M&A Associate

Luxury M&A Consultant

Richemont, one of the world leaders in the luxury sector, has various Houses specializing in jewelry, watches and high-end accessories. Each Maison proudly embodies a tradition of style, quality and craftsmanship and Richemont strives to preserve the heritage and identity specific to each of them. At the same time, we are committed to innovating and designing new products in line with the values ??of our Houses, through a process of permanent creativity.

How Will You Make An Impact?

• Assist the M&A team in executing key corporate development projects, including, among others, joint ventures, minority investments, acquisitions, mergers and disposals, as well as related post-merger integration processes
• Support the M&A team in the review of potential investment opportunities: assessment of business model and financials, valuation, preparation of company profiles, preparation of investment memos to inform go/no-go decisions
• Prepare detailed buy-side business plans (P&L, B/S, Cash Flows) when required in the context of a transaction and perform critical analysis of sellers' business plans
• Perform valuation analysis with the relevant valuation methodologies (including DCF, trading and transaction comps, etc) depending on deal type and stage of target's development
• Carry out analysis of projects return and payback period of investments
• Support the M&A team with project management during due diligence processes (including virtual data room management) and post-merger/acquisitions integrations
• Coordinating internal shareholders across regions, functions and Maisons to support the integration of newly acquired businesses
• Monitor M&A transactions in the luxury goods space and maintain and update databases of relevant transaction and trading comparable multiples
• Assist the M&A team as needed to ensure preparation for important meetings, attend relevant meetings, taking minutes and documenting key outcomes and next steps

How Will You Experience Success With Us?

• A minimum of 4/5 years of work experience in a similar in-house M&A role or in investment banks or M&A boutiques, with coverage of retail or consumer goods businesses. Exposure to the luxury goods sector considered as a plus
• Fluency in English. French considered as a plus
• Excellent knowledge of Word, Excel, PPT
• Availability to travel abroad
• Sharp, curious, willing to learn and be challenged
• Work ethic - Flexibility to work long-hours and week-ends if and when needed
• Ability to manage multiple priorities simultaneously
• Strong analytical skills, including excel modelling
• Solid valuation and business planning skills
• Knowledge of financial statements and financial modelling skills
• Hard-working - candidates should have an excellent work ethic
• Excellent written and verbal communication skills
• Ability to work with a wide spectrum of people inside and outside the firm (across different seniorities, strategic partners and consultants)
• Highly discreet - absolute trust and confidentiality required