Corporate Development Senior Associate

Posted 2 Days Ago
Be an Early Applicant
King of Prussia, PA, USA
Hybrid
110K-120K Annually
Senior level
Retail • Sales
The Role
Leads acquisitions from term sheet through closing, serving as the primary seller contact and managing diligence, valuation, financial modeling, negotiations, deal approvals, and integration. Develops three-statement, DCF, and LBO models; coordinates internal and third-party stakeholders; presents findings to senior leadership, the board, and investors; and manages multiple transactions across North America.
Summary Generated by Built In
About Culligan Quench
Culligan Quench’s purpose is to impact people’s lives and improve the earth by helping to eliminate the 500 million plastic bottles consumed each year. We play a front-line role in the battle against single-use plastic water bottles by delivering on-demand filtered water solutions to more than 120,000 healthy and environmentally conscious customers across North America. Our bottle-free water coolers, ice machines, sparkling water dispensers and coffee brewers purify the existing water supply, providing an endless supply of clean water and water-based beverages for a fixed monthly fee, typically under a long term bundled service and rental subscription agreement.  Culligan Quench has grown from a small regional company to an international leader that had a successful NYSE public offering in 2016 and is now a strategic company owned by private equity backed Culligan.  Headquartered in King of Prussia, PA, Quench has more than 1,600 team members operating out of more than 90 locations across North America and Puerto Rico. For more information visit https://quench.culligan.com/
 
About Culligan
There’s nothing more fundamental to life on Earth than water.  At Culligan, we believe transforming water can transform the world. That's why we offer expert water services and industry-leading solutions globally. Local Culligan teams deliver better drinking water to people at work, at home and on the go. With expertise across service, science and sustainability, Culligan turns water you can live with into water you can love.  For more information visit www.culligan.com. 
 
Values: 5Cs
Culligan as One
Customers come first
Commitment to Innovation
Courage to do what's right
Consistently deliver exceptional results

The Position

    Reporting to the Director of M&A Sourcing and Execution, the Corporate Development Senior Associate will play a critical role in the execution of acquisitions, serving as a transaction lead on select deals and managing the process from the initial term sheet through closing. This role will be responsible for developing financial models and valuation recommendations, overseeing the financial due diligence process, leading purchase agreement negotiations, and acting as the primary point of contact with the Seller throughout the transaction. The Corporate Development Senior Associate will also work closely with the Integration Team and various business departments to ensure a seamless integration at the time of close. With a strong pipeline of acquisition opportunities across North America ranging from $1M to $50M+ in enterprise value, this role will require managing multiple transactions simultaneously. This is a high-profile position within Culligan Quench and the role will require regular communication with Senior and Executive Leadership Teams, including the President, COO, CFO, VP of Finance and General Counsel

Responsibilities

  • Serve as the primary point of contact with the Seller throughout the transaction process.

  • Oversee the diligence process by developing project plans and timelines, managing the virtual data room, and evaluating information provided by target companies.

  • Conduct financial and operational diligence and coordinate support with 3rd-party vendors.

  • Produce go-forward, 3-statement financial projection models and conduct valuation analysis, including DCF & LBO models.

  • Collaborate with legal counsel to draft, review, and negotiate purchase agreements.

  • Provide regular updates to Management, primarily the Director of M&A Sourcing and Execution, on deal status, key diligence findings, and strategic considerations.

  • Support the Director of M&A Sourcing and Execution and Executive Team in preparing Deal Approval Memos for the Senior Leadership, Board of Directors and Investors.

  • Work closely with the Integration Team and business operations to ensure a successful post-close integration.

  • Capture lessons learned from each acquisition and develop strategies to improve the deal execution process.

Qualifications

  • Experience: 3-5 years of relevant experience, either in a  professional services firm, private equity or corporate development/ team.

  • Education: Bachelor's degree required, with formal training in finance and/or accounting.

  • Technical Skills: Ability to develop complex financial models and perform data analysis, with proficiency in Microsoft Excel, Word, and PowerPoint (experience with Salesforce.com and/or MS Power BI is a plus).

  • Communication: Excellent verbal and written communication skills, with the ability to present conclusions and recommendations based on data analysis and lead negotiations with target companies.

  • Project Management: Strong ability to manage multiple projects simultaneously in a fast-paced, results-driven environment.

  • Attention to Detail: High level of accuracy and thoroughness in work.

  • Personal Attributes: Accountability, coachability, and self-awareness.

  • Willingness to travel and work late/weekend hours when necessary to meet deadlines

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Skills Required

  • 3-5 years of relevant experience in professional services, private equity, or corporate development
  • Bachelor's degree
  • Formal training in finance and/or accounting
  • Ability to develop complex financial models and perform data analysis
  • Proficiency in Microsoft Excel, Word, and PowerPoint
  • Experience with Salesforce.com and/or Microsoft Power BI
  • Excellent verbal and written communication skills
  • Ability to present data-based conclusions and recommendations and lead negotiations
  • Ability to manage multiple projects simultaneously in a fast-paced environment
  • High level of accuracy and thoroughness
  • Accountability, coachability, and self-awareness
  • Willingness to travel and work late or weekend hours when necessary
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: King of Prussia, Pennsylvania
687 Employees
Year Founded: 1997

What We Do

Quench is the brand that helps our growing and forward-thinking customers keep their employees, customers, and guests happy, healthy, and hydrated. We offer water-as-a-service solutions by providing pure drinking water through a broad array of bottle-free machines. Our point-of-use machines offer users countless consumption choices, including mineral-infused quenchWATER+, chewable ice, sparkling water, flavored water, and even coffee. Customers choose Quench because Quench has the depth of options, national reach, and consistently high level of service to deliver pure, delicious water to tens of thousands of small businesses and to over half of the Fortune 500 organizations across the continent. Headquartered outside Philadelphia, PA, Quench is a subsidiary of Culligan.

Similar Jobs

In-Office or Remote
10 Locations
259 Employees
140K-170K Annually
In-Office or Remote
2 Locations
132624 Employees
In-Office or Remote
54 Locations
185 Employees
80K-120K Annually

Similar Companies Hiring

Scotch Thumbnail
Artificial Intelligence • eCommerce • Fintech • Payments • Retail • Software • Analytics
US
35 Employees
Fairly Even Thumbnail
Hardware • Robotics • Sales • Software • Hospitality
New York, NY
30 Employees
Golden Pet Brands Thumbnail
Digital Media • eCommerce • Information Technology • Marketing Tech • Pet • Retail • Social Media
El Segundo, California
178 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account