Undergrad Buyside Analyst
<p><strong>Company Overview</strong></p><p>Caprae Capital Partners is a private equity and acquisitions platform led by Kevin Hong - a serial founder who scaled two tech ventures to $31M ARR and $7M revenue. Today, Caprae is one of the fastest-scaling platforms in the lower-middle-market M&A and ETA ecosystem, combining an international research engine, a full-stack deal sourcing arm, and a rapidly expanding tech layer.</p><p><br></p><p>YTD, Caprae’s services divisions have completed $50M worth of transaction value and is expected to exceed $150M in Q1 & Q2 of 2026 after launching in January of 2025. We’re looking for those who are looking to take PE to the next level</p><p><br></p><p><strong>Internship Overview</strong></p><p>The Caprae Buyside Internship is a high-intensity training ground for future dealmakers. Instead of passive research or slow-paced financial modeling, interns here learn M&A fundamentals the way practitioners actually do:</p><p><br></p><ul><li>Live conversations, real negotiation psychology, and rapid exposure to deal structuring.</li><li>Your foundation comes from outbound calls - learning how to communicate with founders, read motivation, overcome objections, and extract deal-relevant information.</li><li>As early as 4 weeks, you can transition into supporting real deals, understanding valuation logic, structure mechanics, and the sequence of an ETA transaction.</li><li>This is the only internship where students heavily focus on the human side of M&A first, because that’s where deals are won.</li></ul><p><br></p><p><strong>Core Tasks</strong></p><ul><li>Call business owners and executives daily</li><li>Navigate objections, gather context, and understand founder psychology</li><li>Learn how buyers and sellers negotiate outside of textbooks</li><li>Practice controlled, professional persuasion</li><li>Develop the ability to keep conversations structured and outcome-oriented</li><li>Based on the conversation support structuring deals in the lower-middle-market M&A space</li><li>Understanding seller motivations vs buyer constraints</li><li>Evaluating fit, feasibility, and deal readiness</li><li>Learning the mechanics of earnouts, seller financing, rollover equity, reps & warranties, etc.</li><li>Seeing how real deal conversations unfold and how structures adjust dynamically</li><li>Supporting live buyer–seller interactions</li><li>Helping prepare call notes, next steps, and negotiation plans</li><li>Observing how Caprae navigates valuation gaps and structure negotiations</li><li>Understanding what kills deals and what revives them</li><li>Seeing transaction pacing, sequencing, and the “psychological arc” of a deal</li></ul><p><br></p><p><strong>Highlights</strong></p><ul><li>100% real-world communication and deal execution</li><li>Learn negotiation psychology from day one</li><li>Paid hourly</li><li>Rapid exposure to real transaction mechanics</li><li>Opportunities to collaborate with the deal team and research team for those who show strong KPIs after one month</li><li>Interns who make the deal team and manage deal flow can make up to 20% of our success fee (several interns have accumulated a potential bonus pool of $50K+)</li><li>We strongly prefer to hire our FT team from our internship program. In 2025 we have converted 3 interns to FT roles. In 2026 we expect to onboard significantly more FT from our internship program</li></ul><p><br></p><p><strong>Ideal Candidate</strong></p><ul><li>Strong communicators</li><li>Fast learners</li><li>Students who want responsibility early</li><li>Individuals who want to learn how deals REALLY happen, not academically</li><li>People who learn better by <em>doing</em> than observing</li><li>Those who enjoy structured, dynamic conversation over spreadsheet-heavy analysis</li><li>Must be fluent in English.</li></ul>