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by an intermediary
10mos ago
in Manchester, UK
I think you’re best off separating buyside origination with buyside advisory. Having worked for a mid-market advisory firm (now in PE) that had half its deal volume as buyside mandates I think it’s fair to say they are very different gigs and most of the problems people have are an inability to recognise that. Market rate fees for “intros” is 1% of EV, fully contingent. Buyside advisory is likely 1.5% EV with a minimum fee, likely an abort or retainer fee unless you can offer repeat work (i.e. PE or corporate consolidator) but if not fully retained they likely aren’t “finding the deal”, just advising on it. If fully retained, then they may include some origination work alongside (drumming up mandates).
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by a searcher
10mos ago
from University of Oxford
in London, UK
Hi Cameron, we are developing a platform in the UK that manages several buy-side advisors tasks. Would be keen to discuss with you your experiences with advisors to date.