Spotless Brands
Director of Mergers & Acquisitions
Spotless Brands, Oakbrook Terrace, Illinois, United States,
Position Overview
The Director of M & A oversees all potential mergers and acquisition planning and outreach activity of existing operators for Spotless Brands throughout the US. The Director also oversees all activities of junior M & A personnel as well as ensuring car wash operators, brokerage networks, and other relationships consider Spotless Brands as the first priority for acquisition opportunities.
Essential Functions (Other Duties as Assigned)
Execute target identification, succession planning and target pipeline maintenance and quantitative analysis of target information and diligence gathering to determine favorabilityResponsible for maintaining contact with large numbers of independent owners and competitive or strategic targets and for tracking pipeline activity of acquisitionsMeet with potential sellers onsite / in market to develop relationshipsIn market site visits of potential acquisitionsOversee contract negotiation and execution, deal execution, and closing processes on all M & A opportunitiesRegularly prepare and deliver updates to the VP of Development as well as various executive leaders, and under the guidance of the VP of Development, will work closely with Market Development and Corporate Development teams and collaborate with leadership to execute Spotless' market growth strategy effectivelyActively maintain the M & A pipeline distribution to the Spotless executive teamConnect with field sales leaders to gain feedback for succession planning reviews and field engagement of acquisition targets and planningPrepare analysis of financial & sales documents from acquisition targetsGather diligence for acquisition target viabilityDevelop summary market and diligence information to build acquisition targets into corporate forecast and acquisition processTrack accuracy of target pipeline and project flow and key milestones to ensure timely execution of transactionsProvide reporting and analysis to executive level stakeholdersAttends regional trade shows and conventions to include ICSC, etcOther duties as requested, directed, or assignedRequirements (Education, Certifications, Knowledge, Skills, and Abilities):
Bachelor's degree in business, real estate, or related field.At least 7 years' experience in mergers and acquisitionsPrefer candidate have existing broker relationshipsStrong negotiating skills.Strong knowledge of the M & A deal execution process and transactionsHighly proficient in financial modeling and forecastingStrong analytical skills and attention to detailDetailed understanding of LOI, PSA, and lease termsDemonstrated organization and project management skillsHighly proficient in Microsoft PowerPoint, Excel, and Word.Self-starter with an ownership mentality and a strong sense of drive and urgency to meet goals in a fast-paced development environmentExcellent stage presence and comfort presenting to large groups of peopleDemonstrated ability to troubleshoot problems, resolve conflicts, and set directionPhysical Requirements:
Travel requirements will range from 25%-40%
This job description in no way states or implies that these are the only duties to be performed by the employee(s) in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
A review of this position has excluded the marginal functions of the position that are incidental to the performance of fundamental job duties. (All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent(s) will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others). The requirements listed in this document are the minimum levels of knowledge, skills and abilities.
The Director of M & A oversees all potential mergers and acquisition planning and outreach activity of existing operators for Spotless Brands throughout the US. The Director also oversees all activities of junior M & A personnel as well as ensuring car wash operators, brokerage networks, and other relationships consider Spotless Brands as the first priority for acquisition opportunities.
Essential Functions (Other Duties as Assigned)
Execute target identification, succession planning and target pipeline maintenance and quantitative analysis of target information and diligence gathering to determine favorabilityResponsible for maintaining contact with large numbers of independent owners and competitive or strategic targets and for tracking pipeline activity of acquisitionsMeet with potential sellers onsite / in market to develop relationshipsIn market site visits of potential acquisitionsOversee contract negotiation and execution, deal execution, and closing processes on all M & A opportunitiesRegularly prepare and deliver updates to the VP of Development as well as various executive leaders, and under the guidance of the VP of Development, will work closely with Market Development and Corporate Development teams and collaborate with leadership to execute Spotless' market growth strategy effectivelyActively maintain the M & A pipeline distribution to the Spotless executive teamConnect with field sales leaders to gain feedback for succession planning reviews and field engagement of acquisition targets and planningPrepare analysis of financial & sales documents from acquisition targetsGather diligence for acquisition target viabilityDevelop summary market and diligence information to build acquisition targets into corporate forecast and acquisition processTrack accuracy of target pipeline and project flow and key milestones to ensure timely execution of transactionsProvide reporting and analysis to executive level stakeholdersAttends regional trade shows and conventions to include ICSC, etcOther duties as requested, directed, or assignedRequirements (Education, Certifications, Knowledge, Skills, and Abilities):
Bachelor's degree in business, real estate, or related field.At least 7 years' experience in mergers and acquisitionsPrefer candidate have existing broker relationshipsStrong negotiating skills.Strong knowledge of the M & A deal execution process and transactionsHighly proficient in financial modeling and forecastingStrong analytical skills and attention to detailDetailed understanding of LOI, PSA, and lease termsDemonstrated organization and project management skillsHighly proficient in Microsoft PowerPoint, Excel, and Word.Self-starter with an ownership mentality and a strong sense of drive and urgency to meet goals in a fast-paced development environmentExcellent stage presence and comfort presenting to large groups of peopleDemonstrated ability to troubleshoot problems, resolve conflicts, and set directionPhysical Requirements:
Travel requirements will range from 25%-40%
This job description in no way states or implies that these are the only duties to be performed by the employee(s) in this position. Employee(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
A review of this position has excluded the marginal functions of the position that are incidental to the performance of fundamental job duties. (All duties and responsibilities are essential job functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent(s) will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others). The requirements listed in this document are the minimum levels of knowledge, skills and abilities.