Senior Private Equity Associate — Healthcare & Tech Growth

LLR Partners; Philadelphia (Philadelphia County); On-site; USD 150,000 - 210,000; Full time

Job summary

LLR Partners is seeking a Senior Associate to join its Investment Team focused on Healthcare, based in Philadelphia. The role involves evaluating, executing, and supporting investments in growing software, technology, and healthcare businesses across the lower middle market.

As a core member of the deal team, you will participate in market mapping, due diligence, transaction execution, and portfolio company support, with increasing responsibility.

Qualifications

• 4–7 years of relevant investment experience, ideally including 2–3 years of investment banking followed by 2–3 years of private equity.
• Direct experience evaluating, diligencing, and executing investments in healthcare, software, technology, B2B SaaS, or tech-enabled services.
• Experience with lower middle market companies strongly preferred.
• Strong financial modeling, valuation, and analytical skills with the ability to translate quantitative work into investment insight.

Responsibilities

• Evaluate new investment opportunities across SaaS / Healthcare markets, including platform investments, add-ons, growth equity investments, recapitalizations, and buyouts.
• Develop research-driven investment theses by identifying attractive markets, mapping competitive landscapes, assessing market structure, and forming a view on where LLR can create differentiated value.
• Conduct investment analysis, including financial modeling, valuation, unit economics, cohort analysis, customer and revenue quality, market sizing, competitive positioning, and assessment of key business drivers.
• Synthesize incomplete or conflicting information, identify the most important diligence questions, pressure-test assumptions, and assess fit with LLR’s investment criteria.
• Support and lead diligence workstreams, including internal analyses, third‑party diligence coordination, data room review, diligence trackers, and summaries of key findings.
• Create clear and persuasive investment materials, including investment committee memos, market maps, company profiles, diligence summaries, and internal discussion materials.
• Communicate effectively with senior investment professionals, business development colleagues, value creation team members, management teams, bankers, consultants, lenders, attorneys, and other transaction advisors.
• Build relationships with prospective and portfolio company management teams and help position LLR as a thoughtful, value‑added partner to growing software businesses.
• Contribute to sourcing and origination through thematic outreach, banker coverage, company research, conference preparation, and proactive identification of attractive investment opportunities.
• Partner with portfolio companies and LLR’s Value Creation Team on selected strategic initiatives, including add‑on acquisition evaluation, market research, KPI analysis, board materials, and growth‑oriented projects.
• Manager and mentor Analysts and Associates, including reviewing work product, helping prioritize analyses, and supporting their development.

Skills

Investment banking

Private equity

Financial modeling

Valuation

Diligence

Communication

Education

Undergraduate degree

Tools

Excel

Data room tools

Job description

LLR Partners is seeking a Senior Associate to join its Investment Team focused on Healthcare, based in Philadelphia. The role involves evaluating, executing, and supporting investments in growing software, technology, and healthcare businesses across the lower middle market.

As a core member of the deal team, you will participate in market mapping, due diligence, transaction execution, and portfolio company support, with increasing responsibility.