Associate - Private Equity

Associate, Private Equity

Sinclair Ventures | Hunt Valley, MD | On-site

Sinclair Ventures, the direct investment arm of Sinclair, Inc., deploys capital into lower‑middle‑market control investments (companies generating $15‑40 M of EBITDA). The firm operates with $500M+ of deployable capital and focuses on a long‑term operating platform rather than a traditional fund.

The Associate is the analytical engine of the deal team, owning the financial work on live transactions, leading research that shapes investment theses, and running diligence work streams alongside senior team members.

• Financial modeling & valuation
  :
  Own LBO, operating, and returns models end‑to‑end – base, downside, management cases – with a point of view on drivers; drive valuation across DCF, comps, precedents, SOTP; model PPA, tax structuring, rollover, earn‑outs; audit third‑party models and QoE.
• Industry & ecosystem research
  :
  Build theses in target verticals (water and environmental services, infrastructure services, civil and site work, industrial manufacturing); map landscapes, value chains, consolidation patterns; produce thematic work that translates into a target list; run primary research and develop conviction.
• Deal execution
  :
  Triage CIMs and proprietary opportunities; lead financial, commercial, operational, and legal diligence (QoE, consultants, lenders, counsel); interpret debt docs, credit agreements, term sheets; draft IC memos, lender materials, management presentations; participate in management meetings, banker calls, negotiations.
• Portfolio & value creation
  :
  Support portfolio companies through operating reviews, KPI reporting, add‑ons, and capital structure; track performance versus underwriting; surface variances early; underwrite add‑ons with platform‑deal rigor.
• Firm building
  :
  Build infrastructure – pipeline systems, banker CRM, IC and diligence templates, playbooks; improve processes.

• Experience
  : 2‑5 years in PE, investment banking (M&A or leveraged finance), or top‑tier consulting on transaction work; direct PE experience a plus; demonstrated live‑deal reps (modeling, diligence, IC drafting, management interaction); background in industrials/infrastructure/services is helpful.
• Technical
  :
  Advanced LBO and operating modeling from a blank sheet; fluency in DCF, comps, precedents, debt mechanics, returns attribution; strong reading of QoE, audited financials, debt docs; proficiency in Excel, PowerPoint, Pitch Book, Alpha Sense.
• How you operate
  :
  Hungry for reps; direct, point‑first recommendations; high judgment; builder mindset; high integrity.
• Education
  :
  Bachelor’s required; MBA, CFA, or CPA a plus.

• Real ownership of deals from month one – no rotational filler.
• Direct exposure to senior team, family principals, and portfolio CEOs.
• Permanent capital and no fund clock – the only real way to learn this craft.
• Competitive base, performance bonus, and a clear path to advancement.

On‑site at our Hunt Valley, MD headquarters.

Not eligible for visa sponsorship (including H‑1B, OPT‑STEM).

Sinclair is proud to be an equal‑opportunity employer and a drug‑free workplace. Employment practices are not influenced by protected characteristics.