Coverage Groups that don't model
Of the BB/EBs, which have Tech / coverage groups that usually rely on the M&A team to run the model?
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BofA Palo Alto “outsources” the model for most M&A deals (had a few smaller deals where model was done by coverage). Will say that coverage is still very involved on the execution of the deals.
CS
Idk why the MS, if we are going off of OP’s question about tech groups, CS NYC Tech doesn’t really touch the model
Deleting cause I was wrong :)
Wrong - CS sponsors models.
Obviously CS sponsors models. Wtf do you think they do covering Apollo and not doing any math
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