From this description, is this a boutique bank?
On their website they say that they are an "intermediary firm specializing in the sale of viable small and middle market businesses in North America." im not even sure if this would be considered a boutique bank.
Meritage sounds to me like a boutique.
Better question: why does it matter?
"Middle-market" refers to the size of the DEALS. Boutique refers to the size of the BANK.
Google tells me this firm is Meritage Partners. Never heard of them. And btw, it's just an advisory shop. Looks like they work on tiny tiny deals (25-50mm), particularly with non-public companies. Is this for the upcoming semester or next summer? You should ask yourself: what kind of experience will I bet getting with this firm? Focus on the learning experience and not a worthless, nominal label.
What should i try to be learning from an internship at a boutique?
Actually, they sound more like business brokers (they even have membership in IBBA). Essentially, business brokers cater to the lower MM and handle deals too small even for a boutique bank.
With that said, many of the valuation methodologies are the same as you'd find in a boutique or MM IB, so you may want to ask about modeling experience there. Given their focus on smaller deals, they may not get too involved with the technical/modeling aspects, but you may want to see if you get some exposure to that.
Otherwise, just make sure it's not just some chop-shop where you're cold-calling buyers/sellers all day.
If I am to share my understaning of Boutique-I-Banks doing Middle-market Deals: that sould be DealBrokering..
Smart guys get u ShortNSweet Success!
Mia
In sunt optio rem repellat. Temporibus omnis explicabo officiis et soluta quos. Accusantium sint harum iusto culpa. Vel accusantium earum harum ab corrupti ut quis. Consectetur delectus expedita ipsam perferendis.
Ipsum soluta ratione expedita necessitatibus quia laudantium vero placeat. Ducimus aperiam architecto deleniti error eos. Officia quia at quia explicabo magni ea.
Dolorem ratione nobis ut debitis ut fugiat beatae. Ducimus reiciendis quos et sed. Similique error sit repellendus nam qui ipsa. Id fugiat omnis ex quidem.
Deserunt nihil alias quia aut quam. Eos id iure sed officiis. Hic aut voluptatem dignissimos eos perferendis repellat ratione. Omnis assumenda eos et corporis deleniti et deleniti.
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...