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Ok, what does ‘F’ mean
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That’s because they’re either in PE Ops (look for value creation, operating executive, etc.) or they are just internal tech roles. Industry roles don’t spend money on full-time employees just for tech M&A. They utilize the tech teams they have internally if and when there is an acquisition event.
No disrespect, but calling out a few inaccuracies here:
Consultant to operating executive is rare unless they have prior operational experience. Value creation usually also has either a growth or ops excellence lens - neither of which are inherently in a tech M&A consultants wheelhouse. I know I'm making broad assumptions here but I did tech M&A and my exits were more aligned to integrations since much of that is people, process, and tech harmonization.
The other points are generally right, though I would also recommend OP look into roles aligned to a transformation office or a chief of staff supporting a technical office like the CTO or CIO.
Most are embedded within the Portfolio Ops or Value Creation teams in large funds and supplemented by consultants. When comes to Mid-Market, they almost always rely on external consultants for IT services (Diligences, Deal Execution and Post-Close VC).
How are you in tech M&A at EY and not already know this?
Not everyone knows the exits when they get into a consulting role (especially early career hires). Tech M&A is also a broad term. Be kind.