What are the responsibilities and job description for the Corporate Development Manager position at Performance Home Medical?
Job Details
Description
Performance Home Medical is a private equity-backed leader in medical supplies and services that is poised for its next stage of growth. At Performance Home Medical (PHM), our patients come first. Using the latest technology and best clinical support, we help our patients take control of their conditions and live longer and healthier.
Job Summary
On the heels of a strategic majority investment, we are seeking a dynamic and driven Corporate Development Manager to assist with deal sourcing and execution as the company continues to prioritize M&A to drive growth and expansion. This position will play a critical role in executing transactions from pre-LOI through closing. Given the importance of these responsibilities, this Corporate Development Manager will have daily interaction with the C-suite and high visibility with the Board and the PE deal team.
This is a newly created position and will report to the Chief Development Officer. The position is based at the company’s headquarters in the Greater Houston area.
The ideal candidate will have prior investment banking, corporate development or advisory experience in a high-velocity M&A environment and be able to operate at a high level of intellectual curiosity, exhibit superior analytical skills, demonstrate a strong work ethic, exude team spirit and bring a proven ability to work across multiple stakeholder constituencies. This candidate must be passionate about problem solving, driving value, and delivering growth.
Duties & Responsibilities
Deal Sourcing & Evaluation
- Assist in identifying and evaluating potential acquisition targets, partnerships, and investment opportunities aligned with the company’s strategic goals.
- Conduct market research and competitive analysis to identify trends and opportunities for acquisitions in new regions across the US
Financial Analysis & Valuation
- Develop financial projections for M&A opportunities through detailed analysis, pro-forma modeling, valuation assessments, and synergy evaluations to support potential transactions
- Support and coordinate the preparation of investment memos and presentations for senior leadership and board discussions.
Due Diligence
- Coordinate cross-functional due diligence efforts across finance, clinical and operations teams, supporting these efforts with relevant financial and operational due diligence analysis of target companies
- Work with external advisors (investment banks, legal, tax, and accounting firms) to diligence deals effectively and structure transactions efficiently
- Assist in the negotiation of key deal terms and economics with insightful analysis
Post-Merger Integration & Performance Tracking
- Partner with internal teams to develop integration plans and ensure smooth transitions post-acquisition.
- Monitor acquired company performance against deal assumptions and identify areas for optimization
Strategic Projects and Corporate Initiatives
- Partner with the executive team and operational leaders to develop the business case and ROI for proposed strategic projects and initiatives
Qualifications
Key Capabilities and Qualities:
- Problem solving skills that are applied in a practical manner required in acquiring founder-owned businesses.
- Entrepreneurial and creative thinking skills with an action-orientated approach that thrives at a tempo typical of a lean private-equity portfolio company
- Strong financial modeling, valuation, and analytical skills, with a proven ability to articulate the resulting strategic, operational and financial insights
- Strong project management skills, with the ability to manage multiple transactions and stakeholders simultaneously.
- Excellent written and verbal communication and presentation skills, with the ability to present complex data to executive audiences.
- Intellectual curiosity and desire to learn
- Comfortable in a high-volume, deadline-driven environment, strong attention to detail.
- Open to travel (<20%)
Required Experience and Education
- Must have 2-5 years of relevant M&A experience; with at least 2 years of experience with a top-tier investment bank, private equity firm, venture capital firm, strategy consulting firm, or corporate development group
- Bachelor’s degree required with strong record of academic success
- Experience developing transaction valuation and structure analyses by building discounted cash flow (DCF) valuation models from historical financial statements and operations inputs and incorporating comparable transaction data sets
- Experience working with sellers/management teams, investment banks, legal counsel, and external advisors
- Track record of collaborating on all aspects of M&A deal execution and diligence, including the management of internal and external deal teams
- Experience / background in the healthcare industry preferred but not required
- Exceptional MS Excel, CRM database, and PowerPoint skills.
We have a fun, positive, performance-oriented team. We offer a competitive salary with performance incentives and a great career path.