Evercore in London is generally considered strong but not as dominant as it is in the U.S. Based on the most helpful WSO content:
Strength and Deal Flow: Evercore is much stronger in the U.S. compared to London. In London, Rothschild is often seen as more established and stronger in terms of deal flow and reputation. However, Evercore is still regarded as a top-tier EB in London, alongside firms like Centerview and PJT.
Culture: The culture at Evercore is often described as academic and fairly laid-back, similar to other elite boutiques. However, there are mixed reviews about the culture, with some comments suggesting that the firm is expanding and becoming more like a bulge bracket, which might dilute the boutique experience.
Deal Size: While Evercore has a strong global platform, its deal flow in London is not as robust as Rothschild's. It is still involved in high-profile M&A transactions, but the average deal size and volume may not match the top players in the London market.
Pay and Exits: Pay at Evercore is competitive, and exits are generally strong. However, some recent feedback suggests that the quality of interns and analysts has declined slightly due to expansion, which might impact exit opportunities.
In summary, Evercore London is a solid choice, but it may not have the same prestige or deal flow as Rothschild in the region. It remains a strong player for those looking for a boutique experience with good pay and exit opportunities.
have been building out europe past 10-15 years. culminating in the robey acquisition last year. there is strong deal flow in most teams except industrials, consumer (they just poached a rothschild partner to strengthen this team). The sweet spot across teams tends to be £400-600m (upper mid-market). But most teams will do at least one billion / multi-billion transaction each year. more common in teams like FIG, infrastructure, telecom, chemicals, technology. with the robey team, they will be working on very sizable deals. exits have been pretty good since 2021. all of the large funds except warburg and kkr have been represented. overall decent platform with a few gaps. To put it simply, it has Goldman quality 50% and then a Lazard/Jefferies quality the other 50%.
Strong player, although not as strong as its US counterpart, mostly does MM/UMM deals (€600-800m) so competes with the likes of Rothschild in this space.
Trend is looking to do larger deals as Weinberg looks to continue to bolster the franchise, would place them below the US BBs (based on average deal value and deal flow, as EVR doesn't do €1.5bn+ transactions consistently yet unlike the likes of GS, MS etc) but trending upwards.
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Evercore in London is generally considered strong but not as dominant as it is in the U.S. Based on the most helpful WSO content:
Strength and Deal Flow: Evercore is much stronger in the U.S. compared to London. In London, Rothschild is often seen as more established and stronger in terms of deal flow and reputation. However, Evercore is still regarded as a top-tier EB in London, alongside firms like Centerview and PJT.
Culture: The culture at Evercore is often described as academic and fairly laid-back, similar to other elite boutiques. However, there are mixed reviews about the culture, with some comments suggesting that the firm is expanding and becoming more like a bulge bracket, which might dilute the boutique experience.
Deal Size: While Evercore has a strong global platform, its deal flow in London is not as robust as Rothschild's. It is still involved in high-profile M&A transactions, but the average deal size and volume may not match the top players in the London market.
Pay and Exits: Pay at Evercore is competitive, and exits are generally strong. However, some recent feedback suggests that the quality of interns and analysts has declined slightly due to expansion, which might impact exit opportunities.
In summary, Evercore London is a solid choice, but it may not have the same prestige or deal flow as Rothschild in the region. It remains a strong player for those looking for a boutique experience with good pay and exit opportunities.
Sources: State of the Houston IB Scene - 2022, How is PJT London?, Strength of EBs in London, Evercore v.s. Lazard v.s. PJT Partners, Allen & Co. - An In-Depth Review
have been building out europe past 10-15 years. culminating in the robey acquisition last year. there is strong deal flow in most teams except industrials, consumer (they just poached a rothschild partner to strengthen this team). The sweet spot across teams tends to be £400-600m (upper mid-market). But most teams will do at least one billion / multi-billion transaction each year. more common in teams like FIG, infrastructure, telecom, chemicals, technology. with the robey team, they will be working on very sizable deals. exits have been pretty good since 2021. all of the large funds except warburg and kkr have been represented. overall decent platform with a few gaps. To put it simply, it has Goldman quality 50% and then a Lazard/Jefferies quality the other 50%.
Strong player, although not as strong as its US counterpart, mostly does MM/UMM deals (€600-800m) so competes with the likes of Rothschild in this space.
Trend is looking to do larger deals as Weinberg looks to continue to bolster the franchise, would place them below the US BBs (based on average deal value and deal flow, as EVR doesn't do €1.5bn+ transactions consistently yet unlike the likes of GS, MS etc) but trending upwards.
Industrials a bad team?
Bump
Are you saying the juniors joining are weak candidates?
On what grounds? Flow? Culture?
Deal flow is strong but it is super sweaty as well
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