Vice President, Private Equity
Access Holdings Management Company LLC is a Baltimore-based middle-market investment firm with over $2.8 billion in assets under management. Founded in 2013, Access provides direct investment opportunities to create concentrated portfolios of essential service-based businesses in North America. We undertake active build-and-buy strategies, pursuing what we want to own, great markets and distinct business models. In doing so, Access partners, scales, and innovates to build enduring businesses. For more information, please visit www.accessholdings.com.
Position Description
The Vice President role is a Partner-track, mid-senior level position within the firm. Leveraging multiple years of private equity investing and value creation experience, a VP will manage and help drive Access’ efforts across the investment life cycle including investment thesis generation, deal sourcing, deal execution, debt and equity capital raising, portfolio management, and exit of portfolio investments. Additionally, VPs will further expand the reach of the firm by building trust-based relationships with key parties (e.g., investors, bankers, portfolio company executives, investment targets, advisors and limited partners) while serving as a trusted partner to the senior leaders of the firm.
Responsibilities:
- Profile investment themes and approaches and take a leading role in research and analysis on prospective investments
- Lead and oversee key functions of a transaction including financial modeling, investor presentations, due diligence frameworks (financial, legal, operations, insurance, benefits, IT, and HR), and lender presentations
- Coordinate the execution of investment transactions across all parties involved (e.g. legal counsel, third-party diligence providers, investors, internal operations, and portfolio company management)
- Assist in negotiations with potential partners including, but not limited to letters of intent, purchase agreements, credit agreements, and executive employment agreements
- Develop trust-based counseling relationships with portfolio executives and senior leadership
- Monitor performance and risk profile of existing portfolio investments
- Key participant in preparing and presenting deal information, by stage, to the investment committee
- Create and maintain deal flow databases by identifying potential targets and preparing company specific due diligence reports and analysis
- Conduct market and industry research, while qualifying investment opportunities and providing rolling updates
- Mentor and train analysts and associates in developing financial and valuation models
- Stay informed on capital market dynamics, provide appropriate information for disclosure, keep tracking policies and regulatory compliances
- Engage, prepare and participate in board meetings of Portfolio Companies
- Ensure the maintenance of ongoing relationships with external investors and partners
- Support fundraising effort by building investor relationships
- Prepare and review investment memos, term sheets, letters of intent and present investment opportunities/findings to the Access team and investors
- Respond to Investor DDQs and other ad-hoc requests (dependent on active deal opportunities)
Requirements
Successful candidates will have the following attributes:
- 8+ years' total work experience
- MBA from a top tier university (preferred)
- Strong M&A and deal execution experience from a top investment bank and private equity/venture capital firm
- Outstanding financial modeling and analytical skills
- Strong understanding of accounting, finance, and capital structure
- Exceptional verbal and written communication skills
- Ability to comfortably interact with senior management (internal & external)
- Appetite to become a subject matter expert in broad and diverse industries
Personal Characteristics
- Passion for investing and learning about new industries
- Constantly looking ahead; anticipating and guiding (proactively)
- Consistent and effective communicator
- Self-initiating but in an aligned manner with Access’ strategy and culture
- Excels with building internal and external alignment on ideas, actions, recommendations, etc.
- Hands-on, entrepreneurial leader – ideas and actions
- Inspires and engages internal and external teams
- Curious, creative and ambitious
- Outstanding collaborator across all levels
- Demonstrated ability and interest in working within a small, entrepreneurial team
- Carries and conveys a healthy sense of urgency
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