What are the responsibilities and job description for the Private Equity Associate position at Heritage Holding?
Location: Boston, MA
Role Type: Full-Time, In-office
About the Role
Heritage Holding is looking to hire one Full-Time Associate to work out of the firm’s Boston or New York office. We are looking for a highly driven individual who embodies the entrepreneurial spirit, who is a quick learner, shares our passion for acquiring and running businesses, and is ready to take on a large amount of responsibility in the near and long term. This role has the opportunity for career growth and advancement within Heritage and its ecosystem of portfolio companies.
Key Responsibilities
- Develop and manage a robust pipeline of qualified deal leads through cold calls, emails, CRM tracking, and industry research
- Lead sourcing efforts by proactively reaching out to business owners and founders across target industries
- Own relationships with business owners and sellers throughout the deal process
- Own creation of financial models to evaluate investment opportunities
- Lead preparation of internal and external investment materials, including memos and investor presentations
- Coordinate and manage due diligence workflows across legal, financial, operational, and commercial areas
- Support internal Heritage firmwide initiatives
Ideal Candidate Profile
- Recent graduate from undergrad with a track record of academic and extracurricular success
- Strong work ethic and demonstrated desire to learn
- Willingness to work in a fast-paced environment
- Entrepreneurial and team-oriented spirit
- Excellent communication skills, both written and verbal
About Heritage Holding
Heritage Holding is a Boston-based private investment firm targeting lower middle market businesses that generate between two and ten million dollars of EBITDA. Alex de Pfyffer and Ross Porter founded Heritage as a Search Fund after graduating from HBS in 2015. Heritage has since closed on a $220m first institutional fundraise in August of 2024 and completed ~36 acquisitions across 11 platforms in B2B services, including telecom, IT and cyber security services, healthcare services, and skilled trades services.
We’re not just investors; we’re operators. Our team is composed of entrepreneurs, former CEOs, and investors who are passionate about operating small businesses.