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Access Holdings

Principal, Private Equity

Access Holdings, Baltimore, Maryland, United States, 21276


Access Holdings Management Company LLC is a Baltimore-based middle-market investment firm with over $2.8 billion in assets under management. Founded in 2013, Access provides direct investment opportunities to create concentrated portfolios of essential service-based businesses in North America. We undertake active build-and-buy strategies, pursuing what we want to own, great markets and distinct business models. In doing so, Access partners, scales, and innovates to build enduring businesses. For more information, please visit www.accessholdings.com.

Position Description

The Principal role is a Partner-track, senior leadership position within the firm. Leveraging a decade or more of private equity investing and value creation experience, a Principal will manage and coordinate a multi-disciplined team and drive Access' efforts across the investment life cycle including investment thesis generation, deal sourcing, deal execution, debt and equity capital raising, portfolio management, and successful exit of portfolio investments. Additionally, the Principal will further expand the reach of the firm by building and maintaining trust-based relationships with key parties (e.g., investors, bankers, portfolio company executives, investment targets, advisors, and limited partners) while serving as a senior leader of the firm. The successful candidate will be initially based in Access' Baltimore headquarters office but may transition by mutual agreement to our NYC offices.

Responsibilities

Lead and directly manage development of investment themes and approaches, taking a leading role in guiding the research and analysis of prospective investments, engaging with potential partners / owners / operators to source new platforms

Lead and oversee investment teams tasked with key functions of a transaction including financial modeling, investor presentations, due diligence frameworks, and lender presentations

Coordinate all aspects pertaining to execution of investment transactions across all parties involved (e.g., legal counsel, operations, insurance, benefits, IT, human resources and other third-party diligence providers, investors, internal operations, and portfolio company management)

Directly lead negotiations with potential investment partners, including, but not limited to letters of intent, term sheets, purchase agreements, credit agreements, and executive employment agreements

Develop engaging, trust-based relationships with portfolio executives and senior leadership

Lead investment teams to monitor the performance and risk profile of existing portfolio investments

Guide preparation and presentation of investment transaction information, by stage, to the investment committee

Guide and oversee investment teams in the creation and maintenance of deal flow databases by identifying potential targets and preparing company specific due diligence reports and analysis

Oversee the conduct of market and industry research, while qualifying investment opportunities and providing rolling updates

Mentor and train investment professionals

Stay informed on capital market dynamics, provide appropriate information for disclosure, keep tracking policies and regulatory compliances

Actively engage, prepare, and participate in board meetings of Portfolio Companies

Ensure the maintenance of ongoing relationships with third parties and support fundraising effort by building investor relationships

Skills & Characteristics

Demonstrated ability and interest in working within a small, entrepreneurial team

Carries and conveys a healthy sense of urgency

Exceptional communication skills (verbal and written) leading to effective communication and promoting a healthy meritocracy culture

Ability to comfortably interact with senior management (internal & external)

Hands-on, entrepreneurial leader – ideas and actions

Inspires and engages internal and external teams

Self-initiating but in an aligned manner with Access' strategy and culture

Constantly looking ahead; anticipating and guiding (proactively)

Outstanding collaborator across all levels who excels building internal and external alignment on ideas, actions, recommendations

Curious, creative, and ambitious

Passion for investing and learning about new industries

Appetite to become a subject matter expert in broad and diverse industries

Strong understanding of accounting, finance, and capital structure

Demonstrated success providing outstanding financial modeling and analytical skills training to investment team professionals

Requirements

Successful candidates will have the following attributes:

10+ years of professional experience

MBA from a top tier university (preferred)

Strong M&A and deal execution experience from a top investment bank and private equity firm

Must be eligible to work in the U.S. without requiring sponsorship now or in the future

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