Investment Banking Associate

Investment Banking Associate | Software M&A | Bay Area

Our client is a leading middle market investment bank focused exclusively on software and software-enabled businesses — providing M&A advisory, recapitalizations, and growth capital with deep coverage across vertical SaaS, IT security, infrastructure software, Mar Tech, and CFO suite software. With over 15 years of experience and 300+ transactions closed, this is a firm with serious institutional depth in one of the most active deal sectors in the middle market.

A high-ownership Associate seat at a lean, specialized firm where you'll be on real deals from day one. You'll play a central role in executing M&A and growth capital transactions within the software sector — from financial analysis and valuation through client strategy, due diligence, and negotiation. Not a generalist seat — deep software expertise and direct senior access from the start.

• Execute sell-side and buy-side M&A and growth capital transactions for software and software-enabled companies
• Build financial models tailored to software metrics — ARR, NRR, churn, CAC/LTV — alongside traditional valuation frameworks
• Develop buyer and investor maps, prepare marketing materials, CIMs, and pitch materials for active mandates
• Support due diligence coordination and negotiation processes on live transactions
• Participate directly in client interactions alongside senior bankers

• 3+ years of investment banking experience, ideally with software or SaaS sector coverage
• Strong financial modeling skills with familiarity in software-specific metrics and valuation
• Intellectually curious about software business models and the M&A landscape
• Excellent communicator, highly organized, thrives in a lean entrepreneurial environment
• Based in or willing to relocate to Bay Area