IB with Best TMT group in London

Hi guys,

I'll be attending MFin program at Cambridge this coming fall and hoping to secure a fulltime M&A position in London as soon as I graduate in 2017. I have always been interested in the TMT sector and was wondering if you have any suggestions on which IB (boutique or BB) I should aim for?

Looking for suggestions in terms of deal flow and type/size of clients/deals involved.

I know that in the US, Morgan Stanley and Goldman are leading the league table in TMT deals. But what about the UK?

Any suggestions on the boutique firms? I know that Qatalyst has an office in London but I'm not sure how reputable they are in the UK? Any other recommended boutiques in the UK with specialization in TMT?

Thanks in advance guys!

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Comments (17)

Aug 11, 2016

interested as well

Aug 11, 2016

Also interested

Aug 11, 2016
    • 1
Aug 11, 2016

MS and JPM might be the strongest, but not sure specifically which verticals. I think MS is strong in media and comms. From what i know, at GS, TMT is pooled with industrials, at least for first years. DB TMT in london isn't too bad from what i've heard too.

Aug 13, 2016

Fairly sure it is UBS

But just a gentle warning - TMT group at any bank usually have the worst hours out of all groups.

    • 1
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Aug 14, 2016

Currently at BB in London as a summer associate in TMT and whilst still being in a 120 hour + week, I can confirm this. Pure hell.

Aug 14, 2016

JPM is the strongest.

    • 1
Aug 30, 2017

Bump

Aug 26, 2018

Top names in London are:
Morgan Stanley
Goldman Sachs
Arma Partners
JPM

Not sure about other BB, but think Barclays and BAML are ok

Qatalyst is rather weak and other boutiques like Torch and GP bullhound are only active in the smaller deal sizes

    • 3
Dec 15, 2018

all true apart from qatalyst london - thats solid. I am interning at torch this summer and yh main competitors are gp, dc adviosry harris williams and then arma. arma still dominate the boutique space though.

Dec 15, 2018

are these firms still hiring for internships?

Dec 15, 2018

nope. they filled up last month

Dec 18, 2018

Not correct.

Dec 18, 2018

what about Silverpeak and Stella EOC?

Dec 15, 2018

LionTree Advisors, Arma Partners and GP Bullhound are pretty solid TMT boutiques. Competitive pay, interesting deals and exit opps aren't bad.

PJT Partners aren't specifically TMT but some of their recent TMT deals have been impressive (Sky-Comcast, Sprint-T-Mobile, Cablevision - Altice and Yahoo-Verizon). This applies to a couple other EBs who get good TMT deals thrown their way (such as Centerview and Moelis).

What you should figure out is do you want to have TMT exposure at a very big firm (BB) where you will perhaps have less individual responsibility on deals? Do you want to have TMT exposure at a solid and growing place (EB) where you will be very active in high profile deals? Or do you want to get a very in-depth understanding of the industry by being very involved in smaller deals (TMT boutique) that are only TMT?

    • 1
Dec 18, 2018

hahaha well judging by the state of this recruitment cycle.... not looking like i have much of a choice.... (hold an offer from a smaller boutique)

Jan 11, 2019