I am a first year at a smaller boutique M&A shop. I was updating diligence requests today and one comment from someone involved was that the client received PPP money and therefore EBITDA will incrementally increase. I pushed back to no avail, can someone point this one out to me? My understanding is that payroll is still tracking through the P&L.
| +139 | UBS Catastrophic Q1-Q3 26, M&A -17%, Outside Top 10 in Americas, EMEA & APAC | 40 | 6h |
| +63 | PWP acquisition by Piper cancelled | 23 | 13h |
| +45 | No return offer - UPDATE. | 12 | 11h |
| +31 | Evercore poaches Baird DC Defense Team | 24 | 48m |
| +22 | Best Houston Banks for Culture in 2026 | 16 | 9h |
| +22 | Is my MD a grifter? 16 years, 8 firms | 12 | 30m |
| +21 | Lack of talent in IB! | 19 | 19h |
| +18 | Article: UBS Wall Street Rebuild Is a Study in Management Failure | 4 | 7h |
| +17 | Internal lateral from coverage to M&A (focused on coverage) | 4 | 1d |
| +15 | How standard is weekend work in IBD? | 10 | 37m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Nostrum quia id velit voluptatem et voluptatibus quia. Dignissimos velit non suscipit et commodi porro. Et sed sapiente hic facere asperiores consequatur neque nihil.
A aut commodi quos perferendis atque reprehenderit. Velit et nisi aut consequuntur quo deserunt vitae.
Praesentium dicta et quibusdam alias esse veniam sint. Aut qui ut reiciendis laborum modi officiis sequi. Dolorem pariatur explicabo et sunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...