Director / Vice President of Business Development
Firm Overview: Diversis Capital is a private equity firm with an investment focus on software and technology companies. Our investment philosophy centers around taking a partnership approach to every investment to help build and scale market leading tech companies. The firm is currently investing out of a $680M institutional fund and has raised over $1 billion in capital. Diversis Capital is headquartered in Los Angeles, California.
Position Summary: Diversis is looking for a full-time, Vice President or Director of Business Development, Private Equity to join the team in our Los Angeles (Century City) headquarters. The Director will be involved in all aspects of the firm’s business, from evaluating and executing platform and add-on investments to monitoring portfolio companies. This is an experienced-hire role for professionals who have relevant experience in technology, M&A, and private equity investing. The successful candidate will be a self-starter and will work on new investment opportunities and work closely with professionals throughout the firm. You will experience training, hands-on learning opportunities, mentoring and feedback, and numerous development opportunities. You will play an important role on a growing team that includes senior professionals who will encourage you to go beyond the numbers and think creatively.
Primary Responsibilities Will Include: · Identify, source, and work on M&A transactions – both new investments and add-on deals for the portfolio. · Conduct research on industry sectors and companies to better inform business development efforts. · Email and call outreach to initiate conversations with key corporate decision makers and develop long-term relationships with leads. · Participating in meetings with management teams and M&A intermediaries. · Obtain investment information and performing deal screening that meet Diversis investment criteria. · Working with portfolio companies on initiatives, including M&A opportunities and management of KPIs. · Monitoring portfolio company performance post-investment. · Work collaboratively with the team to ensure deals are moving through the pipeline funnel. · Some travel opportunities to industry conferences and for deal execution.
Desired Skills and Experience: Diversis seeks to hire an experienced Director with strong analytical abilities, creative and sound business judgment, and professional maturity. Ideal candidates will possess the following qualifications:
· 3-5 years prior experience in private equity or software business development, or equivalent is preferred. · Self-directed, highly motivated, and strong work ethic. · Strong writing, communication, and presentation abilities with interpersonal skills to interact with management teams and senior professionals. · Ability to multi-task, strong organizational skills, and a team player. · Genuine desire to be an early contributor to an entrepreneurial and growing team. · Professional and friendly personality -- must enjoy building positive business relationships. · Familiar with CRM system, Microsoft Office applications, and using the Internet for research. · A well-rounded academic background with Bachelor’s degree.