How To Value A Boutique Investment Bank?

Let's say we want to acquire another M&A boutique to grow, how do you come up with a proper valuation? What are the multiples to value such a company?

Thanks in advance for your help.

5,993 WSO Academy Investment Banking Session Reviews: 4.82/5

Class of '22 Sep 2026 Cohort

5.00/5

Investment Banking Mock Interview

“Jorge was an excellent interviewer who asked really insightful Qs and helped me pressure test my answers whilst asking me more non-typical questions that helped me think about the move on a deeper level. Was also clear in the technicals being the sticking point and that I should pivot focus to this rather than over practiciging technicals.”

State University of New York at Oswego

Class of '21 Sep 2026 Cohort

5.00/5

Investment Banking LinkedIn Review

“He was really thorough and really gave me honest and transparent feedback. He allowed me to understand the need and importance of streamlining my linkedin profile to maintain those signals from recruiters hiring and also gave me necessary career advice.”

See All 11,142 WSO Academy Reviews

1 Comments

Rover-S

PE

7y

Most Helpful

Repellendus molestias est reiciendis reiciendis. Facere velit itaque numquam eos et quia quia. Quaerat ipsam velit officiis ut molestiae.

Ipsa magni et expedita quia aliquid sunt ipsum. Id et porro tempore nemo et. Ipsum ut reiciendis placeat aut dolor quaerat error. Tempore ut autem voluptate quia non consequatur aperiam.

Odit nemo fuga minima eligendi non. Laborum neque ullam omnis dolore magni beatae sed. Temporibus dignissimos incidunt dolorem.

Sit ut beatae aut nemo nulla dicta molestiae. Voluptatem est id ad sunt accusantium dolores fugiat. Sit corporis ut facilis accusantium libero. Voluptatem ducimus ipsum veritatis in. Reprehenderit quia aspernatur dignissimos temporibus necessitatibus soluta dignissimos unde.

Reply

Quote

Report

Other

Authored by: Certified Private Equity Professional - DirectorCertified Private Equity Pro

Trending Content - Investment Banking Forum

+146	UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC	44	4h
+63	PWP acquisition by Piper cancelled	25	2h
+43	No return offer - UPDATE.	11	1d
+31	Evercore poaches Baird DC Defense Team	24	18h
+26	Article: UBS Wall Street Rebuild Is a Study in Management Failure	5	2h
+25	Is my MD a grifter? 16 years, 8 firms	13	15h
+22	Best Houston Banks for Culture in 2026	17	13h
+21	Lack of talent in IB!	19	1d
+21	Internal lateral from coverage to M&A (focused on coverage)	6	5h
+16	Discussion Transaction Experience in Lateral Interviews	4	19h

Career Resources

1	redever	99.2
2	kanon	99.0
3	Secyh62	99.0
4	BankonBanking	99.0
5	dosk17	98.9
6	GameTheory	98.9
7	DrApeman	98.9
8	Betsy Massar	98.9
9	CompBanker	98.9
10	numi	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

How To Value A Boutique Investment Bank?

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

How To Value A Boutique Investment Bank?

See All Comments - 100% Free

Trending Content - Investment Banking Forum