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Acquisition Associate

Erdos Ventures

Erdos Ventures

Sales & Business Development
Posted on Friday, June 2, 2023

Acquisition Associate

About us

At ERDOS, we believe the future of consumer product innovation is in the hands of the millions of everyday entrepreneurs, building their own ecommerce microbrands. Our mission is to ensure the best of these emerging ecommerce brands are able to reach their full potential. Today, we’re at the forefront of building the technology and the team to appraise, acquire and operate these e-commerce microbrands at scale.
You’ll be working with a team of passionate founders, advisors, and operators who have a vision for change the ecommerce ecosystem. We’re eager to continue expanding our team with smart operators who are hungry to grow alongside us.

What you will do:

We are seeking an Acquisition Associate as our first hire on the Acquisition team. As a part of the Acquisition team, you’ll will play a crucial part in the decision making process for Erdos’ early acquisitions. Associates will conduct financial, market, business, and product analysis, identify key risks & opportunities for prospective deals, as well as plan immediate action items for migration, and complete a comprehensive investment memo to present to our investment committee. Associates are expected to build and manage relationships with our sellers, negotiate deals/structure, and ultimately make and sign an offer/Letter of Intent (LOI). The Associate will have an opportunity that is unparalleled in the consumer product and e-commerce industries to work on multiple live deals from start to finish.
This role requires someone who is highly motivated and can effectively combine exceptional strategic thinking, superior communication, time management, relationship building and quantitative skills.
This will be a remote role.

What you’ll do:

Engage with sellers and entrepreneurs to understand their business, product, supply chain, marketing, and operations
Create financial models for each acquisition target to assist in determining whether the business is an attractive brand for the Erdos portfolio
Conduct market research, product research, and competitive analysis for target industries and brands
Preparing investment memos for qualified deals and presenting to the investment committee; Investment memos include research and summaries on company financials, market and business analysis, as well as post-acquisition roadmap for growth and margin expansion
Participating in structuring terms and negotiation with sellers
Working collaboratively with the M&A Due Diligence team post signing the LOI to ensure smooth transition
Supporting other members of the team on ad hoc analysis, special projects, and new initiatives

What you already know:

2-4 years of experience in a similar role, with experience in a Private Equity, Venture Capital, or M&A environment preferred
Bachelors Degree in Finance, Business or related discipline is required
Ability to build and analyze financial models
Team first mentality, with a superior attention to detail
Strong project management, planning, and organization skills, including ability to handle multiple projects simultaneously in a fast-paced environment; ability to lead and navigate through ambiguity
Strong analytical and modeling skills (including a working knowledge of finance/accounting)
Candidates should be comfortable collaborating with different departments including M&A Due Diligence, Brand Operations, Marketing, SEO, Supply Chain, and Data Science teams, as they assess brand potential
Erdos Ventures is an Equal Opportunity Employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status
We view our team’s diversity as a competitive advantage, and we are committed to building a diverse and inclusive environment for people of all backgrounds. We highly encourage applications from members of socio-economically disadvantaged groups, underrepresented groups in science and engineering, persons with disabilities, veterans, and first generation college graduates