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East 57th Street Partners

Business Development & M&A Associate

East 57th Street Partners, Chicago, Illinois, United States, 60290

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Business Development & M&A Associate

Private Equity Firm | Founder-Led & Family-Owned Business Acquisitions

Location:

• Chicago, IL Metro Area

or

Fort Lauderdale, FL Metro Area

• Candidates must be local and willing to work

in-office

Travel:

• Regular travel to portfolio company locations and acquisition targets

Compensation:



Base Salary:

Up to

$150,000



Bonus:

Short-Term Incentive (STI) target of

0–40% , variable based on achieving defined benchmarks tied to:

– Year-over-year EBITDA growth

– Cash Return on Initial Equity



Incentive Equity:

Participation in new acquisitions



Co-Investment:

Ability to co-invest alongside the firm in future transactions

Role Overview Our client is a growing private equity firm focused on acquiring and scaling

founder-led and family-owned businesses . The firm partners closely with owners and management teams to drive long-term value creation through operational excellence, disciplined growth, and thoughtful capital deployment.

The firm is seeking a

Business Development & M&A Associate

to support

deal sourcing, evaluation, diligence, and transaction execution . This role works directly with senior leadership and plays a meaningful role across the

full lifecycle of acquisitions

— from first conversation with a business owner through close and post-acquisition transition.

This is an opportunity for a motivated professional seeking

real responsibility , direct exposure to founders and operators, and a

clear path to advancement

within a growing private equity platform.

Key Responsibilities Deal Sourcing & Business Development

Support proprietary sourcing initiatives targeting founder-led and family-owned businesses

Conduct outbound outreach to business owners, intermediaries, and referral partners

Build and maintain relationships with bankers, brokers, attorneys, accountants, and industry contacts

Manage inbound deal flow and perform initial opportunity screening

Track pipeline activity and outreach efforts within CRM and internal systems

Deal Evaluation & Investment Analysis

Perform initial financial and qualitative assessments of acquisition opportunities

Build and maintain operating models, transaction models, and return analyses

Support valuation analysis and preparation of investment memoranda

Assist with investment committee presentations and materials

Evaluate strategic fit, risks, and value-creation opportunities

Due Diligence & Transaction Execution

Support financial, operational, commercial, and legal diligence efforts

Coordinate with third-party advisors (QoE, legal, tax, insurance, etc.)

Participate in management meetings, site visits, and diligence calls

Assist with purchase agreement review and transaction structuring

Help manage deal timelines from LOI through close

Post-Acquisition & Portfolio Support

Assist with post-close transition and integration planning

Support tracking of performance against investment thesis and value-creation plans

Provide analytical and strategic support to portfolio companies as needed

Maintain ongoing relationships with management teams and founders

Ideal Candidate Profile

2–5 years of experience in

private equity, investment banking, search funds, transaction advisory, strategy consulting, or operating roles

Strong interest in lower-middle-market investing and founder-led businesses

Solid financial modeling and analytical skillset

Comfortable interacting directly with business owners, executives, and advisors

Highly organized and capable of managing multiple live opportunities simultaneously

Entrepreneurial mindset with strong ownership mentality

Excellent written and verbal communication skills

High integrity, professionalism, and attention to detail

Education

Bachelor’s degree in Finance, Accounting, Economics, or related field required

MBA or advanced degree a plus, but not required

Why This Opportunity

Direct exposure to

business owners and senior decision-makers

Meaningful responsibility across sourcing, diligence, execution, and post-close

Competitive compensation with

performance-based upside

Incentive equity and co-investment

opportunities aligned with deal success

Clear growth path within a lean, execution-oriented private equity firm

Opportunity to help build and scale enduring businesses alongside founders

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