes in your pitch books (just a macro level rundown)?
- What types of do you use most frequently
- When do you use those models?
How do you approach a new deal? What did you read when you were starting out? What's some of the best advice you've heard from a co-worker? What are some things that you ALWAYS do as part of a deal (the most basic of the basics)?
This is a great learning opportunity and I really want to help our department grow and refine its practices and deliverables.
All of our work is with lower middle-market companies. We do sell-side and buy-side advising (market research, analysis, marketing, target identification, pitching, deal structuring) along with raising capital.