PWP vs. Qatalyst Partners

Prospect in IB-M&A

Thought I would ask the WSO community

With regards to analyst experience, dealflow, exits, overall experience, compensation, culture, etc... how do PWP and Qatalyst stack up against one another?

Have a bit of a preference for Tech, but not so much that it would completely sway things.

Comments (5)

  • Analyst 1 in IB-M&A
Apr 2, 2020

Qatalyst is the best tech bank out there, punching way about its weight. They also pay more than any bank.

    • 2
    • 1
Apr 2, 2020

From what I've heard Qatalyst is EXTREMELY selective.

This is the entire firm:
http://www.qatalyst.com/index.php/team
So yes take Qatalyst if you get it, their analyst class is 10 people for 2019

    • 1
Most Helpful
Apr 2, 2020

Qatalyst way better exit for VC and startups, only other tech bank in it's league is Goldman, then maybe MS a couple years ago. But for Qatalyst you'll need more than just a bit of a preference for tech since tech m&a is all they do

    • 3
Apr 2, 2020

Going to be pretty tough to beat Q in terms of deal flow and compensation. Can't comment on culture.

As others have mentioned, there is an obvious path from Q to VC/startup. But also you need to recognize that any reputable buyout platform (tech-focused or otherwise) is going to be well aware of Qatalyst, their dominance in the tech space, and the quality of their personnel. This is a highly-selective firm that that has been consistently executing headline deals since Quattrone set up shop.

    • 1
  • Analyst 2 in IB-M&A
Apr 2, 2020
Comment
    • 1
    • 2