Job Title: Private Equity Associate, Investment Team
Location: Boston / Chicago / South Florida / Remote / Hybrid
Firm Overview:
Ardan Equity is a sector-specialized private equity firm focused on buyouts of healthcare software companies. The Ardan team is comprised of investors, founders and operators that have built and partnered with many of the industry-defining platforms in healthcare and life sciences technology. A fast-growing private equity manager, Ardan is among the most active healthcare software sponsors in the last five years. The firm is based in Boston, Chicago and South Florida, and blends a modern, virtual-first work environment with in-person team working opportunities, travel and engagement. We are seeking an Associate that will focus on providing critical support across due diligence, financial analysis, new investment sourcing, portfolio company growth initiatives, and more.
Job Summary:
The Associate will support the Investment Team in sourcing, evaluating, growing and monitoring investments in healthcare and life sciences software companies. The Associate will be an integral member of the Investment Team, working daily with Ardan's mid-level and senior investment professionals, and executive partners / senior advisors. The ideal candidate will have an outstanding work ethic, strong background in healthcare, life sciences, or technology industries, and experience in investment banking or management consulting. Candidates have the opportunity to gain differentiated investing experience in the healthcare software sector, with potential for long-term upside and career growth.
Key Responsibilities:
- Perform in-depth due diligence and analysis on potential investments, and produce detailed, top-tier quality investment memos and materials that enable the firm's key investment decisions
- Build and maintain complex financial models, valuations, financial forecasts and bespoke company and industry analyses
- Conduct detailed sector and company-level analysis, including primary and secondary research
- Complete thesis development and investment sourcing efforts through Company targeting and landscaping; business development, outreach and industry events; CRM management; and more
- Undertake unique and exciting Ardan Growth Platform initiatives with portfolio companies, including day-to-day contribution to sales and marketing, technology, M&A, operations, other
- Perform continuous monitoring of portfolio company performance, operational and financial results, and insights into growth opportunities and improvement areas
- Support investor relations, fundraising, and LP development, communications and presentations
- Participate in, prepare and provide support for meetings and interactions with internal and external parties (e.g.; intermediaries, co-sponsors, management teams, limited partners)
- Own, progress and sustain key firm resources and processes, including regular portfolio reporting, investment pipeline / CRM tools, firm databases and internal evaluation assets
- Regularly engage and interface with mid-level and senior investment team members
Qualifications & Required Skills:
- Bachelor's degree from a leading college or university, with strong academic achievement and a major in business, finance, economics, or related fields with quantitative rigor
- 2-3 years of experience in investment banking, management consulting, or private equity
- Industry work experience in healthcare, life sciences and/or technology is preferred. A high level of interest and demonstrated knowledge and passion for healthcare / health tech is a must
- Excellent analytical skills and attention to detail
- Exemplary business writing and verbal communication skills
- Proficiency in financial modeling, valuation techniques/methods and financial statement analysis
- Highly motivated self-starter with genuine desire to learn & take on high degree of responsibility
- Ability to “run with” complex and sometimes ambiguous assignments, and thrive in an entrepreneurial atmosphere with limited supervision
- Strong organizational and time management skills, with ability to handle multiple tasks simultaneously and meet deadlines in a fast-paced environment