Lincoln International - Reputation
I'm curious to hear thoughts on the firm. I've come across a few older threads, but I was wondering what the 2023 sentiment is on Lincoln; specifically comp, reputation on the street (relative to other MMs), and the best groups within Lincoln. I have heard that it's a fast-growing firm, but any additional details would be greatly appreciated. Thanks!
Is Lincoln a foot in the door to EB/BB for ft recruiting or lateral move later as an analyst. Wondering if anyone could shed light on this
Best group would be industrials. Objectively strong and fairly-positive culture, strong A2A promotion. First few years as an analyst will have no modeling experience though, from what I’ve heard from both the firm and other sources. Modeling experience will be for associates and up, but I’m sure there are exceptions. Solid MM bank overall.
Have an offer there but really want to lateral to EB/BB down the line. Would that be possible?
Yes, would be a good school and set you up decently for BB lateral recruiting, but would need to you use downtime to learn more technical/financial aspects of the job since junior years there are quite process and ppt heavy compared to other MMs/boutiques
Would caveat others that while the default role for analysts is more process-oriented, if you are good and can prove your technical abilities you will get the appropriate responsibilities to be involved in modeling and other analyses. It's not as binary as some people make it out to be on this site
Have an offer with Lincoln but I am more interested in C&R. Does anyone know about the Lincoln C&R team and whether or not that would be a good group to join as a FY analyst?
Thanks.
Consumer can be pretty sweaty at Lincoln, and isn’t regarded as well as their other groups (Industrials, TMT, Healthcare).
Consumer culture varies significantly office by office. Would definitely look into the different cultures across Chicago, LA and NYC to see what you like best
Lincoln is extremely sweaty but has a good culture. The issue is they run much too lean for their deal flow. Look at any US M&A league table based of # of deals and they'll usually be in the top 5-10. The problem is the $ per deal is low. That said, I enjoyed my time there. Overall a good place to get a ton of a deal reps. Group dependent, but you could expect to close around 2-3 deals a year. I have friends at other banks who didn't close a single deal in their entire two year analyst stint.