Investment Banking Associate

Location: Minneapolis, MN (On-Site)

About the Opportunity

Our client is a premier middle-market investment bank specializing in mergers and acquisitions, strategic advisory, and capital raising within the healthcare industry. The firm partners with healthcare services, healthcare technology, digital health, payer, provider, and pharmaceutical services companies, advising founders, management teams, private equity sponsors, and strategic acquirers on transformative transactions.

The firm is seeking an Investment Banking Associate to join its Minneapolis office. This individual will play a critical role in transaction execution, financial analysis, client management, and business development initiatives while working closely with senior bankers and executive leadership teams.

Key Responsibilities

Transaction Execution

• Lead day-to-day execution of M&A transactions, recapitalizations, and strategic advisory engagements.
• Develop and oversee detailed financial models, including operating models, valuation analyses, merger consequences analyses, and LBO models.
• Prepare confidential information memoranda (CIMs), management presentations, investor presentations, teasers, and other transaction marketing materials.
• Coordinate due diligence processes and manage virtual data rooms.
• Interact directly with buyers, investors, lenders, clients, and third-party advisors throughout transaction processes.
• Analyze company performance, market dynamics, and industry trends to support strategic recommendations.

Financial Analysis & Valuation

• Perform valuation analysesutilizing:
  • Discounted Cash Flow (DCF)
  • Public Comparable Companies
  • Precedent Transactions
  • Leveraged Buyout (LBO) Analyses
• Evaluate key operating metrics, customer trends, growth drivers, and profitability indicators.
• Build and maintain complex financial models under tight timelines and evolving transaction circumstances.

Client & Project Management

• Serve as a primary point of contact for client finance teams and management groups.
• Coordinate internal workstreams among analysts, associates, vice presidents, and managing directors.
• Manage transaction timelines and ensure quality control across all deliverables.
• Mentor and provide guidance to analysts and junior team members.

Business Development

• Support senior bankers in preparation of pitch materials and strategic presentations.
• Conduct market research and industry analysis across healthcare sectors.
• Identify industry trends, acquisition opportunities, and emerging market themes.
• Participate in client meetings, management presentations, and networking events.

Qualifications

Required

• Bachelor's degree in Finance, Accounting, Economics, Business, or a related discipline.
• 3-5 years of relevant experience in investment banking, transaction advisory services, valuation, private equity, or corporate development.
• Strong financial modeling and valuation capabilities.
• Experience supporting or leading M&A transaction execution.
• Advanced proficiency with Excel and PowerPoint.
• Exceptional analytical, communication, and organizational skills.
• Ability to manage multiple projects simultaneously in a fast-paced environment.

Preferred

• Healthcare or TMT industry transaction experience.
• Experience working with founder-owned businesses, private equity-sponsored companies, or healthcare technology businesses.
• CFA, CPA, or progress toward a professional certification.
• Familiarity with Capital IQ, PitchBook, FactSet, and other financial databases.

What the Role Offers

• Significant client exposure and responsibility.
• Direct interaction with senior investment bankers and executive leadership teams.
• Opportunity to work on high-profile healthcare M&A transactions.
• Accelerated professional development and mentorship.
• Competitive compensation package including base salary, annual bonus, and comprehensive benefits.

Expected Compensation:

Base: Associate 1 -- $175k | Associate 2 -- $200k

Bonus: Discretionary