Director, Corporate Development

Apogee Enterprises, Inc.•Minneapolis, MN

8d•$160,000 - $210,000•Hybrid

About The Position

The Director of Corporate Development is primarily responsible for leading/supporting all aspects of corporate development that includes but is not limited to acquisition and divestiture process for the enterprise to support Apogee’s growth objectives. In this role, you will provide guidance and process to identify and develop long-range M&A strategy for the enterprise, as well as goals and opportunities that could fill strategic gaps and drive profitable growth. This includes deal identification and sourcing, development of business cases in support of inorganic growth initiatives, modeling transaction scenarios, execution of highly complex M&A opportunities, and integration leadership. Reporting to the Vice President of Business Development, you will often lead broad, multi-functional matrixed senior teams that are assembled to work on specific projects, as well as engagement with the Apogee Board.

Requirements

Undergraduate degree
Education in Finance, Accounting, or other business curriculum
7+ years of direct M&A transaction execution experience (required)

Nice To Haves

MBA (preferred)
Direct M&A integration execution experience (preferred)
The successful candidate would have a good network in the deal origination and investment banks.

Responsibilities

Develop an acquisition strategy and pipeline.
Support the sourcing and evaluation of acquisition candidates aligned with company strategy.
Manage special projects that include competitive analysis, market surveillance, and M&A scenario analysis.
Partner with the Apogee Leadership Team to understand and develop strategic direction and acquisition/alliance priorities.
Define merger, acquisition divestment, and alliance strategies within the parameters of the overall Apogee strategy.
Develop and deploy a robust acquisition pipeline process supporting business priorities.
Work with business teams to plan ongoing outreach programs to develop relationships with targets.
Identify and screen potential acquisition/partnering targets, making appropriate contacts.
Work with business deal sponsors to evaluate opportunities.
Work with investment banks and key bankers to know of the deal pipeline in the industry and also ensure understanding of the financial modeling with the lead bankers for the potential transactions.
Design and lead an effective acquisition and divestiture due diligence process.
Manage, support, and coordinate due diligence activities.
Screen, analyze and develop a strong business case for each acquisition, including quantitative support for annual operating plan and investment activities.
Lead the due diligence process including market strength, technology assessment, competitive position, and operational effectiveness to validate growth and performance improvement initiatives.
Lead/support financial due diligence, including current and projected performance, to ensure a comprehensive financial and strategic rationale, and accurate expectations and financial transaction modeling.
Lead/support valuation modeling and provide valuation expertise, including the internal preparation process for divestitures and quarterback the sale process from start to finish.
Develop and present business plans and scenarios that support the case for acquisition/divestiture.
Support determination of deal structure and deal negotiations and facilitate the enterprise approval process for all deals.
Lead effective execution of acquisition and divestiture processes.
Lead and coordinate integration activities from deal origination to post-close integration in coordination with VP of Business Development and external partners.
Develop and drive the agenda for integration matters, which includes coordinating business units, functional teams, and formulating recommendations for senior management and the Board
Oversee the integration risk management process, identifying these risks and issues that need to be escalated to senior management and/or the Board during due diligence process through integration execution
Actively follow up on issues/risks/actions, escalating where necessary
Support monthly ESC (Exec Steering Committee) meetings, including developing a supporting deck with functional area updates combined with synergy performance tracking KPI's
Drive successful execution against plan by tracking milestones, making key recommendations to stakeholders, and holding cross functional team accountable for execution of deliverables
Provide relevant and timely stakeholder communications to all levels of management (formal and informal reporting) on the status and progress of the integration plans, costs and benefits
Ensure successful handoff to business team after post-closing activities are completed
Effective leadership and execution of transition services agreement and/or other related ancillary agreements as point of contact with a buyer
Lead and support complex enterprise projects.
Provide project management support and coordination of day-to-day transformation program execution across the broader enterprise.
Project manage multiple strategic initiatives that span business functions and segments, ensuring on-time delivery against milestones, tracking of value delivery, and rapid mitigation of risks through early identification and escalation.
Partner closely with initiative leads to create detailed and comprehensive work plans.
Support business and functional partners through stage gate process.
Work closely with Finance to track value capture progress and flag impacts to overall value

Benefits

Competitive Benefits Package for employees and their dependents (Medical, Dental, Vision, Life, Disability)
Incentive Plans
401(k) with employer contribution and match
Employee Stock Purchase Plan with employer match
Paid Time Off (Vacation and Sick Time)
Paid Holidays
Tuition Reimbursement Program
Employee Assistance Program (EAP)
Wellness Program
Training and Career Progression