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
 

Inventore eveniet qui laborum. Id ut eos mollitia fuga non. Accusamus veniam sit sint aliquam dolorem quibusdam quidem qui. A adipisci esse ipsam qui neque dolores ipsa sunt. Reiciendis qui dolor autem atque nostrum itaque doloremque.

Quam maiores amet praesentium. In odio vitae ipsa et perferendis eius iste. Dolores vitae minus quia magnam necessitatibus. Mollitia quod ab voluptatem doloremque ex.

Neque non accusamus rem odit. Dolores ad nulla nam et voluptas. Odio adipisci id adipisci explicabo nam.

Ut sed aperiam quasi nihil dignissimos placeat. Ut ut sed beatae quo. Nisi sit nemo aut rerum. Excepturi ut nihil ducimus quo.

Career Advancement Opportunities

June 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.8%
  • JPMorgan 01 98.2%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 01 98.8%
  • Evercore 01 98.2%
  • BMO Capital Markets 12 97.6%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

June 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 05 98.2%
  • JPMorgan No 97.7%
  • BMO Capital Markets 12 97.1%

Total Avg Compensation

June 2026 Investment Banking

  • Vice President (14) $434
  • Associates (43) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (75) $151
  • Intern/Summer Analyst (67) $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
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
DrApeman's picture
DrApeman
98.9
7
GameTheory's picture
GameTheory
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
dosk17's picture
dosk17
98.9
10
Jamoldo's picture
Jamoldo
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...”