Logo
North Park Group

Business Development and M&A Associate

North Park Group, Chicago, Illinois, United States

Save Job

Business Development & M&A Associate North Park Group is a private family office investment group of business operators based out of Fort Lauderdale, FL and Chicago, IL. We focus on the acquisition of family-owned United States based manufacturing and distribution businesses with the strategy to hold and grow them. We believe in the fundamentals that make family-owned businesses great: People, Customer Service, Teamwork, Continuous Improvement, and Long-term Value Creation. We have the flexibility and creativity to tailor our investment to meet the business characteristics and shareholder goals. With a focus on small and middle market businesses, we understand the challenges and opportunities facing niche businesses.

We are now looking to bring in a Business Development & M&A Associate to support deal sourcing, evaluation, diligence, and transaction execution. This role will work directly with senior leadership and play a meaningful role across the full lifecycle of acquisitions — from first conversation through close and post-acquisition transition.

This is an opportunity for someone who wants real responsibility, exposure to business owners and operators, and a clear path to growing into a senior investing role.

Key Responsibilities Deal Sourcing & Relationship Management

Source acquisition opportunities through business brokers, intermediaries, direct outreach, and proprietary channels

Build and maintain relationships with business owners, advisors, lenders, and M&A intermediaries

Track and manage deal pipeline activity using CRM and internal tools

Represent North Park Group professionally in outreach, meetings, and conferences

Deal Evaluation & Execution

Screen opportunities and prepare initial investment summaries

Build and maintain financial and operating models

Support valuation analysis and deal structuring

Coordinate due diligence across financial, legal, operational, and commercial workstreams

Assist with LOI preparation, transaction documentation, and closing processes

Work closely with external advisors (accountants, attorneys, lenders)

Post-Acquisition Support

Assist with transition planning and early post-close initiatives

Support portfolio company strategic and operational projects as needed

Qualifications

2–5 years of experience in private equity, investment banking, transaction advisory, corporate development, search fund/ETA, or related fields

Strong financial modeling and analytical skills

Comfortable interacting with business owners and senior executives

Highly organized, detail-oriented, and able to manage multiple workstreams

Self-starter who thrives in a lean, entrepreneurial environment

Willingness to travel periodically for deal work

Manufacturing or industrial experience is a plus, but not required.

Personal Attributes

1️⃣ Relationship-First, Not Transaction-First

Comfortable building long-term trust with owners and brokers

Listens more than they talk

Understands that sourcing is about credibility and consistency, not spamming CIMs

2️⃣ Owner Mindset

Thinks like a business owner, not an analyst

Naturally asks: "Would I want to own this?"

Cares about quality, durability, and downside protection

3️⃣ Comfort With Ambiguity

Doesn’t need a playbook for everything

Comfortable working with imperfect data and evolving priorities

Can move a deal forward without waiting for permission

4️⃣ High Integrity + Low Ego

Honest with brokers, sellers, and teammates

Will say “we’re not the right buyer” when appropriate

Doesn’t oversell or bluff

5️⃣ Process-Oriented but Not Bureaucratic

Organized, disciplined, and reliable

Keeps pipelines clean and follow-ups tight

Doesn’t create busywork or unnecessary memos

6️⃣ Commercial Curiosity

Genuinely interested in how businesses make money

Asks smart questions about customers, pricing, labor, capex

Enjoys factory floors and operator conversations

7️⃣ Resilient & Patient

Understands that 95%+ of deals do not close

Doesn’t get discouraged by slow processes or dead deals

Keeps showing up consistently

8️⃣ Strong Written & Verbal Communicator

Can write clean, concise outreach emails

Can summarize complex deals simply

Comfortable talking to owners, brokers, lenders, and lawyers

9️⃣ Bias Toward Action

Follows up without being asked

Moves deals forward proactively

Balances speed with judgment

Long-Term Orientation

Not chasing a two-year resume flip

Motivated by building something durable

Aligned with reinvestment and compounding over time

Work Environment

Normal office environment

Some travel (25%) will be required

Locations:

Chicago, IL

St. Charles, IL

Madison, OH

Memphis, TN

Wichita, KS

Fort Lauderdale, FL

Compensation Range

Base range - $100-200K depending on qualifications

Bonus - STI incentive target of 0-40% - variable based on achieving specific benchmarks in year-over-year EBITDA growth and Cash Return on Initial Equity.

Incentive equity in new deals

Ability to co-invest in future North Park Group acquisitions

Seniority Level Mid-Senior level

Employment Type Full-time

Job Function Business Development and Sales

Industries Venture Capital and Private Equity Principals

#J-18808-Ljbffr