I know that for PE recruiting, deals involving IPOs of early stage companies (like in biotech and tech) are fairly irrelevant, but how about a deal involving an IPO exit of a sponsor-owned company?
| +236 | Who Killed Wall Street | 65 | 2d |
| +194 | Worlds Worst MDs Competition (2026 Edition) | 45 | 3h |
| +137 | Only Indians cold emailing | 45 | 2h |
| +125 | Lindsay Clancy - Thoughts from A2 | 22 | 3d |
| +84 | UBS Healthcare | 38 | 2h |
| +51 | Shana tova - happy new year | 7 | 2h |
| +48 | NYC Wall Street Run Club | 13 | 11h |
| +48 | More diversity needed in the industry | 11 | 22h |
| +43 | EB (EVR/CVP/LAZ) vs MBB (Bain/BCG) | 22 | 5h |
| +36 | Did My Team Set Me Up to Miss VP? | 19 | 49m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Financings (ipos of sponsor backed companies included) are generally much less relevant to PE than M&A work
While math in PE is generally straight fwd, M&A math and general M&A due diligence are used much more often in day to day work
That being said, IPO work is still useful, and you can make the most of it by knowing the deal rationale (or at least exit rationale) inside and out for interview prep
If this is an IPO with a messy cap structure (eg common in VC backed deals), can also be a plus / applicable in many other settings. Unfortunately / obviously you have no control over this
Just me 2 cents, hope that helps
*Reposting as I am not sure if my original comment went through. If it did, apologies for duplicate --
Financings (ipos of sponsor backed companies included) are generally much less relevant to PE than M&A work
While math in PE is generally straight fwd, M&A math and general M&A due diligence are used much more often in day to day work
That being said, IPO work is still useful, and you can make the most of it by knowing the deal rationale (or at least exit rationale) inside and out for interview prep
If this is an IPO with a messy cap structure (eg common in VC backed deals), can also be a plus / applicable in many other settings. Unfortunately / obviously you have no control over this
Just me 2 cents, hope that helps
Curious as well. What if the IPO immediately followed a div recap (also worked on)?
Eius voluptatem quis est dicta ut. Voluptates eos voluptates doloribus nemo sit. Vitae dicta modi eum vel a eius nihil. Delectus sunt aut repellat voluptas vitae aut.
Doloremque et quod voluptatem omnis magnam quam et. Fugiat similique ea et ut similique eum animi quo. A consequatur a ut omnis ullam asperiores labore. Aut cum laboriosam dolor.
Autem consequatur voluptatibus dolor eum ab autem. Et nobis rem aut voluptatem iusto facere.
Accusamus et dolor qui eos velit vel. Sit consectetur illo voluptatum. Error et minima quia voluptatem quis cupiditate et aut. Qui sint odio sunt libero sed odio.
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...