Company Overview

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.

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

Internship Overview

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:

Live conversations, real negotiation psychology, and rapid exposure to deal structuring.
Your foundation comes from outbound calls - learning how to communicate with founders, read motivation, overcome objections, and extract deal-relevant information.
As early as 4 weeks, you can transition into supporting real deals, understanding valuation logic, structure mechanics, and the sequence of an ETA transaction.
This is the only internship where students heavily focus on the human side of M&A first, because that’s where deals are won.

Core Tasks

Call business owners and executives daily
Navigate objections, gather context, and understand founder psychology
Learn how buyers and sellers negotiate outside of textbooks
Practice controlled, professional persuasion
Develop the ability to keep conversations structured and outcome-oriented
Based on the conversation support structuring deals in the lower-middle-market M&A space
Understanding seller motivations vs buyer constraints
Evaluating fit, feasibility, and deal readiness
Learning the mechanics of earnouts, seller financing, rollover equity, reps & warranties, etc.
Seeing how real deal conversations unfold and how structures adjust dynamically
Supporting live buyer–seller interactions
Helping prepare call notes, next steps, and negotiation plans
Observing how Caprae navigates valuation gaps and structure negotiations
Understanding what kills deals and what revives them
Seeing transaction pacing, sequencing, and the “psychological arc” of a deal

Highlights

100% real-world communication and deal execution
Learn negotiation psychology from day one
Paid hourly
Rapid exposure to real transaction mechanics
Opportunities to collaborate with the deal team and research team for those who show strong KPIs after one month
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+)
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

Ideal Candidate

Strong communicators
Fast learners
Students who want responsibility early
Individuals who want to learn how deals REALLY happen, not academically
People who learn better by doing than observing
Those who enjoy structured, dynamic conversation over spreadsheet-heavy analysis
Must be fluent in English.

Caprae Capital Partners

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