M&A Associate

Emergence • New York, NY

16h • Hybrid

About The Position

Emergence buys and operates technology companies for the long term, keeping their founders and leadership teams in charge while providing shared systems, standards, and support. The company owns multiple businesses across three verticals and organizes acquisitions into focused thematic portfolios supported by domain expertise and operational playbooks.

The M&A Associate owns investment execution end to end, from initial review through closing, on majority buyout transactions in enterprise software. The role combines operational and financial diligence to assess and acquire category-defining software businesses, with work spanning sourcing and thesis development, deal analysis, execution, and post-close integration planning. The role is hybrid, with three to five days per week in Emergence’s New York City office, and reports to the Head of M&A. OTE is $175,000 to $250,000.

Requirements

• Two to four years of experience in private equity, growth equity, or investment banking, with direct deal execution exposure.
• Experience running a full diligence process and contributing directly to a closed transaction.
• Deep understanding of enterprise software and SaaS business models, with the ability to assess a business independently.
• Strong financial modeling skills across LBO, DCF, and SaaS-specific KPI frameworks.
• Ability to write a clear, concise Investment Committee memo that stands on its own.
• Experience advancing a deal opportunity from the bottom up, independently running a data room, and challenging a deal with quantitative reasoning.
• Strong ownership, attention to detail, willingness to take initiative, and openness to changing a business assessment when the data supports it.

Nice To Haves

• Experience with majority buyout structuring and complex transaction terms.
• Prior exposure to post-acquisition integration planning and operational underwriting.
• Software-focused private equity or growth equity background.

Responsibilities

• Lead financial and operational due diligence on acquisition targets, owning the workstream from kickoff through Investment Committee.
• Qualify new opportunities, assess their fit with Emergence’s investment thesis, and drive new thematic portfolio efforts.
• Build financial models covering unit economics, SaaS KPIs, valuation, and operating leverage.
• Run quality of earnings analyses and ensure financial fidelity across revenue growth assets and working-capital cash generators.
• Drive confirmatory due diligence across financial, commercial, operational, legal, tax, and technology workstreams.
• Write and present Investment Committee memos with clear diligence findings and a defensible point of view.
• Assess and synthesize deal terms and majority buyout structures, identifying risks in negotiated positions.
• Collaborate with legal, finance, and operations teams to execute transactions and plan post-close integration.
• Develop retention analyses and customer cohort analyses to evaluate acquisition targets’ pipeline health.

Benefits

• Competitive base compensation with bonus.
• Meaningful carry participation.
• Direct ownership of deal execution and exposure to sourcing, closing, and post-acquisition integration.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed