Brian DeChesare

JUNE 19, 2024

I noticed the other day that we had articles about how to start a private equity firm and how to start a hedge fund but nothing on venture capital. But just like superhero movies, career advice works best when it’s a trilogy – so we’ll complete this trilogy with how to start a venture capital firm.

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Start-ups Private Equity Firm Finance Equity 105

Benzinga

APRIL 15, 2024

Informatica shares are up approximately 35% since the start of the year. Private-equity firm Permira and the Canadian Pension Plan Investment Board took Informatica private for $5.3 billion in 2015 after it. Full story available on Benzinga.com

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Private Equity Firm Start-ups Equity 52

Brian DeChesare

FEBRUARY 22, 2023

Sell-Side Definition: In the finance industry, “buy-side firms” raise money from institutions and wealthy individuals and invest on their behalf, profiting from management fees, performance fees, or both; “sell-side firms” earn money from commissions charged to facilitate deals and to sell, market, and trade equity, debt, and other securities.

Finance 130

Finance Marketability Banking Corporate Finance 130

Brian DeChesare

MAY 15, 2024

These are great questions, so I’ll cover them in this article, starting with what the team does: Table Of Contents What is “Private Equity Value Creation?” What Does the Private Equity Value Creation Team Do in Real Life? Joining as an Associate or something else midway up the ladder is a bit murkier.

Equity 105

Equity Private Equity Firm Start-ups EBITDA 105

Brian DeChesare

DECEMBER 20, 2023

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. Internships at regional boutique banks.

Banking 105

Banking Start-ups Finance Corporate Finance 105

Brian DeChesare

DECEMBER 4, 2024

No matter the economic climate, you can always bet on sports fans to show up for their favorite teams. But this started changing in the 2010s and early 2020s as team values skyrocketed and billionaires, sovereign wealth funds , and sports private equity firms all jumped into the sector.

Banking 105

Banking Finance Technology Equity 105

Brian DeChesare

JULY 31, 2024

But the real question is this: If you accept an industrials private equity job, will you end up more like Andrew Carnegie or Henry Phipps, or will your career trajectory resemble a distressed tire manufacturing company that later declared bankruptcy? Many markets are still highly fragmented, so this can work quite well.

Equity 66

Equity Private Equity Firm EBITDA Start-ups 66

Brian DeChesare

SEPTEMBER 29, 2022

Although there are some advantages to IB in Canada, it’s almost always better to start a finance career in the U.S. But when you consider the recruiting landscape, compensation, and exit opportunities, Canada comes up short in most areas. The main differences are: Timing: While the IB recruiting timeline has moved up in both the U.S.

Banking 112

Banking Start-ups Private Equity Firm Equity 112

Brian DeChesare

JANUARY 19, 2022

But if you read other accounts, FSG runs models, Analysts get hands-on technical work, and the hours could be longer and more stressful because your clients are private equity firms. Portfolio Company Exits – PE firms are better at buying companies than selling them or taking them public. So what’s the difference?”.

Private Equity Firm 94

Private Equity Firm Banking Equity Finance 94

Brian DeChesare

NOVEMBER 1, 2023

In most of the world, healthcare is either government-run or a mixed public/private sector. Are there many private healthcare companies for PE firms to acquire? Before delving into these nuances, we should take a step back and define the sector: Definitions: What is a Healthcare Private Equity Firm?

Equity 59

Equity Private Equity Firm Start-ups Banking 59

Benzinga

JUNE 13, 2022

Editor's Note: Starting next month, we will be rolling the Merger Arbitrage Mondays series into our paid subscription services, Inside Arbitrage Plus and Inside Arbitrage Premium. You can sign up for these services here. The Battle for Spirit Airlines (NYSE: SAVE ). He was the Chairman of Spirit Airlines from 2006 to 2013.

Private Equity Firm 97

Private Equity Firm Start-ups Equity Marketability 97

Brian DeChesare

MAY 17, 2023

I’ll cover the top firms, deals, recruiting, and career differences here, but as with any superhero saga, I’ll start with the origin story: Definitions: What is a Technology Private Equity Firm? Why Did PE Firms Start Buying Tech Companies?

Equity 64

Equity Technology Private Equity Firm Start-ups 64

Brian DeChesare

MAY 25, 2022

You’ll almost always have to deal with private equity headhunters if you want to win offers at mid-sized-to-large private equity firm s. I’ll cover all those points here, but let’s start with the short version of what to know about private equity headhunters: The TL;DR About Private Equity Headhunters.

Equity 52

Equity Private Equity Firm Start-ups Banking 52

Brian DeChesare

MAY 11, 2022

If you have more than 2 – 3 years of full-time work experience after university , it will be very difficult to get in at the Analyst level (estimated age cut-off of 25 , but it may be more like 27 – 28 depending on when you started the degree). but not different ages. You’ll probably need a top MBA at this stage.

Banking 98

Banking Start-ups Finance Private Equity Firm 98

Brian DeChesare

JUNE 21, 2023

You’ll find influencers on Instagram, TikTok, LinkedIn, and other sites constantly praising Dubai and claiming it’s the best place to work or start a business. The short answer is that, like other smaller regions, Dubai is best in very specific cases ; the average student would still be better off starting in NY or London.

Banking 105

Banking Start-ups Finance Equity 105

Brian DeChesare

NOVEMBER 22, 2023

But the events of 2023, including the UBS acquisition of Credit Suisse and the rise of firms like Wells Fargo, Jefferies, and RBC, have shaken up the traditional list. That said, it will still be many years before anyone starts thinking of it as a bulge bracket firm (if ever). For example, the “Big 5 (6?)”

Banking 105

Banking Start-ups Finance Equity 105

Brian DeChesare

MAY 10, 2023

But before I crush your hopes and dreams, I’ll start with an overview of the industry and the top banks: What is Investment Banking in Singapore All About? the undergrad recruiting process starts a year or more in advance of internships, and it has moved up over time. As in the U.S., you might be at the office until 5 AM.

Banking 105

Banking Start-ups Equity Marketability 105

Brian DeChesare

JUNE 15, 2022

If you look online, you’ll find many threads, articles, and blog posts saying that back office (BO) and middle office (MO) jobs are “the worst” and that if you end up there, your career is over. First, note that these terms apply only to investment banks and related finance firms (private equity firms, hedge funds, etc.).

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Banking Treasury Start-ups Finance 98

Benzinga

SEPTEMBER 2, 2024

MiddleGround is an operationally-focused private equity firm that makes majority investments in North American and European headquartered middle market industrial and specialty distribution businesses. The acceptance period for the Takeover Offer starts today and will end at midnight (CEST) on September 30, 2024.

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Private Equity Firm Start-ups Equity Marketability 40

Complysci

JANUARY 26, 2023

Whether you’re a small broker-dealer or an enterprise-level private equity firm, your regulatory compliance program isn’t a one man show – even if the department is only made up of your chief compliance officer (CCO). For a regulatory compliance program to function appropriately, the entire advisory firm must play a role.

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Compliance Private Equity Firm Start-ups Equity 52

IBG Business

NOVEMBER 6, 2023

From among the three major categories of business buyers , private equity groups (PEGs) are currently the most active purchasers of mid-market companies, and the majority of PEG acquisitions are part of what is commonly known as an “industry roll-up” – a merger of multiple companies in the same market or vertical.

Start-ups 52

Start-ups Private Equity Firm Equity Marketability 52

Brian DeChesare

JULY 3, 2024

When firms kicked off the on-cycle private equity recruiting process in June this year, before IB Analysts had even started their training , some people were shocked. A long time ago, in a galaxy far, far away, this process used to start ~1 year in advance of PE jobs. interview and hire candidates ~1.5 – 2.0+

Equity 59

Equity Start-ups Banking Private Equity Firm 59

Musings on Markets

OCTOBER 4, 2021

Since so much of Paytm’s success has been driven by the rise if smart phone usage among Indian consumers, and the concurrent rise in mobile payments for goods and services, I will start with a review of that rise, before looking at how Paytm has put itself in position to take advantage of that market shift.

Start-ups 95

Start-ups Banking Marketability Technology 95

M&A Leadership Council

MARCH 1, 2024

The result: divestitures are often “fire sales,” where companies wait too long to divest and end up leaving money on the table. And as more companies embrace the “portfolio-managed enterprise” model, divestitures will play a more central role in these value-driven organizations, much as they do in today’s private equity firms.

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Start-ups Private Equity Firm Mergers & Acquisitions Finance 52

Global Finance

JUNE 4, 2024

Once those targets materialize, and the CFO and the CEO start to make approaches, then we’ll come in and serve them on the due diligence-related activities to confirm value and the transformation work. I personally enjoy being involved up front and seeing the whole movie play out. Does this come up in your consulting work?

Private Equity Firm 59

Private Equity Firm Start-ups Finance Equity 59

Brian DeChesare

MARCH 13, 2024

Most of these firms started out doing early-stage VC deals and still invest across all company stages. 2) Primarily Growth Buyout Deals – Firms like Accel-KKR, Great Hill, Mainsail, PSG, Spectrum, and TA Associates go here. At some firms, the answer is “a lot more sourcing.” What accounts for the difference?

Equity 105

Equity Start-ups Marketability Banking 105

IT Valuations

MARCH 1, 2021

For many tech owners we talk with, we hear a similar story and dream: Start a small tech firm. The journey to eventually selling your tech firm can be a long one, full of some highs, such as celebratory moments where growth goals are achieved, people are hired, and milestones are met. Click here to get started.

Private Equity Firm 40

Private Equity Firm Start-ups Technology Equity 40

Sun Acquisitions

SEPTEMBER 9, 2022

People sell business ownership for a variety of reasons: Needing capital to actually start the company; Swapping equity for additional capital to grow the business; Sourcing money to pay down existing liabilities and debts; Raising venture capital to expand into new markets and; Desiring to diversify their own business risk as the sole owner.

Equity 52

Equity Start-ups Private Equity Firm Business Valuation 52

Brian DeChesare

FEBRUARY 15, 2023

Less Financial Sponsor Activity – Deals involving private equity firms tend to be more stressful because PE professionals work a lot and expect everyone else to work long hours as well. So, exit opportunities exist, but corporate-level private equity roles are much rarer than in the U.S.

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Banking Finance Equity Start-ups 98

Benzinga

JUNE 27, 2022

Editor's Note: Starting next month, we will be rolling the Merger Arbitrage Mondays series into our paid subscription services, Inside Arbitrage Plus and Inside Arbitrage Premium. You can sign up for these services here and check out a video demo of the service here or from the embedded video below.

Start-ups 52

Start-ups Private Equity Firm Equity Marketability 52

Equilest

FEBRUARY 18, 2023

Don't miss out on this valuable information - keep reading to learn more! "Special interest purchasers" can have a significant impact on the valuation of a business, driving up its price and allowing business owners to achieve a higher return on their investment. The firm also owns several other health-focused restaurant chains.

Special Interest Purchasers 40

Special Interest Purchasers Business Valuation Private Equity Firm Banking 40

Equilest

FEBRUARY 18, 2023

Don't miss out on this valuable information - keep reading to learn more! "Special interest purchasers" can have a significant impact on the valuation of a business, driving up its price and allowing business owners to achieve a higher return on their investment. The firm also owns several other health-focused restaurant chains.

Special Interest Purchasers 40

Special Interest Purchasers Business Valuation Private Equity Firm Banking 40

Brian DeChesare

JANUARY 24, 2024

Let’s start with the elephant in the room: yes, we’ve covered the growth equity case study before, but I’m doing it again because I don’t think the previous examples were great. So, you can think of this example and tutorial as “Growth Equity Case Study: The Final Form.” They over-complicated the financial model (e.g.,

Equity 105

Equity Private Equity Firm Start-ups Comps 105

Brian DeChesare

AUGUST 16, 2023

As with PE in many other emerging/frontier markets, it’s more like growth equity than traditional roles at middle-market PE firms and mega-funds in the U.S. But even if buyouts tick up, growth deals will still dominate the market into the 2030s. This may change due to factors like the “decoupling” with the U.S.,

Equity 94

Equity Banking Start-ups Private Equity Firm 94

Musings on Markets

OCTOBER 6, 2023

After a buzzy open, when the stock jumped from its offering price of $30 a share to $42, the stock has quickly given up those gains and now trades at below to its offer price. To understand why, consider how fixed assets (such as plant and equipment and equipment) become part of the balance sheet.

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Intangible Assets Book Value Equity Start-ups 125

Brian DeChesare

NOVEMBER 15, 2023

But earlier in 2023, the CFA Institute announced the biggest changes to the program since it started. Financial Modeling or Python / Data Science / AI: Starting in 2024, you must complete a “Practical Skill Module” on one of these topics for Levels I and II of the exam. So, should you make the CFA part of your recruiting strategy?

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Banking Start-ups Finance Private Equity Firm 59

Musings on Markets

OCTOBER 12, 2023

The effect of impact investing in the inclusionary and exclusionary paths is through the stock price , with the buying (selling) in inclusionary (exclusionary) investing pushing stock prices up (down), which, in turn, decreases (increases) the costs of equity and capital at these firms. in the 1998-2010 time period to 5.95

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Market Capitalization Enterprise Value Start-ups Marketability 103