Avedon Capital Partners focuses providing growth capital to small and medium sized companies in the Benelux and DACH. On average Avedon manages and actively supports 15 – 20 portfolio companies in a variety of industries. Avedon Capital Partners has offices in Amsterdam and Düsseldorf and over EUR 500 million assets under management.
This is an excellent opportunity for an experienced finance professional to enter into Private Equity. You are the right hand of the CFO and have exposure to portfolio companies in various industries in a dynamic and challenging environment. In this broad position, you will have interaction with internal stakeholders and external parties such as the external accountant, tax authorities, banks, regulators, and the depository. You will be part of a small team of highly experienced professionals with colleagues in the Amsterdam and Düsseldorf office.
You have a dual focus which involves coordinating, reviewing, and managing the reporting for the corporate entities and the four funds. For both, the accounting tasks are outsourced to a third-party accounting firm. You will take charge of the corporate entities' monthly, quarterly, and annual (internal and external) financial reporting. This encompasses consolidation, financial statements, tax management, accounting, payroll, working capital, and handling ad hoc requests. Additionally, you will provide quarterly valuations of the portfolio, amongst others monitoring portfolio company reporting, and DCF analysis. Collaborating with the investment managers, you will assess performance and oversee the reporting processes.
For the four funds, you will be responsible for reviewing and controlling the fund administration, which includes quarterly and annual investor reporting, valuations, capital account statements, capital calls, distributions, acquisitions, exits, tax, and working capital facilities. Additionally, you will prepare KPI dashboards for management and the supervisory board, providing insights into the fund's performance. Alongside the investment team, you will coordinate the value enhancement plan for the portfolio companies. Your role will involve onboarding, managing, and continuously improving the monthly reporting of the various portfolio companies across the different funds in the portfolio management system (I-level).
In this position, you are encouraged to take on projects and dive into topics that interest you. You improve and implement the ESG reporting framework, which is adapted across the portfolio and corporate companies. Together with the CFO, you could also support future fundraising, provide analyses on performance, and set up new KPI dashboards.
In this position, we are looking for a financial who is hands-on, ambitious and stress resistant. You have a strong technical accounting background, excellent stakeholder management skills, can handle deadlines and never compromise on quality.
“For this position we are looking for somebody with the right attitude. We need somebody who can quickly assess the processes and complex structures, pin-point areas of improvement and takes responsibility. We need a financial who understands the dynamics of Private Equity, knows how to determine priorities and can provide support for the Investment teams. Because of the high-profile environment you will be working in, it is important is that somebody has a mature personality, solid communication skills and an open personality. You will be in daily contact with a lot of different (senior) stakeholders and will encounter a lot of ad-hoc issues, and it will be your responsibility to manage expectations and follow through.”
Avedon Capital Partners is an investor passionate about supporting exceptional entrepreneurs and management teams of niche market-leading companies to realize ambitious growth plans in partnership. In 2021 Avedon raised Avedon IV with over €600m of commitments provided by international institutional investors and a group of senior executives residing in their two home markets – the Netherlands and Germany.
Avedon believes that to be successful in adding sustainable value to their portfolio companies, they need to maintain a clear focus in a rigorous manner. Avedon has built a deep track record that is repeatable in the following core focus areas:
NICHE MARKET LEADERS / HIDDEN CHAMPIONS
Invest in companies that are, or have the ability to become, niche market leaders with proven and profitable business models in their core activities, and that are active in growing markets with healthy dynamics. These companies have a unique service or production model that is defendable in one of the four sectors Avedon knows well.
LOWER END TO MID-MARKET IN BENELUX AND DACH
Invest in companies that typically have a size of €30m to €200m enterprise value with sufficient room to mature and grow. Avedon Is mainly focused on growth companies with its headquarters in the Benelux or DACH in the four sectors they know well. Their equity investments range from around €20m to €120m (with the capacity to access and deploy higher amounts).
ABILITY TO PROFESSIONALIZE AND GROW
Avedon supports investments by providing both capital and expertise, whereby the aim is to create high-performing and scalable companies as a basis to accelerate top-line growth. Examples of typical growth strategies that Avedon has successfully supported are: (i) international expansion; (ii) buy-and-build; (iii) roll-out of a proven concept; and (iv) combinations hereof.
PARTNERSHIP WITH MANAGEMENT OR FOUNDER
Avedon supports growth capital needs, (management) buyouts, family succession and corporate divestiture situations where they can work in a partnership with strong and committed management teams and/or founder owners that have a substantial financial stake in the company.
Avedon Capital Partners has offices in Amsterdam and Düsseldorf and over EUR 500 million assets under management. Avedon manages and actively supports 15 – 20 portfolio companies in a variety of industries. The team consists of 25 investment professionals, among which are the six partners. The investment team is supported by a CFO, General Counsel, Office Support and Supervisory Board.