Mergers & Acquisitions Associate Intern

Job Description

Job Description

Description:

Company: Empower Aesthetics

Private Equity Sponsor: Shore Capital Partners

Industry Sector: Healthcare / Medical Aesthetics

Location: Austin, TX

Opportunity Snapshot

Empower Aesthetics (“Empower”) and Shore Capital Partners (“SCP”) are seeking a Mergers & Acquisitions Associate to

support acquisitions and other Business Development initiatives for our exciting new platform investment in the medical

aesthetics / medical spa space, launched in 2022. The headquarters of Empower and the location of this role is in Austin,

Texas. Empower’s focus is on managing and growing medical aesthetics practices, which offer a wide variety of minimally

invasive, non-surgical cosmetic services including injectables (like Botox and fillers), body contouring, laser and needle-

based skin services, and aesthetician services.

About Shore Capital Partners

Shore Capital Partners (“SCP” or Shore”) is a leading microcap healthcare-focused private equity firm based in Chicago,

IL. SCP proactively seeks to identify attractive industry niches within healthcare, recruit best-in-class board members,

invest in companies poised for transformational growth, and deliver post-investment services and operational expertise to

drive equity value creation. SCP has greater than $3 billion in committed capital which has resulted in 52 platform

investments, 750+ add-on investments and 13 exits. SCP has successfully launched 27 platforms in various specialties of

multi-site healthcare, including but not limited to women’s health, veterinary, dental, orthodontics, and behavioral health.

Shore’s exits have yielded a multiple of invested capital of 7.0x and an internal rate of return of 72% on average, which

places SCP in the top 1% of private equity firms. Shore’s worst exit to date is 3.0x cash-on-cash return (15-month hold

period) and its best exit generated a 20.0x cash-on-cash return.

Role Overview

The Mergers & Acquisitions Associate will be responsible for supporting the execution of Empower’s add-on growth strategy,

including developing a robust pipeline of affiliation targets, financial and operational analytics and modeling, and transaction

diligence and execution. The individual will report directly to the Chief Development Officer and will have a high level of

visibility and interaction with the rest of the executive management team and with the Shore Capital Partners team.

Empower’s primary growth engine is successfully acquiring and integrating add-on practices, and the Company is expected

to close a high volume of deals. This is an excellent position for an individual that has 2+ years of experience within private

equity, investment banking, transaction advisory, or another financial or financial advisory institution, is eager to gain quality

deal repetitions to develop their M&A experience, and has broader Mergers & Acquisitions and management aspirations.

Responsibilities

• Support the execution of add-on acquisitions
• Coordinate with sellers to advance deals through the pipeline
• Lead and perform deal-related analysis, including financial modeling and due diligence review
• Coordinate financial due diligence and support the executive team in deal structuring and negotiations for add-ons; work with legal counsel and lenders as required
• Generate scorecards evaluating add-on opportunities and summarize the information to the executive team
• Develop in-depth acquisition memorandums and present investment rationale to senior management
• Assist in the tracking and reporting on our robust pipeline of add-on targets
• Work closely with the executive management team in the development of presentation materials for weekly
• investment committee meetings and quarterly meetings with our Board of Directors

Necessary Skills

• Strong financial modeling skills
• Strong organizational skills; must be able to manage and prioritize multiple business objectives and projects with theproper sense of urgency
• Effective written, verbal, and electronic communication that is professional in both content and delivery
• Desire to learn and execute entire deal process from initial screening to transaction close
• Advanced Microsoft Excel, PowerPoint, and Word skills
• Ability to maintain confidentiality
• Ability to work in an autonomous, fast-paced environment
• Ability to travel occasionally as needed

Professional Qualifications

• Bachelor’s Degree in Business, Finance, Accounting, or Economics
• 2+ years of professional experience in finance and accounting, valuation, and/or business strategy
• Experience executing M&A transactions or conducting related analyses and diligence processes

Unwritten Responsibilities: This job description in no way states or implies that these are the only duties to be performed

by this employee. He/she may be required to follow other instructions and to perform other job duties requested by his/her

supervisor, including cross-training and accountability for other job responsibilities.

Compensation: Compensation will be competitive and commensurate with experience, and will include an attractive base

salary, deal bonuses, and a comprehensive benefits package

Responsibilities

• Support the execution of add-on acquisitions
• Coordinate with sellers to advance deals through the pipeline
• Lead and perform deal-related analysis, including financial modeling and due diligence review
• Coordinate financial due diligence and support the executive team in deal structuring and negotiations for add-ons; work with legal counsel and lenders as required
• Generate scorecards evaluating add-on opportunities and summarize the information to the executive team
• Develop in-depth acquisition memorandums and present investment rationale to senior management
• Assist in the tracking and reporting on our robust pipeline of add-on targets
• Work closely with the executive management team in the development of presentation materials for weekly
• investment committee meetings and quarterly meetings with our Board of Directors