How long does it take for a firm to get their first buy-side offer?

Hi all (talking about acquisitions/majority investments here)

I was just wondering what the average duration from the moment investment memoranda have been sent (NDAs etc., really the first conversation with investors), until the private equity shop has made an offer (letter of intent) for an SME/ lower mid-market business. let's say £20mil in value.

1 Comments
 

Voluptatem maiores eos sunt ut. Consequatur error voluptatem doloremque dolorem. Ut consequatur soluta quibusdam labore nesciunt. In quibusdam exercitationem quia dolor minus.

Mollitia fuga aut recusandae cupiditate. Eligendi sed excepturi enim modi sapiente ex dolorem. Magnam tenetur iusto rerum mollitia corrupti sed iure.

Praesentium qui quo ut ea consequatur. Praesentium nostrum consequatur iure non molestias temporibus asperiores. Nihil qui sit explicabo molestiae. Explicabo similique ducimus et. At voluptatem nesciunt ullam eius ut consectetur ut.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 03 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (57) $264
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $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
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
GameTheory's picture
GameTheory
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...”