Investment Associate - Private Equity/Mid-Market

We are working with a leading, independent mid-market private equity firm based in Munich to hire an Investment Associate into its investment team. This is an established DACH growth investor with around EUR 3 billion in assets under management across five fund generations, a track record of backing more than 40 platform companies and over 140 add-on acquisitions, and a partnership-driven, entrepreneurial culture. For an ambitious candidate, this is a rare seat at a firm with genuine deal flow, real responsibility early, and a clear path to grow.

Additional information on private equity firm:

• A well-capitalised, independent platform investing equity tickets of roughly EUR 100 million to EUR 250 million into profitable Mittelstand growth companies across Germany, Austria and Switzerland.
• Active across attractive sectors including Business Services, Healthcare, Industrial Technologies and IT / Software, with a strong buy-and-build orientation.
• A lean, high-calibre team of senior investors from private equity, investment banking, consulting and industry, where Associates work directly with Partners rather than behind layers of hierarchy.
• A culture built on partnership, trust, long-term value creation and sustainability, with thousands of jobs created across the portfolio.
• High-quality deal exposure and a proven exit track record, giving you a front-row seat across the full investment lifecycle.

What you will do

• Support the full deal cycle, from origination and screening through due diligence, structuring and execution to portfolio value creation and exit.
• Build and own financial models, including LBO, valuation and scenario analysis.
• Conduct commercial, financial and market due diligence, coordinating closely with advisers and management teams.
• Prepare investment memos and committee materials, and contribute your own view on risks, returns and value-creation levers.
• Analyse buy-and-build opportunities and support add-on acquisitions for portfolio companies.
• Monitor portfolio performance, KPIs and strategic initiatives alongside Partners and management.
• Contribute to sourcing and relationship-building with advisers, intermediaries and management teams across the DACH market.

What we are looking for:

• Around 2 to 4 years of relevant experience in private equity, top-tier investment banking, or top-tier strategy consulting.
• Strong financial modelling and analytical skills, with sharp commercial judgement.
• A genuine interest in the German-speaking mid-market and in building businesses over the long term.
• Excellent academic background in finance, economics, business or a related field.
• Fluent German and English are essential, given the DACH focus and direct interaction with management teams.
• A self-starter with an entrepreneurial mindset, high integrity and the maturity to take ownership.