When working on your resume, what does "closed $100 million deal" mean, exactly?

When we say this, do we refer to the equity value? Enterprise value? Total S&U? Total capital raise amount? I could make a case for any of the above, but just curious what your thoughts are!

3 Comments
 
Most Helpful

Whatever provides the largest defensible number. 

For example, I worked on the $14 billion sale of Dominion's LDC business to Enbridge. The $14 billion is the TEV. I also worked on a deal where we sold some solar farms and a solar development company. The transaction price was ~$20 million. The total asset value was ~$250 million. When talking about this deal, I use the total asset value number. 

You want to put forward the biggest number possible. HOWEVER, and this is equally as important, if you get asked about the details of the deal, you need to be able to legitimately justify saying that deal was whatever number you said. There is more than one way to talk about deal size. You just have to use a defensible one that markets your experience the best way possible.   

Remember, resumes are marketing documents. They are not sworn testimonies under oath

 

Eum ab provident tempore illum. Illo consequuntur quo ea autem dolores in suscipit in. Quia id necessitatibus laboriosam et et rerum et. Sed ut quibusdam quia pariatur facilis nulla.

Sit non quia architecto necessitatibus sequi provident vitae. Corporis reprehenderit eum vitae modi possimus. Dolore ut ut est omnis iusto.

Voluptas qui voluptas enim facere nihil aut rerum. Itaque recusandae numquam iure. Ducimus sequi aliquid quia voluptas officia est cumque.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.4%
  • Morgan Stanley 07 97.9%
  • Guggenheim Partners 01 97.4%

Overall Employee Satisfaction

October 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.4%
  • Banco Santander 02 97.9%
  • BMO Capital Markets 12 97.4%

Professional Growth Opportunities

October 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

October 2026 Investment Banking

  • Vice President (16) $429
  • Associates (56) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (28) $184
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (76) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
DrApeman's picture
DrApeman
98.9
6
Betsy Massar's picture
Betsy Massar
98.9
7
dosk17's picture
dosk17
98.9
8
CompBanker's picture
CompBanker
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”