Business Services IBD / M&A: details?

My investment bank recently announced that they're starting a new M&A desk for the Business Services sector as they've hired a new MD for it and asked if anyone would be interesting in joining or supporting the MD.

I've actually wanted to change teams for a while so considering responding but I have no clue about Business Services and there is literally no information online or on WSO about it. I did a search for Business Services or Professional Services on WSO and nothing came up. It seems like a sector with very little public information.

Does anyone work in the sector or know anything about it? I'm interested in knowing things like:

1) type of companies they advise?

2) is it mainly public to public, public to private, or private to private? or a bit of everything?

3) is it mainly corporate M&A or mainly LBO / private equity activity in the sector?

4) deal flow, how active and hot is the space?

5) how is the financial modelling? is it very standard operating models, DCFs and LBOs or is the modelling unique to the sector? 

6) who are the top investment banks in the sector / M&A league table  

7) exit ops? 

8) any other general information about the sector

Thank you

4 Comments
 

I had peripheral involvement when I was in corporate banking, it’s a wide variety of companies think consulting, business process outsourcing (look up Genpact to get a better idea), recruiting (like Robert Half), some may include engineering firms like AECOM. It’s regular modeling, mix of corporate and PE M&A activity. I thought it was interesting.

 

Dolor omnis porro ea consequatur id. Aut ut veritatis iusto perspiciatis repellendus. Asperiores sed iste rerum animi.

Saepe sed corporis repudiandae expedita rerum aut numquam. Magnam unde dolorem dolorem omnis nisi. Quibusdam a eligendi occaecati atque corporis fugiat.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.3%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.4%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.3%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.4%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.3%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
bolo up's picture
bolo up
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”