Pros
Aeris Partners was a fantastic place to begin my career. As an analyst you will dive deeply into technical analyses including retention, unit economics, whitespace, etc and gain a strong understanding of what makes a successful SaaS business. You are consistently encouraged to take on more responsibility and mentorship is a key element of the experience at Aeris. Everyone from your Associate to Managing Director wants you to succeed and provides constructive comments to help you come up the curve quickly. You will also join nearly every client call for the deal you are staffed on which is helpful in gaining a thorough understanding of the progression of an M&A deal. The culture is very collaborative and analysts frequently eat together in the kitchen area. Overall, at Aeris you will gain a strong technical skillset while working on deals with a collaborative and collegial team. I genuinely enjoyed coming to work every day during my time here.
Cons
You will have late nights as it is banking but given the high-touch, low-volume approach you are typically staffed on one to two deals at a time and are able to dedicate 100% of your focus to that deal and gain a deep understanding of the business rather than having to split your time across a bunch of deals. Also, Aeris closes nearly every deal it works on (98%+ which is the not the norm in the industry) and is very selective when taking on pitches, therefore winning the majority of them, so you can be confident the work you are doing will end up being worthwhile.