A lot of the work I do as an intern at a boutique shop is looking up companies that could be potentially acquired for a client. I'm just at my computer all day googling shit. It's really annoying because these small companies do not publish any of their financial information so I'm not even sure why I'm doing this.
Is this common?
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I interned on the sell side at a small M&A boutique and most of my time was spent putting together buyer lists for clients. If you're doing buy side advisory I don't see why the inverse of what I did (what you're doing now) would be an uncommon practice. I would expect more engagements to be focused on diligence rather than sourcing but I wouldn't know either way.
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