
Director of Corporate Development
POSITION:
Director of Corporate Development
ORGANIZATION:
Cobalt Service Partners - Alpine Investors Portfolio Company
https://cobaltsp.com
LOCATION:
New York City
COBALT SERVICE PARTNERS OVERVIEW:
Cobalt is a private equity-backed company aiming to build the most impactful business in the commercial access and security industry (access control systems, video surveillance systems, intrusion detection systems, commercial pedestrian doors and gates). Cobalt is backed by Alpine Investors, a private equity firm specializing in middle market companies in the services and software industries and with $15bn+ of AUM. Cobalt’s Co-CEOs (Tyler Hoffman and Anthony Gonzalez) are experienced investors and operators. A little over a year after launching, Cobalt has successfully acquired twelve partner companies and established itself as one of the leading platforms in a highly attractive and fragmented industry that is benefitting from substantial secular growth tailwinds.
Cobalt’s core values are:
• Unwavering stewardship: We believe advancing founders’ legacies is a privilege. We do right by our founders, teams, and customers in good times and in bad.
• Excellence in action: We hold ourselves accountable to the highest standards. We’re bold in our pursuits, don’t make excuses, and relentlessly empower each other to get the job done.
• Seek and tell the truth: We’re honest with ourselves and others. We do what we say we’ll do, say what needs to be said, and search for the right answer regardless of where it comes from.
• Love learning: We’re always learning as individuals, as a team, and as a business. We show up humble, curious, and with the courage to change our minds.
• Enjoy the ride: We’re fired up by our mission, love our team, and don’t take either for granted. We show up authentically, assume best intent, and try not to take ourselves too seriously.
POSITION OVERVIEW
Cobalt is hiring a Director of Corporate Development to own and drive our early-stage M&A process. The Director of Corporate Development will coordinate with the Alpine Sourcing team and Cobalt M&A team to:
• Serve as Cobalt’s external face in the market by selling founders and business owners on the merits of joining Cobalt and driving Cobalt’s brand equity in the market
• Systemically identify compelling acquisition candidates and manage the process to determine actionability with Cobalt’s M&A team
• Track and continuously improve Cobalt’s early-stage M&A systems and processes to drive volume and quality in service of Cobalt’s annual M&A objectives
The Director of Corporate Development will report to Cobalt’s EVP of M&A, Jose Emanuelli, a former private equity investment professional, and will have daily mentorship from C-level executives, particularly Tyler Hoffman (Co-CEO, M&A). In addition, the Director of Corporate Development will work directly with C-level executives across M&A, Finance and Operations. Early on, the role will be as a player rather than a coach, with substantial rolling-up-of-sleeves. As we grow, the Director of Corporate Development will have the opportunity to build out a team and transition into a player/coach capacity.
QUALIFICATIONS
• 3-5 years of M&A experience with strong preference for deal origination specialization
• 3-5 years of direct sales experience (in an M&A or operational context)
• Strong sales and interpersonal skills
• Strong oral and written communication ability
• Strong and demonstrated quantitative and qualitative analytical skills
PERSONAL ATTRIBUTES
• Humble, openminded and coachable. Loves learning and improving themselves
• Enthusiastic, personable, and positive attitude
• High integrity. Speaks honestly and directly, especially when it’s hard to do so
• Persistent, proactive, self-motivated with the ability to work under limited supervision
• Attentive to detail, organized and systems/data-driven
• Ability to learn quickly and efficiently grasp complicated financial concepts
COMPENSATION AND TIMING
A competitive compensation package will be offered. Cobalt is looking to have the Director of Corporate Development join its NYC team in the near term.
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