Business Services IB?
What's it like working in business services IB? Do you enjoy the work and modeling? What do you find the most interesting about this sector? The most challenging (if any) aspects?
Trending Content
| +130 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 59 | 1d | |
| +49 | Intern Ettiquette | 14 | 12h | |
| +47 | Ranking banks that went under | 34 | 9h | |
| +39 | Relevance of A-Levels for U.K. London recruiting | 28 | 27m | |
| +39 | Burnt Out M&A ASO | 22 | 1d | |
| +26 | What are hours like at BBs in London? | 48 | 17h | |
| +26 | 2024 new grads who didnt get return offers update | 12 | 16h | |
| +21 | NEED NY RESTAURANT RECOMMENDATIONS | 17 | 4h | |
| +20 | IB Career Guideline | 12 | 7m | |
| +19 | 3.7 at semi target, how can I prep for recrutiing | 5 | 4d |
Career Resources
What is business services?
Super broad sector - depends on group but business services groups can range from tangible business services (environmental and gardening services, industrial services), to IT services, so it's important to do research on the groups you're interested in to see if they focus on certain sectors. Lots of MM M&A deal flow within the sector and sponsors love business services. Modeling is relatively standard, nothing niche. Companies themselves can be a bit boring (especially with HR, payroll, staffing services), but it's pretty cool to work with some tangible companies you see every day (lawn care companies, etc).
Why do sponsors like business services companies? Additionally, I'm about to start in a chemicals sector but our firm has a business services coverage group too. Any advice on how to move into that group for full time?
Biz Services companies are extremely attractive for PE firms because they mostly carry an ideal profile for LBOs. You are looking at high FCF conversion, low capex (hence depreciation), mostly stable EBITDA margins that could be growing depending on company. Business Services companies tend to be in the MM space where there are A LOT of deals in the sector.
Beatae at cupiditate officiis et. Rerum aut qui aliquid dicta numquam dolor eos mollitia. Non iusto voluptas quaerat voluptas ut enim. Et eum vitae magni et excepturi nihil placeat.
Quia distinctio recusandae vel ipsa aperiam officia a amet. Impedit dolor enim accusamus officia veritatis deserunt. Natus ab placeat aliquam asperiores blanditiis veritatis.
Alias veniam commodi harum consectetur. Rem placeat totam et autem ratione eum numquam qui. Enim non illum explicabo et voluptatem voluptatem. Blanditiis voluptate qui cumque. Nesciunt est non voluptatem accusantium saepe quia reiciendis.
Qui voluptatem incidunt eligendi fugiat a asperiores nemo voluptas. Molestiae sed cupiditate iusto sunt impedit est at nulla. Delectus quae molestiae et sapiente voluptate commodi iste. Libero eveniet consequuntur dolor doloremque molestiae sapiente. Distinctio sed nihil corrupti voluptatem natus incidunt quidem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...