Undergrad Buyside Analyst

Overview

This internship is a high-intensity training program for students interested in learning M&A dealmaking through real buyer–seller interaction.

Instead of passive research or slow-paced modeling, interns build M&A fundamentals the way practitioners do—through daily outbound conversations, negotiation practice, and rapid exposure to deal structuring.

The program includes opportunities to support live transactions as early as 4 weeks.

Responsibilities

• Call business owners and executives daily
• Navigate objections, gather context, and understand founder psychology
• Learn how buyers and sellers negotiate in real-world situations
• Practice controlled, professional persuasion
• Keep conversations structured and outcome-oriented
• Support structuring deals in the lower-middle-market M&A space
• Understand seller motivations versus buyer constraints
• Evaluate deal fit, feasibility, and deal readiness
• Learn mechanics including earnouts, seller financing, rollover equity, and reps & warranties
• Observe real deal conversations and how structures adjust dynamically
• Support live buyer–seller interactions
• Prepare call notes, next steps, and negotiation plans
• Observe how valuation gaps and structure negotiations are handled
• Identify what can kill deals and what can revive them
• Learn transaction pacing and sequencing

Requirements

• Must be fluent in English

Compensation & Benefits

• Paid hourly

Preferred Qualifications

• Strong communication skills
• Fast learning ability
• Interest in taking on responsibility early
• Preference for learning by doing rather than observing
• Comfort with structured, dynamic conversation over spreadsheet-heavy analysis
• Enjoys learning how deals really happen, not academically

Additional Notes

• Interns who contribute strongly may have the opportunity to collaborate with the deal team and research team after one month.
• Interns who make the deal team and manage deal flow can make up to 20% of success fee; several interns have accumulated a potential bonus pool of $50K+.
• The organization strongly prefers hiring its full-time team from the internship program; in 2025, 3 interns converted to full-time roles, and in 2026 the organization expects to onboard significantly more full-time team members from the internship program.