Series 79: Chapter Twelve

Chapter Twelve

Mergers and Acquisitions from the Buy Side

Let’s be frank: investment banks generally prefer to represent the seller in an M&A transaction. A transaction is much more likely to get done on the sell side, where a business has put itself on the auction block, than on the buy side, where the bank may end up advising one of several unsuccessful bidders. The upshot of this fact is that sell-side work has a higher likelihood of concluding with a satisfying d