Lead of Mergers and Acquisitions & Corporate Development, Compass
$125-145k
Real estate technology platform
Job no longer available
Real estate technology platform
1001+ employees
Job no longer available
$125-145k
1001+ employees
Company mission
To help everyone find their place in the world.
Role
Who you are
- 7+ years of experience, at a top tier investment bank, private equity firm, corporate development team at a publicly traded company, or Transaction Services group at a top tier consulting firm
- Ability to work independently to own an M&A deal end-to-end, including negotiating directly with business owners and managing a diligence process
- Ability to conduct rigorous financial and operational due diligence on Target companies
- Ability to manage third party diligence providers through project inception to purchase agreement negotiations
- Superior analytical skills, deal structuring & business valuation capabilities
- Track record of owning negotiations as part of a corporate development team
- Demonstrated ability to own a deal process and project-manage cross-functionally across a broad set of internal stakeholders
- Proficiency in merger, stock and asset agreement terms and negotiations
- Strong written and oral communication skills
What the job involves
- Compass is looking for high energy, driven professionals with sound business acumen, strong technical and analytical aptitude and natural relationship building instincts to join our Mergers & Acquisitions division. The M&A / Corporate Development Team is driving top-line revenue growth, making our 30x30 vision achievable
- The M&A / Corporate Development team at Compass partners with our executive team and business leaders to drive growth and expansion into new markets and new lines of business
- As a Lead of Mergers and Acquisitions & Corporate Development you will drive the M&A deal process, including valuation, deal structuring, diligence, and integration
- You will report to the Senior Manager, M&A to acquire high quality companies across our business lines
- You will have the opportunity to work independently, manage your own deals and will have the authority and autonomy to make a direct impact on the company
- You will also be asked to complete other impactful projects directly for the executive team
- Work with our executive team and business partners to acquire high quality companies
- Manage acquisitions from sourcing to negotiation and deal execution, through to the integration phase
- Work across several lines of business from brokerage to services such as title & escrow, mortgage, and beyond
- Work on strategy-related projects for our executive team
Our take
Compass uses an AI-driven platform to smooth out and speed up the process of buying, selling, or renting property. It functions much like a traditional broker, but employs tech to reduce the time, uncertainty, cost and friction of transactions for buyers, sellers & agents.
It's disrupting a sector so far largely averse to tech innovation, allowing users to close deals in less time than the industry average of 30-45 days. Compass is now the largest independent real estate brokerage in the USA, with over 29,000 agents nationwide.
Despite being a leading residential brokerage and competing well, Compass has remained unprofitable. While the company is replanning its cost structure to be profitable over the next year, it announced its third round of payoffs in early January 2023. Its profit-generating plans include expanding into mortgages, escrow & title services.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 9 rounds)
Jul 2019
$370m
SERIES G
Sep 2018
$400m
SERIES F
Total funding: $1.5bn
Company benefits
- Flexible Working
- Work From Home Opportunities
- Paid Vacation, Holidays, Sick Time
- Paid Parental, Marriage, and Recharge Leave
- Medical, Tele-Health, Dental and Vision Benefits
- 401(k) Plan
- Flexible Spending Accounts (FSAs)
- Commuter Program
- Life and disability insurance
- Maven (a support system for new parents)
- Carrot (fertility benefits)
- UrbanSitter (caregiver referral network)
- Employee Assistance Program
- Pet Insurance
Company values
- Dream big
- Move fast
- Learn from reality
- Be solutions-driven
- Obsess about opportunity
- Collaborate without ego
- Maximise your strength
- Bounce back with passion
Company HQ
Midtown Manhattan, New York, NY
Articles
Leadership
Robert Reffkin
(CEO)After 2 years at McKinsey, Robert worked as a Lazard Associate and White House Fellow. They joined Goldman Sachs in 2006, where they worked as VP of Principal Investment before leaving in 2012 to found Compass. Alongside this, Robert ran 50 marathons in 50 states to raise $1 million dollars for for youth education and enrichment programs.
People progressing
Neda joined Compass in 2018 as Chief of Staff to the CEO after a year at Sidewalk Labs. Following 4 months as Secretary to the Board, in April 2019 they were promoted to President of Compass East Division, and in January 2022 President of US Division.
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