Corporate Development Manager

At LifeStance Health, we strive to help individuals, families, and communities with their mental health needs. Everywhere. Every day. It’s a lofty goal; we know. But we make it happen with the best team in mental healthcare.Thank you for taking the time to explore a career with us. As the fastest growing mental health practice group in the country, now is the perfect time to join our team!LifeStance Health ValuesBelonging: We cultivate a space where everyone can show up as their authentic self.Empathy: We seek out diverse perspectives and listen to learn without judgment.Courage: We are all accountable for doing the right thing - even when it's hard - because we know it's worth it.One Team: We realize our full potential when we work together towards our shared purpose.BenefitsAs a full-time employee of LifeStance Health, the following benefits are offered: medical, dental, vision, AD&D, short and long-term disability, and life insurance. Additional benefits include a 401k retirement savings with employer match, paid parental leave, paid time off, holiday pay and an Employee Assistance Program.Job SummaryLifeStance Health is seeking a dynamic and strategic Corporate Development Manager to drive growth initiatives, focused on mergers and acquisitions (M&A), and including strategic partnerships, and market expansion opportunities. The ideal candidate will have strong financial acumen, analytical capabilities, and deal execution experience to support the company’s long-term strategic goals.Consistent with LifeStance’s values, every member of the LifeStance team is expected to support each other and the mission, which may mean participating in projects and initiatives and performing functions and responsibilities not specifically outlined in this job description. Effective teamwork is critical to success in this role and being a culture carrier of the organization, both in how we operate and as we evaluate opportunities that are a good match with our company.Compensation: $120,000 - 147,000/annually, plus annual bonus potentialKey ResponsibilitiesManage data collection and analysis of new acquisitions by working with corporate and regional teams through the following transaction phases:Acquisition SourcingLead market research, competitive analysis, and industry trend evaluation to identify both strategic and tuck-in acquisitions and other strategic growth opportunities.Developing and cultivating relationships with practice leadership and other influencers in the M&A space, including bankers, brokers and consultants.Analysis of key markets and market segments in relation to LifeStance’s existing business and strategic growth focus, including new markets, CBSAs and into both existing and adjacent specialties.Pre-Term Sheet financial cultural, clinical, and operational analysis and diligenceDevelopment of the investment thesis and key levers that must be evident to ensure value and success.Due DiligenceWork with target to obtain all necessary data and documentation, as applicable, including:Financial and operational dataEMR and practice management system reportsPayor contracts and contracted ratesClinician model and contractsClinician demographics, licensure and credentialing informationEmployee demographics and contractsDevelop financial models, valuation analyses, budgets and business cases to assess potential opportunities, along with scenarios and sensitivity analysis.Preparing, formatting and analyzing data for presentation to key corporate stakeholdersDeal execution:Draft and review all appropriate legal documentation and collaborate with business partners to execute – LOI, Term Sheet, APA, employment agreements, restrictive covenants, etc.Manage deal execution and timing to ensure all key deliverable dates are met and executed in accordance with the planned timelines.Coordinate effectively with target and key business partners to ensure successful deal execution.IntegrationsCollaborate with cross-functional teams including finance, legal, operations, and business development teams to ensure seamless execution and integration of acquisitions and other transactions.Assist in post-merger integration and tracking performance metrics of acquired entities.Act as liaison between sites and corporate staff to ensure efficiency of data collectionUsing collections reports and contracted rates to calculate fixed fee payment tables for clinician payrollSupport the credentialing of clinicians on new payor contracts when necessaryTransitioning applicable licenses and contractsMaintain relationships with investment banks, venture capital firms, and key industry players to stay informed on market dynamics and deal flow.Leverage AI tools to improve analysis, info gathering, synthesis and presentationQualifications and SkillsBachelor’s degree in Finance, Business, Economics, or a related field5+ years of experience in corporate development, investment banking, management consulting, or private equity, ideally with a specialization in healthcareProven experience in financial modeling, M&A execution, and strategic planning. Healthcare M&A and integration experience preferredStrong analytical, negotiation, and project management skillsStrong executive presence and collaboration skills with the ability to present to, and influence, senior executivesExtremely high level of attention to detailSelf-motivated team player with strong inter-personal skills and demonstrated excellent written and verbal communication skillsExcellent organizational and time management skillsHigh level of integrity and discretion in handling confidential informationProficient in Microsoft Excel and PowerPointFamiliarity with corporate finance, capital markets, and transaction structuringPHYSICAL REQUIREMENTSThe physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to sit, stand, bend, talk and hear. The employee is frequently required to walk. The employee must be able to lift and/or move objects up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and the ability to adjust focus.LifeStance provides the compensation range and benefits that it in good faith believes it might pay and/or offer for this position. LifeStance reserves the right to ultimately pay more or less than the posted range and offer additional benefits and other compensation, depending on circumstances not related to an applicant’s sex or other status protected by local, state, or federal law.#LI-TS1LifeStance is an equal opportunity employer. We celebrate diversity and are fully committed to creating an inclusive work environment for all our employees. Learn more about Diversity, Equity and Inclusion at LifeStance.LifeStance Health complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our Human Resources Team at View email address on click.appcast.io. Please note: This contact is intended solely for accommodation requests. Inquiries regarding applications, resumes and applicant status should not be sent to this email address as they will not be reviewed or responded to. To apply for a position, please use our official careers page. #J-18808-Ljbffr