Private Equity Intern, Buyside M&A

Location: Remote (candidates based in the United States) Job type: Internship, part-time Hours: 10 to 12 hours per week Duration: 3 months Pay: Unpaid internship. Weekly performance-based bonuses, not guaranteed About the internshipCaprae's Buyside Internship is a hands-on introduction to lower-middle-market M&A. You learn deal fundamentals by working on real situations: understanding what business owners want, how buyers and sellers think, and how a transaction is put together. You begin with conversations with founders and owners. As early as week four, you can move into supporting live deals and learning valuation logic, structure mechanics and how an entrepreneurship through acquisition (ETA) transaction is sequenced.

Responsibilities

Start conversations with business owners and executives to learn about their businesses and goals (outbound outreach is part of the role) Gather context on owner motivation and what a good outcome looks like for them Support lower-middle-market deal structuring based on what you learn Assess fit, feasibility and deal readiness Help prepare conversation notes, next steps and negotiation plans Learn earnouts, seller financing, rollover equity and reps and warranties Observe how Caprae approaches valuation gaps and structure negotiations CompensationThis is an unpaid, part-time internship: 10 to 12 hours per week for 3 months. Weekly performance-based bonuses are available. They are not guaranteed. Interns who make the deal team and manage deal flow can earn up to 20% of Caprae's success fee. Several have built a potential bonus pool of $50K+. This is performance-based and not guaranteed. ProgressionInterns with strong performance after one month can work with the deal and research teams. We prefer to hire our full-time team from this program. Three interns converted to full-time roles in 2025. About CapraeCaprae 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 in revenue. Launched in January 2025, it combines an international research engine, a full-stack deal sourcing arm and a growing tech layer. Its services divisions have completed $50M in transaction value.

Qualifications

Fluent in English Clear, thoughtful communicator Curious about how deals really get done Wants responsibility early and learns by doing Enjoys structured conversation more than spreadsheet-heavy analysis #PrivateEquity #MergersAndAcquisitions #InternshipUSA