Banyan Software provides the best permanent home for successful enterprise software companies, their employees, and customers. We are on a mission to acquire, build and grow great enterprise software businesses all over the world that have dominant positions in niche vertical markets. In recent years, Banyan was named the #1 fastest-growing private software company in the US on the Inc. 5000 and amongst the top 10 fastest-growing companies by the Deloitte Technology Fast 500. Founded in 2016 with a permanent capital base setup to preserve the legacy of founders, Banyan focuses on a buy and hold for life strategy for growing software companies that serve specialized vertical markets.
Description of the Role:
This is an exciting opportunity to gain hands-on learning experience with many of the core activities involved with working in a buy side, technology-focused corporate development team or private equity firm. The design of the role will be such that the selected candidate is an integral part of the entire Banyan M&A team, working directly with Associates, Directors, and VPs at our HQ in Toronto in a high-energy and collaborative environment. The exposure obtained throughout will include but not be limited to new industries, business models, valuation methods, research techniques, along with opportunities in diligence and M&A transaction processes. They will be given real responsibility and have a measurable impact on the organization. The developmental goals include a fundamental understanding of the private company acquisition process, along with the ability to
analyze software businesses, and prepare high level valuations.
You will support the evaluation and acquisition of vertical market software companies through supporting the following functions:
- M&A Deal Evaluation (60%)
- Assistance in operational, financial, and market due-diligence (30%)
- Special projects (data focused) (10%)
Responsibilities:
- Be the first point of contact to analyze and present financial & non-financial information for new acquisition opportunities, utilizing
Banyan’s key KPIs and investment criteria; - Review confidential information on potential acquisitions and create investment summaries for presentation to Banyan’s
management team and board; - Participate in due-diligence for potential Banyan acquisitions, analyzing in-depth operational aspects of businesses and
performing complex analyses; - Prepare both valuation and operational models on potential acquisitions;
- Research attractive software models and industries based on Banyan’s criteria;
- Work with a high-energy M&A team across the globe
Requirements:
The ideal candidate for the role will possess the following characteristics:
- 3 – 5 years of complimentary professional experience
- Excellent academic performance in an undergraduate degree program
- Professional designation obtained or near completion (ACCA, CA, CPA, or CFA)
- Highly motivated with a strong and proven interest in the fields of private equity, tech entrepreneurship and finance
- A natural curiosity for how businesses work, passion for technology, a tenacious attitude towards research, and the ability to think
independently - Advanced English written and verbal communication skills
- Collaborative by nature and not scared to challenge the status quo and put forward suggestions on how to improve existing
processes - Strong analytical abilities and a good understanding of financial statements
- Experience with building financial models, proficiency in translating unorganized data into thoughtfully structured analysis, and
relevant M&A work experience is an asset
Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.
What We Do
Banyan Software provides the best permanent home for successful enterprise software businesses, their employees, and customers to preserve the legacy of founders, while helping grow the business into the future.
We are on a mission to acquire, build and grow great software businesses that have dominant positions in niche markets all over the world. Today Banyan has over 750 employees throughout the US, Canada, UK, Europe, Australia and New Zealand. Founded in 2016 with permanent capital to preserve the legacy of founders, Banyan focuses on a buy, hold and grow for life strategy. For more information on Banyan Software, Inc. visit: http://www.banyansoftware.com
What We Look For:
- Great enterprise software businesses that have dominant positions in niche markets
- We work with owners who are thinking about an exit today or further down the road
- We are flexible and can be creative when we find a business that is a good fit
- The businesses in the Banyan family all share a similar profile:
- Annual revenues in excess of $2M-$30M
- A high percentage of recurring revenue
- Positive operating margins and cash flow
- High customer retention and satisfaction
- Happy and committed employees