Search Fund Intern MBA/Undergrad (Toronto)
February 01, 2024
by a searcher from University of California, Santa Barbara in Toronto, ON, Canada
If you are/can be comfortable with
A. Working independently
B. Calling strangers on the phone
C. Taking on more and more responsibilities
Read on.
Open Sails Partners is a search fund that invests in lower market companies (EBITDA $1 to 3M) in Ontario. We are seeking ambitious interns with lots of grit to join our team.
Your responsibility
1. Proprietary Deal Sourcing: Actively search and build databases of right opportunities for the fund to pursue acquisitions, including reaching out to potential targets for initial discussions (cold-calling and email campaigns)
2. Market Research: Conduct thorough market research to understand industry trends, competitive landscape, and business models of potential targets
3. Manage Financial Models: Analyze company valuations and leveraged cash flow projections for acquisition scenarios
4. Due Diligence Support: Assist in the due diligence process for new opportunities.
What you will get in return
1. Hands-on experience in business sourcing and acquisition
2. Weekly mentorship sessions with fund partners
3. Building your network with advisors, bankers and business owners
4. Referral and recommendation letters
5. Opportunity for a bonus with successful acquisition
The minimum time commitment is 20 hours a week.
If you are interested, email me at redacted and attach 1) your resume and 2) any slide presentation you’ve worked on in the past.
from McMaster University in Hamilton, ON, Canada
from Humber College in Toronto, ON, Canada