Associate, M&A
Lyra Technology Group is a holding company that invests in industry leading technology service businesses. Our companies are operated independently by exceptional management teams. Companies that join our group retain the employees, name, and culture that have made them successful. As a part of Evergreen Services Group, we never divest from businesses we partner with and approach every decision with the goal of driving sustainable and healthy growth over the long term.
We made our first acquisition at the beginning of 2018. Today, we hold a controlling stake in over 70 companies across the United States, United Kingdom, Canada, Australia, and New Zealand. Our companies employ over 3,500 team members.
Job Description
As a Lyra M&A Associate, you will take on a high-impact role with our holding company team. Your responsibilities will include independently managing M&A due diligence processes, leading financial and operational due diligence for new acquisitions, financial modeling, conducting analysis of acquisition and portfolio performance, and partnering with business owners to growth their company post-investment.
Our M&A Associate will work closely with, learn from, and share their perspectives with the Director of M&A and Strategic Finance to support building out a best-in-class acquisition engine. Your peers will include ambitious professionals navigating their first few years as a senior executive, entrepreneurs who have built a business over decades, and seasoned managers with deep industry and functional expertise.
We are looking for smart, motivated candidates who are looking to “roll up their sleeves” and hungry to make an impact by stewarding businesses over the long-term. We have had tremendous success in empowering leaders early in their career and giving them more responsibility than others would be comfortable with. We offer exceptional people the opportunity to meaningfully accelerate their career trajectory.
Responsibilities May Include
· Work closely with the Lyra executive team and Director of M&A to refine and execute our M&A strategy, ensuring we are pursuing the right opportunities that allow us to achieve our organic growth and MOIC goals
· Lead financial and operational due diligence for new acquisitions
· Support the refinement of our investment thesis through post-mortem analysis and ongoing performance monitoring
· Manage the relationship with sellers through the diligence process to ensure a successful close
· Work closely with sellers and Lyra operations leaders post-close to ensure smooth onboarding of new acquisitions to the Lyra platform
· Support the execution post-close value creation levers driving the realization of our investment thesis
· Partner with the Evergreen sourcing team to evaluate potential new acquisitions
Requirements
· Ability to work with extreme autonomy and an ownership mindset
· Exceptional EQ, can develop relationships and followership at every level of the organizational hierarchy
· Leadership experience and ability to persevere through adversity
· Strong strategic and analytical skills, an ability to make great decisions with incomplete information
· Strong understanding of financial statements and KPIs
· Humble, accountable, and growth-minded
· Positive attitude and competitive intensity
Preferred
· Achievement of one or more promotions at a previous employer
· Previous M&A experience, and exposure to private equity-run deal processes
· Undergraduate or graduate education at a top ranked school
What We Do
Lyra Technology Group is the trusted leader in IT services for small and medium-sized organizations. Our 3,000+ team members across the globe serve as the IT solution provider to over 10,000 small and medium-sized organizations and their 500,000+ employees.
More than 60 founders have chosen us as the permanent partner for their business and its team. We retain the employees, culture, and brand that made the companies that join our group successful. We collaborate with each company's team to strengthen the business with access to knowledge and scale.