6 Comments
 

Don’t do small cap investment banking … if you’re going to go through all the pain of M&A at least do it for something relatively sizable … just my two cents

It would be like telling your friends you’re a professional football player but in reality you’re a ticket scalper (shoutout Daejon Love)

 

If it's RBC I think you should take JPM. Based on your post history the coverage group is FIG. JPM Small-cap does $100-500mn in EV; at WF or JEFF FIG you should have stronger deals than this. Getting grinded to the bone at RBC FIG for the same deal size as small-cap and a way worse brand name is not worth. Taking a teller job at chase honestly would be better than RBC FIG

 
Most Helpful

I think it really depends on the coverage team. RBC Industrials / PU&I / M&A would be worth taking over JPM Small-Cap. All of those groups consistently work on multi-billion dollar deals including at the very top of the market (co-lead advisor to TopBuild on its $17B sale to QXO, exclusive advisor to FBM on its $9B sale to Lowe's). Very strong PE exits other than MFs (although they happen) but those are out of reach at JPM SC anyways. 

Would not take Tech, HC, CME, Sponsors over JPM SC.

I don't know much about RE/FIG so can't comment there. 

 

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