Freshstream is a young and growing PE firm specializing in mid-market entrepreneur-led companies. The Investment Associate will help execute deals from A to Z and also be involved post-deal, as a board member, for example. They will have frequent exposure to Freshstream’s leadership team and actively contribute to expanding the firm.
Freshstream is a private equity (PE) buyout firm that supports ambitious entrepreneurs across the UK, The Netherlands, and Belgium. They have the capital and expertise to build successful, future-proof businesses. And their way of working is characterized by actively collaborating with portfolio management teams and extensive operational value creation. To accelerate their portfolio companies’ growth, Freshstream focuses on organic expansion as well as buy and build, and drives initiatives in strategy, pricing, marketing, processes, systems, and organizational set-ups.
Freshstream invests in founder-led and family-owned mid-market businesses that haven’t been previously owned or managed by an investment firm. Their broad investment strategy focuses on stable sectors with favorable macroeconomic tailwinds. Their goal is to become a majority shareholder, which helps it achieve their desired impact. Freshstream applies its large-cap skills and investment discipline to mid-size organizations with revenues ranging from fifty to 300 million euros.
The firm has a team of twenty-six professionals based from their offices in London and Amsterdam. Founded in 2015, Freshstream recently raised its second, fully independent fund with total committed capital of 760 million euros. To date, they have completed five deals during its second fund: DeterTech, Bella Figura Music, Big Motoring World, Nafinco, and MCR Group.
Vacancy: Investment Associate
The Investment Associate will join Freshstream’s deal team and support deals from start to finish. This ranges from sourcing, valuation, and due diligence to returns assessment, bidding process, and documentation. After a deal closes, this role will continue to be closely involved with the portfolio company through to exit.
In this role, the Investment Associate will become part of Freshstream’s growing Amsterdam office, and its current team of six colleagues. However, during their first few months, they may spend significant time in the London office to get to know the firm and learn about the business.
“We do not believe in a model where the deal team only does deals, and the portfolio team sticks to the portfolio side. The new Investment Associate will spend about seventy percent of their time on deals and thirty percent on portfolio work. That enables them to develop themselves into a well-rounded investment professional.” – Tom Carroll, Director in the Investment Team of Freshstream
In the Amsterdam office, the Investment Associate will mainly work on Freshstream’s Dutch portfolio but could also be involved in UK-based deals. A primary responsibility will be to scan the market and identify new deal opportunities. Additionally, they will prepare for decision-making in the investment committee and eventually coordinate the execution phase.
Although the role centers around the financial aspects of deal-making, the Investment Associate will also be involved post-acquisition. They may have the opportunity to serve on the board of portfolio companies, lead the process toward add-on acquisitions, and be part of specific operational or strategic improvement projects. Towards the end of the investment horizon, this role will also prepare the portfolio company for an exit, such as ensuring a post-exit strategy is in place. Typically, the Investment Associate will work with two to three portfolio companies at a time.
By joining Freshstream, this role will join an entrepreneurial and growing PE firm. They will get lots of exposure to senior colleagues and the portfolio companies’ management teams, work in an open culture with limited hierarchy and lots of responsibility, and gain the opportunity to leave their footprint on the firm’s development.
Freshstream is working with Top of Minds to fill this vacancy.
To express your interest, please contact Imke Peters at Imke.Peters@topofminds.com.