Hi all,
I'm trying to get a feel for what the main firms are that provide transaction advisory services to private equity firms. It looks like the big 4 are obvious players, but I don't understand who else provides similar financial due diligence. Do investment banks have arms that do any financial/tax diligence work for financial buyers? When they talk about buyside M&A services, is that more of outsourced corp dev for companies, or can it involve transaction services for PE? What about the big management consulting firms, does Bain's PE group do financial diligence? Otherwise is it mostly just accounting firms of all sizes?
I'm a little lost on the topic, so I appreciate any help. Any other ideas how to compare the different firms would be super appreciated as well.
Thanks!
Financial DD: big 4 and tier 2 accountants
Commercial DD: McK, Bain, BCG (what's the business model like, what are operational levers, competitive playing field, etc)
Legal DD: law firms
Buy-side M&A: boutiques and banks that help you get the deal done (help in financing, negotiations, modelling, oversee DD advisers, etc)
Thanks for your thoughts. I assume the big 4 and MBB overlap into the other areas too? As in, do MBB offer financial and accountants offer commercial, so they can be a one-stop-shop of sorts?
b4 strategy arms do CDD but MBB eats our collective lunch
B4 does have CDD capabilities, MBB do not provide financial DD.
Alvarez and Marsal is a top firm outside the Big 4
Nam ut in eligendi dicta sapiente vitae. Nihil quibusdam sit nihil impedit id distinctio atque quod. Porro natus fugiat quo magni. Dolores libero aut et voluptates cum totam. Aut enim sed repudiandae et consequatur. Natus vel commodi aut delectus ea ullam. Porro quo consectetur qui laboriosam accusamus dolor illo aut.
In mollitia recusandae est ad voluptatem non. Ea voluptate et perspiciatis voluptate. Hic qui cupiditate delectus nihil possimus. Enim minus excepturi minus quis.
Provident voluptatem atque tempora quae fuga. Ipsam est ducimus fugiat iusto cum perferendis est. Voluptatem repellat adipisci aut illo ea. Voluptas quas illo iste temporibus aut. Quia ut non voluptatem voluptatum.
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...