Florida Healthcare M&A Firm Saves Over $140,000 Annually With Exceptional Investment Banking Associate

Client Profile

An industry leading healthcare mergers & acquisitions (M&A) firm based in Florida, USA. Known for its deep sector expertise and hands-on execution, the firm has completed hundreds of transactions, earning a reputation for precision, integrity, and personalized guidance in the lower to middle market.

Challenge

The client needed an investment banking associate to enhance deal execution, financial strategy, and market positioning. It was looking for someone with industry-specific M&A knowledge and US work experience. The challenge was finding a candidate with the required expertise at well-below US prices.

Solution

Within 72 hours of the client reaching out to Hey Recruiting for help filling the role, it was able to refer three candidates who were all great fits.

Each of them had:

At least 3 years of experience in deal structuring and valuation.
Had degrees from tier 1 universities and CFA degrees.
Strong modelling experience (LBO and DCF) and valuation expertise

Results

The client hired one of our three candidates immediately at an annual salary of $37,000. For reference, the average salary of an investment banking associate in the US is around $160,000.