M&A and Business Development Associate - EyeSouth Partners
Atlanta, GA 30328
About the Job
Headquartered in Atlanta, Georgia, EyeSouth Partners is a premier network of integrated eye care practices located across the country. Our affiliated ophthalmology practices benefit from superior operational expertise, as well as investments in support staff, ongoing education, state-of-the-art technology, and strategic guidance with an absolute focus on clinical quality and a patient-first culture. EyeSouth’s affiliate network consists of 40+ practices with approximately 2800 employees and over 300 doctors providing medical and surgical eye care services at approximately 175 locations including 20 surgery centers throughout Georgia, Texas, Louisiana, Florida, Tennessee, Ohio, Kentucky, Pennsylvania, Alabama, Illinois, North Carolina, and South Carolina.
Position Summary:EyeSouth Partners (“EyeSouth”) and its private equity sponsor Olympus Partners (“Olympus”) are seeking an M&A and Business Development Associate to support business development and corporate strategy. EyeSouth is an eye care services organization providing support services to practices in the South, East and Midwestern US. Affiliated practices provide medical and surgical eye care services, including treatment for cataracts, corneal disease, glaucoma, disease of the retina and macula, oculoplastics and medical optometry. EyeSouth supports its affiliated practices and physician partners with strategic guidance, administrative resources, operating expertise and capital with an absolute focus on clinical quality and a patient-first culture. EyeSouth’s affiliate network consists of 39 successful practice affiliations and ~300 doctors practicing at ~180 locations across 12 states, including Georgia, Florida, Texas, Tennessee, Louisiana, Alabama, Illinois, North Carolina, Ohio, Pennsylvania, Kentucky and South Carolina.
The role will be based in Atlanta, GA at EyeSouth’s corporate headquarters. The M&A and Business Development Associate will report to the Head of M&A and Business Development and will have a high level of visibility and interaction with the rest of the executive management team. The platform is executing on a strategy to grow via a combination of add-on affiliations, de novos and organic growth initiatives. Since its founding in February 2017, EyeSouth has successfully closed 39 add-on affiliations and grown its employee base to approximately 2,650 total employees. EyeSouth aims to expand its M&A and business development strategy and continue this rapid but controlled growth with the addition of the M&A and Business Development Associate. Olympus is a middle market private equity fund in Stamford, CT with more than $8.5 billion of AUM. Olympus invests in strong, growing businesses and has made over 95 control investments and over 145 add-on acquisitions since their founding in 1988.
The M&A and Business Development Associate will be responsible for supporting the execution of the platforms’ add-on growth strategy. The individual will be directly involved in supporting the Business Development team leaders in developing a robust pipeline of affiliation targets, financial and operational analytics and modeling, and transaction diligence. The M&A and Business Development Associate will also be involved with supporting post-close integration of new affiliations and organic growth initiatives.
Responsibilities:- Support the execution of the platforms’ add-on affiliation transactions
- Lead and perform deal-related analysis, including financial modeling and due diligence review
- Manage financial due diligence and support the executive team during the deal structuring/negotiations for platform affiliations; work with legal counsel as required; interact with lenders as required
- Develop in depth investment memorandums and present to senior management regarding rationale of affiliation investments
- Assist in the tracking of a robust pipeline of affiliation targets developed by the Business Development team leaders through personal networking and leveraging the relationships of the executive team, physicians and other intermediaries
- Generate scorecards evaluating add-on opportunities and summarize the information to the executive team in a concise manner
- Aid in the execution of targeted organic business development initiatives
- Work closely with the executive management team to assist in the development of presentation materials for quarterly meetings with the platforms’ Board of Directors
- Provide leadership toward additional value-added activities and support operational and departmental excellence
- Maintain honest and ethical conduct at all times
This is an excellent position for an individual that has one to two years of financial analysis and deal execution experience within investment banking, transaction advisory or financial diligence settings. This individual should have a strong interest in business development, professional development and ultimately management aspirations. The successful candidate will be motivated to help execute the investment thesis of this high-growth company and possess the following qualifications:
- Work experience
2-4 years’ experience in Transaction Advisory Services, Valuation, Investment Banking and Accounting.
- Strong desire to learn and execute on the deal process from initial screening of the opportunity to close of a transaction
- Ability to work in an autonomous, entrepreneurial, and fast-moving environment
- BA/BS degree in Economics, Finance or a business-related major
- Healthcare
- Finicial reporting
- Advanced Microsoft Excel, PowerPoint and Word skills
- Good written and oral presentation skills; ability to present concisely and with detail
- Strong interpersonal and communication skills
- Strong organizational skills; must be able to manage and prioritize multiple business objectives and projects with the proper sense of urgency
- Compensation will be competitive and commensurate with experience, and will include an attractive base salary, annual bonus opportunity, and a comprehensive benefits package.
We offer a competitive benefits package to our employees:
- Medical
- Dental
- Vision
- 401k w/ Match
- HSA/FSA
- Telemedicine
- Generous PTO Package
We also offer the following benefits for FREE:
- Employee Discounts and Perks
- Employee Assistance Program
- Group Life/AD&D
- Short Term Disability Insurance
- Long Term Disability Insurance
EyeSouth Partners is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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