How many deals did you see close as an analyst?

I don’t see how this is going to be of any value add to you in particular, but if you’re worried, it’s all about the luck of the staffing draw in a lot of cases. do good work and you’ll be able to close a deal or even 2 but honestly I’ve seen many analysts go through 2 years never having closed a single M&A deal. maybe an IPO and definitely a debt financing of some sort but it’s really just a bit of chance.

for PE recruiting people make deals (haven’t closed yet) up all the time. you sort of have to nowadays.

Authored by: Certified Hedge Fund Professional - Research AnalystCertified Hedge Fund Pro

George_Banker

Five M&A deals (four buyside 1 sellside), 3 IPOs (two lead left), 10+ high yield deals (F-ing bank books) and maybe had to do some work on 2 IG deals. Oh and we did some little pre-IPO private placement. And a huge convertible to finance one of the M&A deals (biggest fee of my career).

BankCredit993

fucking stacked 2 year stint man. 4 fucking BUYSIDE M&A deals that actually closed and your client won the process, that’s insane.

Authored by: Certified Hedge Fund Professional - Research AnalystCertified Hedge Fund Pro

George_Banker

Three were sponsor deals, which also got us the underwriting mandate, which led to those HY bank books. One was a public buying a public...that led to the convert.

NuclearPenguins

Human

Most Helpful

Damn that is a really successful 2 year stint. What was the hit rate on successful vs. dead deals? Cause I really hope you didn't also have a billion dead deals.

Personally did 1 private placement, 1 joint private placement / debt deal, 3 M&A sell-sides (1 traditional M&A, 1 corporate carveout, 1 that turned into an asset portfolio sale), 1 convertible debt raise, 1 buyside on behalf of a large public + god knows how many broken deals in ~3 years.

Edit: To be perfectly clear, closed deals =/= success in recruiting / your worth as a junior banker. Completely luck of the draw and people understand as an analyst, it's not necessarily up to you. And even if deals fall apart, you can still learn a ton from them and put them on your resume in a way that shows your contributions in a positive light.

Authored by: Certified Private Equity Professional - 3rd+ Year AssociateCertified Private Equity Pro

George_Banker

Pretty good success rate. Had three very high profile potential deals that I worked on that ultimately fell apart. One fell apart and ultimately got done again a few years after I left, but unfortunately never closed due to regulatory issues. One fell apart in the diligence stage over some disagreement as to patent language and term. One was a hostile that was announced but ultimately a white knight came over the top and got the target. I have a pretty great experience.

I almost worked exclusively on live deals during my second year...no pitching, which was nice but insanely busy.

sdfsdfsd9090

Orangutan

3 M&A (two buy-side, one sell-side) and 1 IPO. It's completely random honestly. The transactions I spent the most time on all failed but I managed to announce some random transactions that just popped up out of nowhere and weren't that intense. I could easily have 0 or easily have 5

Analyst 1 in IB-M&A

Anonymous

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