M&A refers to the consolidation of companies or assets. M&A can include a number of different transactions, such as mergers, acquisitions, consolidations, tender offers, purchase of assets and management acquisitions. M&A firms advise companies and their shareholders on these matters.
From a legal point of view, a merger is a legal consolidation of two entities into one entity, whereas an acquisition occurs when one entity takes ownership of another entity’s stock, equity interests or assets. From a commercial and economic point of view, both types of transactions generally result in the consolidation of assets and liabilities by means of a share transaction.
As an M&A advisor you will either be on the buy side or the sell side of the deal. On the sell side, your client wants to sell (parts of) his company, and on the buy side, your client wants to buy a company, either a particular one he’s already identified, or one they want you to find for them. In either case an M&A advisor is out to get the very best deal for his client.
Corporate strategy, private equity, valuation, venture capital, startups, you name it. Learning to prioritise, break down tasks, and stay cool under any circumstances are some of the skills you will develop in little time. People that work in an M&A for a while can make sense of complex data intuitively and rapidly, and they have extremely high quality standards.