MTS Health Partners SA 2021
I didn't see a forum for this so I figured I would start one.
Anyone apply to this firm or know what's going on regarding their 2021 SA timeline? Also, if anyone has any updated information on the firm in general - culture, deal flow, exit opps - that would be greatly appreciated!
Thanks in advance and good luck homies!
current summer associate at MTS. happy to answer any questions in a pm.
culture is awesome, everyone seems to really like each other and does things outside of work on a regular basis (pre covid and still). three divisions - services, life sciences, and royalties. people are making an effort to make the remote internship feel personal and everyone is enjoying it. regular engagement activities too
deal flow is super solid. all Interns are on live deals, including summer analysts. life sciences is always active and is popping off right now.
know that working here is only healthcare, so you have to be ok with that before starting. pay is street. exit ops are more untraditional from my understanding because it’s only healthcare. great reputation within healthcare industry so you can lateral to any role within healthcare. heard of people going to business development roles at biotech companies, healthcare PE and hedge funds, and top banks. only thing to note that they are largely restricted to healthcare so make sure you want to do it before starting
There are a few healthcare boutiques, but MTS does not really compete with them. MTS has a very strong reputation within the healthcare industry. What’s cool about MTS is that they are very relationship focused, so will do virtually any deal no matter the size. This has helped them land some $3.0 bn+ deals with companies that started off doing $10 million deals (check their website, you will see they do deals of all sizes). I’ll tell you what they told us on our first day - there will always be companies that automatically work with Goldman because they want to work with Goldman (they make up their minds before even considering other options), and no boutique can compete with that. However, if you could see the deals being worked on you’d see how first in class it really is
Competition is BB/EB healthcare groups, but MTS is very science focused and employs many PhDs. People at MTS talk the talk because it’s what they have studied for years, and this helps win a lot of deals. That’s not to say everyone has a healthcare background by any means but by the time you are one year in you will understand a lot more about the healthcare industry than the other EB and BB groups do .
MTS is truly an EB, it just does not have the same overall reputation because of its exclusive focus