Hi community. Does anyone have experience working with Bain’s Global M&A team to shed some light about the work itself and how it differs
a) from PEG team
b) other similar teams at MBBs - if there any (can think of M&A team at McK, not sure if BCG has an equivalent)
c) investment banks
d) overall interest & job satisfaction
Do you also know how big the size of the team in Europe is and what is the hierarchy? I‘ve seen a Director’s role which is different from the standard consulting track.
Dear Anonym A,
I hope to shed some light on your question.
You can think of Bain operations in a 2-dimension matrix with industries/verticals as one dimension and capabilities as the other dimension. A typical consulting track includes multiple assignments across this matrix, i.e. different industries and capabilities. The further you climb the ladder, the more specialized you will become in an industry. The capability / practice area track on the other side, offers you the opportunity to work on one specific capability and serve multiple industries on that capability. If you are interested in what Bain does in M&A and their current perspective on the overall market, I would advise you to read their latest M&A report:https://www.bain.com/globalassets/noindex/2022/bain_report_global_m_and_a-report-2022.pdf
To your questions:
The European M&A team of Bain can be found here: Bain -> Our Team -> Filters to be set according to European Offices and management competence “Mergers & Acquisitions” – the relevant practice leader has the role specification: “Practice Director”.
Even though slightly different from the standard consulting track, you can also become (expert) partner in the practice/ expert track.
Best,
Hi there,
I've coached a couple of candidates for the M&A practice at Bain, so I can help clarify a few of your questions below (though not all).
Overall, the M&A practice at Bain is very similar to that of BCG and McK in terms of its overall structure. You can expect very similar clients, types of projects and length of engagements. The main differences will step from the differences between the firms themselves (and less so the practice) - McK being more international, BCG more regional, Bain prioritising local staffing.
Then, comparing with investment banks, you can expect management consulting firms like Bain to have a more comprehensive perspective on the entire M&A process (looking beyond the financials and including additional aspects such as implementation, company cultures, etc.)
Best,
Cristian
Hi there,
Christian is right here. It's also going to depend quite a bit on the specific office you're in. I think you're asking great questions, but they're extremely nuanced, subjective, relative to office/timing, etc. I highly highly recommend you network and ask these questions! Nothing beats an actual conversation to get a lot more depth/color to this sort of thing.
