M&A at Big 4s in Europe

Hi everyone,

knowing tha large amount of pages written on Big 4s and M&A/corporate finance, I would like to know something more on their M&A practice specifically in Europe, given that from what I know those practices differ substuntially with respect to USA and Asia.

In particular:

a) is the daily activity of M&A consultants so largely different than the one of M&A bankers??

b) Is such activity truly enriching in terms of technical and personal competencies, in particular before 30 years old and/or as managers??

c) Can Big 4s's M&A experience represents a valid way to access to (i) M&A/corporate finance roles in investment banks (indefferently among large banks or boutique) and (ii) PE firms??

Thank you and pls consider those questions in Europe only!!!

2 Comments
 
Most Helpful

Only have experience in London but may be of some value: a) Corporate Finance at Big4 vs IB is only different with regards to i) No underwriting capabilities; ii) Smaller deal sizes; iii) leaner deal teams (i.e. 3-4 people per deal). The daily activities are otherwise similar. b) You may see less complex deals and smaller clients than larger banks, but the quality of development is still strong, particularly because the deal teams are so small. c) From my office (so may not be representative to all Big4's across Europe) I have seen: Big4 M&A -> BB/EB IBD, Big4 M&A -> Large Cap Corp Dev, Big4 M&A -> MM/UMM PE

 

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