Business Development Director - Tyree and D'Angelo Partners

Position Title:         Director of Business Development

Reporting To:           Chief Strategy Officer

Location:                  Remote

Company:                Thrive Physical Therapy Partners (HQ in Chicago)

Company Overview

Tyree & D'Angelo Partners ("TDP") is a private equity investment firm that focuses on control investments in the lower middle market (companies with $1-5M of EBITDA).  We look for investments where we can establish true collaborative partnerships with business owners and management teams that will lead to substantial value creation over a long-term investment horizon. TDP invests in the healthcare, consumer, and business services sectors, focusing on high-quality founder owned businesses that we can grow with our high probability of success process.  TDP companies have completed over 1,000 partnerships, have grown to over $4 billion of enterprise value, and TDP has over $1.4 billion of capital under management.   Please visit www.TDPfund.com for more information.  

Thrive Physical Therapy Partners ("Thrive") is a fast-growing network of Physical Therapy clinics throughout the greater Midwest. We focus on partnerships with leading Physical Therapists and clinical teams who deliver exceptional patient care. Our mission is to improve the lives of physical therapists, patients, and staff by providing proven non-clinical business support services in a collaborative and patient-focused environment. Please visit www.ThrivePTPartners.com for more information.

We are seeking a Director of Business Development who will work closely with the senior management team of Thrive to lead our business development process through sourcing, evaluating, conducting diligence, and closing a high volume of acquisitions and partnerships. The candidate will join a highly collaborative and motivated team in a dynamic environment with substantial opportunity to create value and contribute to the company's growth mandate. Qualified candidates should demonstrate a strong desire and passion for M&A and business development, working with small business owners, and a great goal-oriented attitude.

Job Responsibilities

• Responsible for the process of identification, evaluation, and execution of acquisition opportunities within a dedicated geographic region
• Owns the responsibility of building and maintaining a relationship with small business owners
• Negotiate and explain deal terms while maintaining a positive working relationship with the business owner
• Partner with senior leadership and TDP to set and execute strategy
• Collaborate with CDO to manage efforts to obtain new business and retain existing relationships
• Develop and maintain relationships with contacts, customers, and brokers to maintain and expand business
• Lead due diligence (including managing third-parties), valuation analysis, and proposal development for potential acquisition candidate
• Help build post transaction value creation plans with owners to ensure a successful investment post close
• Work with senior management and third-party vendors to efficiently close transactions
• Wear multiple hats if needed and be a team player in a fast-paced and entrepreneurial environment

Qualifications:

• 4-7 years of M&A experience (investment banking, private equity, consulting, corporate development or direct lending)
• Prior experience communicating directly with small business owners
• Prior experience at a multi-site acquisition driven organization
• Team player and self-starter
• Advanced in Microsoft Office products
• Bachelor's degree required, advanced degrees a plus
• Willingness to travel ~50% of time (including to corporate office in Chicago)

Compensation

Highly competitive compensation consisting of base salary, performance bonus, and equity ownership.