SEARCH FUND INTERNSHIP AT PROGRESSION CAPITAL IN LONDON

Progression Capital


first posted on:
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ideal start date:
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Progression Capital is seeking interns to help find and acquire a British business. Interns will be conducting a lot of exciting work including industry analysis, building target lists, contacting prospects, building financial models, and learning about leveraged buyout due diligence and valuation. This internship will give you a taste of working for Private-Equity and Investment Banking. Skills acquired will also help towards becoming an entrepreneur. The Candidate: The ideal candidate will be well-organised, analytical and a self-starter. We are looking for someone who is able to challenge our way of thinking and bring new energy into the process. Any experience working on tools related to industry or company analysis and CRM (especially HubSpot) will go a long way. Attention to detail, excellent communication skills, both written and oral, an understanding of financial statements and a strong interest in a particular industry such as tech, manufacturing or services is a big plus. This is a fully remote opportunity with flexible working hours. However, based on your location, there may be an opportunity to interact periodically. Responsibilities: List building in particular industries, Source acquisition targets through searching in industry verticals, evaluating businesses based on our identified criteria, helping improve the sourcing process through creative ideas. Analyze Investment Memorandums prepared by brokers and summarize whether a deal is worth pursuing and why. - Prepare due diligence questions and materials. - Analyze acquisition targets’ markets, financials, business models, customer experiences, and competitors. - Develop investment thesis, build leveraged buyout models, and calculate research-backed valuation recommendations. - Proactively identify value-adding projects and initiatives. We have multiple live deals we are doing diligence on, presenting a unique opportunity for learning. Company Description: Progression Capital is a UK Search Fund set up by a team of Cambridge MBAs that is focused on acquiring a British business that meets our investment criteria, with the objective of turning this business into an industry leader. We understand that selling a business is more than just a transaction for the founder(s), therefore once acquired, we will deliver long-term growth by joining in the day-to-day operations of the business, nurturing its values, core strengths, and further maximising its potential through expansion, increased efficiencies, digital transformation and any other means necessary. Learn more about us at https://www.progressioncapital.co.uk. To learn more about the role please contact [redacted]


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