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PE Operations Internship

Dallas, TX

Cobalt Service Partners Overview

Cobalt Service Partners is a private equity-backed platform building the leading commercial access and security integration business in North America. Our partner companies design, install, and service mission-critical systems including access control, video surveillance, intrusion detection, and related low-voltage infrastructure for enterprise, institutional, and commercial customers.

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 has scaled rapidly since launch, completing seventeen acquisitions in under two years and establishing a differentiated operating model in a large, fragmented, and growing market. Our leadership team combines deep operating experience with disciplined investment practices, and we are building a platform designed to scale through both organic growth and M&A. 

About Digi Security Systems

Digi Security Systems is an industry leader in the design, installation and support of custom video surveillance, electronic access control, intrusion detection and fire solutions for companies of all sizes. We've built our reputation on innovation and reliable service, and we're known as the industry's experts.

As a Cobalt partner company based in Dallas, TX, Digi operates at the intersection of technical expertise and customer service excellence. This internship is hosted at Digi and supported by Cobalt's Office of the President, giving the intern direct exposure to how a PE-backed platform operates at the ground level.

Position Overview

This is a hands-on operational role, not a research or slide-deck internship designed for students currently pursuing a Masters of Business Administration. The PE Operations Intern will spend the summer months embedded in Digi's field operations in Dallas, conducting site walks and developing project quotes alongside experienced technicians and sales staff. The intern will also engage directly with Cobalt's Office of the President on operational insights, reporting, and strategic questions that surface through the work.

For an MBA student interested in private equity operations, this role offers rare ground-level visibility into how a PE-backed services business actually runs: how deals get priced, how capacity constraints surface, how field teams make tradeoffs, and how operational decisions compound over time. This is an in-person role with required on-site responsibilities in the Dallas, TX area. 

Key Responsibilities

  • Conduct site walks for prospective projects across commercial and institutional customers in the Dallas market
  • Develop project quotes in collaboration with Digi's sales and operations teams, applying technical and commercial judgment
  • Build familiarity with Digi's service lines: access control, video surveillance, intrusion detection, and fire solutions
  • Identify patterns and operational insights from quoting activity and surface them to the Office of the President
  • Leverage advanced AI tools to streamline processes
  • Support ad hoc operational and analytical requests from Cobalt's leadership team

What You'll Learn

  • How a PE-backed services platform scales through both acquisition and organic growth
  • The operational mechanics of a field services business: pricing, capacity, utilization, and margin
  • How portfolio company leadership teams make commercial decisions under resource constraints
  • The link between field-level execution and financial performance at the platform level

Qualifications

  • Education requirements: Bachelor's degree required, Masters of Business Administrations in progress
  • Valid driver's license and ability to meet qualified driver requirements
  • Able to pass required background checks for on-site authorization by clients
  • Interest in private equity, operations, or growth-stage businesses
  • Comfort working in an unstructured, fast-moving environment with limited hand-holding
  • Willingness to spend meaningful time in the field, not just at a desk
  • Strong analytical instincts and intellectual curiosity
  • Experience and familiarity with AI tools or a strong willingness to learn
  • Prior experience in consulting, operations, construction, or field services is a plus but not required

Physical Requirements 

  • Able to stand and walk for at least one mile in outdoor weather conditions for site-walks and quotes
  • Able to navigate computers, tablets and other technologies
  • Able to commute and travel in the Dallas-Fort Worth Area

Compensation

Competitive compensation commensurate with MBA internship market rates. Details provided during the interview process.

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