Head of M&A

BITKRAFT Ventures

Los Angeles, San Francisco, New York, Denver, London, Lisbon, Madrid, Berlin, Brussels, Cape Town, Seoul.

WHO WE ARE: 

BITKRAFT Ventures was founded on a love of gaming fueled by entrepreneurial spirit with the explicit purpose of empowering early stage founders to actualize their creative vision. 

Since its founding, BITKRAFT’s scope has expanded to include investments in Web3, interactive media, and immersive technology, with the unifying theme being our thesis of Synthetic Reality: That the convergence of physical and digital worlds will continuously introduce new human experiences and create unprecedented social and economic opportunities.

At present, BITKRAFT serves a diverse global portfolio of startups, each contributing to the construction of the virtual worlds and economies of tomorrow. BITKRAFT manages  over $800M in AUM deployed across 140+ companies. 

We are a culturally diverse team distributed globally.  Our shared goal is singular: to bring the most inspired and innovative products and IP to the world through expert selection and support of our founders.  

We’re ready to meet anyone excited about the future of our sector.

THE OPPORTUNITY: 

We’re seeking a Head of M&A to join our firm. You will be responsible for supporting our portfolio companies in evaluating their exit strategies including, but not limited to, M&A and IPO, as well as preparing and coaching them throughout the M&A lifecycle. You will also refer our portfolio company to select transaction advisors in our network. The right candidate will be a strong source of support for our portfolio companies in negotiations, assisting them to achieve favorable terms and maximize value for their shareholders. 

Your Responsibilities 

• Prepare companies for exit, both the process and what they need to have in place in their own businesses before starting a process 
• Keep companies up to speed on current market conditions as well as provide an outlook on how the markets are expected to go, as it relates to potential exit considerations.
• Track portfolio company progress and proactively identify and approach those portfolio companies which are on their path to exit through M&A or IPO and provide support to manage the exit process. 
• Build strong rapport with relevant buyers and listing places.
• Provide deep understanding of what buyers in our industry are looking for, M&A market dynamics & best practices to inform our founders and BITKRAFT partners
• Develop and deploy a robust acquisition pipeline process, leveraging our network of M&A advisors. 
• Communicate regulatory, financial information and complex strategic issues in a clear, concise and relevant manner to assist and guide decision-makers. 
• Collaborate closely with portfolio companies to understand their growth objectives, market positioning, and strategic priorities.
• Evaluate financial statements & results, budgets, and forecasts in order to recommend appropriate strategic and other financing solutions to portfolio companies. 
• Establish and maintain relationships with potential partners and founders. Negotiate M&A deals and manage due diligence and post-acquisition integration.
• Develop and implement processes and procedures to ensure M&A compliance. 
• Prepare reports and presentations for leadership on M&A initiatives. 

YOU: 

• Ambition and grit
• Love for the deal: You just love the art of the deal and thrive throughout the entire deal process.
• Passion for and great understanding of startups and venture capital—a foundation in startups is helpful to build credibility in working with founders
• Deep knowledge of and passion for the games and interactive entertainment sectors (including working experience in the industry)
• Strong understanding of M&A principles, financial analysis, valuation methodologies, and transaction structuring.
• Extensive transaction experience, including documented history of achieving favorable deal terms, maximizing valuation, and mitigating risks through effective negotiation and deal structuring strategies.
• Established network with founders and investors in the venture capital ecosystem and in particular in gaming and entertainment
• Candid and clear communication, with strong interpersonal and relationship-building skills
• Strategic mindset with strong quantitative and analytical thinking as well as  great attention to detail: analytical, fact-driven yet pragmatic working style
• Demonstrated willingness to go the extra mile for new opportunities, portfolio companies, and other projects to score a big win for BITKRAFT
• Proven ability to lead and drive multiple projects at once, while adding creative ideas
• Dedication to our existing portfolio of companies and desire to proactively provide support for them
• Strong deal and commercial judgment, financial modeling, and research skills
• Team-oriented attitude and familiarity and passion for working in distributed teams and in remote working environments

Additional Information

• Language Skills: Excellent English, both spoken and written
• Location: Major city in the Western Hemisphere
• The position will require travel