Dura Software
Based in San Antonio, Texas, Dura Software is a specialist in acquiring, owning and operating “Hyper-Niche” software businesses that fit narrow but mission-critical use cases for business customers. We buy software companies from owners looking for a long-term home for their products and employees, so they can pursue their next project. We operate these companies for the long term with no intention to sell. Sellers know we’ll protect their employees, customers and reputation.
Why you will love it here!
Though we acquire companies, Dura is first and foremost a software operating company with unique business lines. We are extremely culture-focused, collaborative, and operationally intensive. We care about serving customers really well and growing the businesses sustainably and profitably long term. In many ways, we get the best of two worlds: we have the energy, velocity, and growth of a startup, but the operational stability and business intelligence of a seasoned corporation.
Who we are looking for!
Dura Software is experiencing rapid growth and is seeking an Investment Principal for the newly formed Investments and Acquisitions (IA) Team. The Principal will play a vital role in leading the evaluation and analysis of investments in small and medium sized SaaS companies. The Investment Principal will work collaboratively with stakeholders within and outside Dura to execute transactions and monitor them post-close.
Key responsibilities for the Principal include but are not limited to the following.
· Lead the investment process from the IOI stage to deal closing including commercial, financial, legal, tax, insurance, operations and other diligence.
· Lead all aspects of deal analysis including crafting sophisticated financial models, evaluating financing options, negotiating legal documents, and prepare written recommendations for the investment committee and other key Dura parties.
· Develop and manage relationships, and work closely with internal and external stakeholders throughout the investment process. These may include but are not limited to brokers and other intermediaries, sellers, executives, due diligence vendors, investment firms, internal Dura teams and other partners.
· Leverage personal and professional networks to develop investment theses, research industry trends, improve market intelligence, conduct references, and assist with sourcing efforts.
· Remain involved with Dura’s portfolio companies post close including performing periodic investment updates and risk monitoring reviews.
· Work with Dura management and senior team members on various initiatives as the need arises including with respect to strategy, value creation projects, M&A, capitalizations, and other issues.
· Manage, mentor and lead analysts and associates.
Indicators of Success!
· 7+ years of relevant work experience. Recent private equity, M&A (in or outside a corporate development setting), investment banking and/or strategy consulting experience preferred.
· Relevant quantitative academic background. MBA, CFA, CA or other advanced business and/or accounting degrees or designations are preferred.
· Experience and demonstrated interest in learning about, analyzing and working with SaaS and recurring revenue based businesses.
· Strong analytical and quantitative skills to perform in-depth and critical investment analyses.
· Good communication skills, both oral and written.
· Strong interpersonal skills and ability to develop relationships and work collaboratively with a variety of internal and external parties at all levels including the C-suite.
· Proven ability to track, prioritize, and drive multiple concurrent projects to success under tight deadlines.
· Willingness to continuously learn and expand internal knowledge and expertise of different industries, products, and technologies.
· Ability and flexibility to travel periodically for meetings within and outside the U.S.
We offer competitive compensation, a comprehensive benefits package, and equity compensation for top performers. Candidates must be legally entitled to work in the U.S.
To apply for this job please visit recruiting.paylocity.com.