Can someone tell me more about this firm?
Have heard it's a TINY (~60 person firm)... That's insane when you think of Evercore having ~2,000 people. I've done a fair amount of research and see they recently led the Slack sale to Salesforce, worked on LinkedIN sale to Microsoft, the sale of Ebay...
I have a friend of a friend's brother who used to work with someone there and had mentioned comp clearing $200k first year as an analyst...
How does this tiny firm run such major deals... From what I've seen on linkedin, even people from GS TMT choose to jump to Qatalyst. I'd imagine exit ops, comp are top of the line. Any idea on the culture there?
It's a really great shop (arguably the best place to be if you're interested in tech M&A). Runs very lean, consistently wins the highest profile m&a mandates, analysts get a great experience (VC exits in particular are top notch).
I have heard the interview process is extraordinarily long, technical, and difficult though and you need to know the tech industry inside and out to win an offer.
Everyone has said it, and their tombstones speak for themselves. Comp is very high, teams are lean, and benefits generally are good (expensing and reimbursing, etc.). Exits are mostly into venture / growth, which is an artifact of their culture and the type of people analysts generally are vs. ability to place elsewhere. I know this year around analysts are going to SLP, HF’s, and top VC/GE.
For tech, the only firm that really compares in deal flow and consistent transaction significance is GS TMT (MS Menlo is a leader in IPOs/DLs, but less M&A volume). Other tech groups do well also and have growing momentum (JPM, BofA, Lazard) but imo no one but Goldman works on deals as large or high profile so consistently.
Edit: MS Menlo deserves more credit, and is top-tier w/GS & Q. BofA's recent exodus has really pulled the rug out from under them, so I'd expect to see other Boutiques start to encroach on some deals. Time will tell if they can penetrate the Q/GS/MS tier.
It's really not "absolutely crazy"... I know who you're talking about and not everyone wants to start their career at a large firm. There are other factors to consider other than perceived prestige
Don't waste your time on such a small boutique. Maybe it would make sense to lateral here
lmao - if Qatalyst offers you a job, you drop whatever you're doing and take it.