Private Equity Partner

Black Dragon Capital; Boynton Beach (FL); On-site; USD 350,000 - 600,000; Full time

Job summary

Black Dragon Capital is seeking a Private Equity Partner with a proven track record in leading SaaS-based businesses, dealmaking, and value creation for portfolios.

You will source, structure and execute high-profile transactions while driving performance improvements across portfolio companies, coordinating with a tight team of high performers in a fast-paced, deal-driven environment.

Qualifications

• Former CEO or COO in a SaaS-based recurring revenue model.
• Private equity fundraising and deal transactions experience.
• Bachelor’s degree required; MBA or advanced degree highly desirable.
• Senior leader/operating partner experience in sales or marketing.
• Leadership at a Software/SaaS company with cloud solutions and recurring revenues.
• Strong financial discipline and experience.
• Willingness to work a flexible schedule that may include frequent travel.
• Proven network with finance professionals and institutions.
• Experience working with a small team of high performers in a fast-paced environment.
• Heavy mergers and acquisitions experience.

Responsibilities

• Identify, structure and execute high-profile transactions across the capital structure.
• Source potential investors and lead conversations with fund investors to close committed capital.
• Present initial thesis & investment summary to the Investment Committee.
• Process feedback and refine investment presentations for approval.
• Present and negotiate acquisition offers for acquisition candidates.
• Lead the pre-acquisition due diligence team and analyze primary risks and opportunities.
• Manage deal closing with Legal and Finance to complete the closing process.
• Drive value creation as a strategic partner with portfolio companies.
• Establish credibility as a solutions developer for business challenges.
• Provide guidance on investment operational plans to drive performance for investors.
• Coordinate governance, dashboards, and reporting for monitoring investment progress.
• Establish relationships with entrepreneurs to facilitate exits and future opportunities.
• Refine Leadership Index and assess the management team.
• Develop and implement strategic goals for the firm and portfolio companies.
• Establish metrics and dashboards with portfolio management teams.
• Monitor cash management, capital requirements, and reserves.

Skills

SaaS leadership

M&A dealmaking

Private equity fundraising

Strategic transformation

Education

Bachelor's degree

MBA or advanced degree desirable

Job description

REPORTS TO:CEO, Founder, General Partner
Travel Required

COMPANY BACKGROUND

Black Dragon Capital LLC (BDC)

is a unique growth-oriented private equity firm focused on investing in areas where information technology is enabling the disruption of industries by allowing a faster,betterand more economically compelling way to solve industry issues. Weseektobenefitfrom a diverse perspective combined with high performance operating and investment executives. We hire and promote based on merit, without bias, and make a genuine effort to ensure we have a diversified team that aligns with the diversity of our portfolio companies and their clients. We intend tomaintainover 65% of our team members as culturally or gender diverse, andwework hard to foster a supportive and welcoming workplace. Bringing a leadership and advisory group of successful entrepreneurs, former operators and deal making experience, Black Dragon’s team has a track record of building market leading companies, driving above market returns and accelerating growth and profitability through its distribution connections, strategic advice, and active participation within our investments, primarily in financial technologies, eCommerce, and sports and media technology markets.

Private Equity Partnerat Black Dragon Capital (“BDC”)

BDC is looking foreithera private equity partnerwho is aproven business leaderwithan established track record ofdeal makingand buildinga company’s value as aCEOor COO inaSaaSbased recurring model companyor an executivewith a readiness to crossover to a Partner-level role in a private equity fundleading strategy and execution ofmajor transformations in a company.You will join a team of successful operating executives and entrepreneurs with extensive M&A experience, and who have created billionsinvalue.For this rare opportunity, we are seeking a candidate who hasa track recordimproving thegrowth,performance, andprofitability ofa company.As apartner, you are a driver of corporate change in building value. We believe value creation is better achieved with afullydedicated partner.Working in concert with our team, you will oversee all aspects oftransformationsas well asbe responsible fortransactional deal activities and assessmentsof new investments. You will have control of the entiretransformationprocess andwillalsoparticipatein investmentsourcing throughdistribution.Along the journey,you’llgain access to our advisors, distribution connections, proprietary operational tools, and to our value creation team with whomyou’llcollaborate on posttransaction, value-enhancing activities.As a professional with not only investment experience but more importantly, an operationalbackground, you will be valued in a way that few P/E firms would appreciate.

About You:

You’reknownasachange agent whobuys and sells companies andtransformsthemby rolling up your sleevesand makingthe companies better because of your activehands-on engagementand execution.You are alsoan experienceddeal maker and negotiator who has used that skillset to lead successful and profitable private equity transactionsandbusinesscapitalraising.You are a proven businessleader with a history of building valuein softwarecompanies;developing strategies and leadership teams; andcanleverageyour professionalnetwork to successfully improvethe valueof our company’s portfolios.You have also been an operator at a growing tech company, so you know the independence, excitement, and joy that comes from pioneering an industry and building a lasting company.You’vehadto make extremely tough judgment calls and overcomeseemingly insurmountableobstacles, often in high pressure situations,but you seek challenging opportunities that youknowyoucan make a difference in.You’vedealt with pitfalls, but you never stop believing and always find a way to win when you knowit’spossible. You have the ability toquickly understand the primary drivers of a variety of businesses,coupled with an extraordinary ability to quickly analyze and interpret complex financial data.Lastly, you know the uniqueness of workingwell with a small team of high performers, in an intense and exciting environmentas a leadexecutive.

PRIMARY RESPONSIBILITIES

• Identify,structureandexecute high profile transactions across the capital structure in transactions that may include leveragedbuyouts, take privates, add-onacquisitionsand recapitalizations.
• Source potential investors, lead conversations with fund investors to close committed capital.
• Presentinitialthesis & investment summary on opportunities to the Investment Committee.
• Processcommittee'sfeedbackand refine investment presentation forapproval
• Present and negotiate acquisition offers foracquisitioncandidates.
• Lead the pre-acquisition due diligence team and provide detailed and insightful analysis of the primary risks and opportunities associated with a target company.
• Manage dealclosing structure, working with Legal and Finance to complete theclosing process effectively and efficiently.
• Responsible for value creation as a strategic partner working closely with selected portfolio companies to support the execution of agreed upon strategic plans and initiatives, including cost efficiency programs, business rationalization, leadership assessments, recruiting, sales, marketing, product management,alliancesand strategic partnerships
• Establish credibility throughout the organization as an effective developer of solutions to business challenges.
• Provide guidance, leadership, and at times direct execution on the investment operational plans to drive better performance andultimately provide, returns to the firm’s investors
• Coordinate governance and board issues,establishingdashboards, and reporting tools tomonitorthe investment progress, as well as bonus and performance plans with the Board of each respective portfolio company.
• Establish and nurture relationships with entrepreneurs to earn their confidence in order to facilitate the sale (BDC’s acquisition) of their company and to generate future investment opportunities.
• Refine the Leadership Index for the opportunity, whileapplyingthe Leadership Index and assessing the management team.
• Develop and implement strategic goals for the firm and for portfolio companies.
• Establish metrics anddashboardfor monitoring individual investments, create plans to improveperformanceworking with the Dragon Performance Group and One Dragon Services, along with portfolio management team.
• Carefullymonitorcash management, including capital requirements, investment funding, manage reserves, etc.

REQUIREMENTS

• A former CEO or COO in SaaS based recurringrevenuemodel,technologycompany.
• Private equity firm experience incapitalraising, deal transactionsandsignificant experiencein anoperationalrole.
• Bachelor’sdegreerequired, MBAor advanced degree highly desirable.
• Experience as a senior leader or operating partner such as a CEOorCOO;with a history in Sales or Marketing.
• Leadership at a Software / SaaS company with cloud solutions and recurring revenues.Preferably going from a licensing model to a SaaS model.
• Strong financial discipline and experience.
• Willingness toworka flexible schedule that may include frequent travel.
• Successfultrack recordof working with and building relationships with the finance community including investment bankers, venture and private equity professionals, venture capital partners, family offices, and other financial professionals and institutions.
• Works well with a smallteam of high performers, in an intense and exciting environment.
• Heavy mergers and acquisitions experience.