Senior Manager – Investments & M&A
Family Office | Direct Investments, Acquisitions & Strategic Opportunities
The Mandate
The Senior Manager – Investments & M&A will play a central role in identifying, evaluating and executing investment opportunities for the Family Office.
This is not a traditional finance or reporting role. The mandate is to deploy capital intelligently by finding attractive businesses, developing an independent investment view, assessing downside risk, valuing opportunities, supporting negotiations and helping ensure that investments ultimately create value.
The individual will work closely with the Principal / CEO and senior leadership, acting as a key analytical and commercial partner on:
- Direct investments
- Majority and minority acquisitions
- Strategic investments
- Platform and add-on acquisitions
- Partnerships and joint ventures
- New-sector and market-entry opportunities
- Portfolio-company growth initiatives
The role requires someone who can move comfortably between financial analysis, industry research, promoter conversations, valuation, diligence, negotiation and investment judgment.
Approximately 60–70% of the role will involve investment and M&A activities, with the balance focused on portfolio strategy, new growth opportunities, capital allocation and other high-priority initiatives of the Family Office.
What You Will Own1. Build the Investment Pipeline
Develop a continuous pipeline of businesses and investment opportunities rather than relying only on opportunities brought by intermediaries.
You will:
- Map sectors, value chains and emerging investment themes
- Identify companies that could become attractive acquisition or investment candidates
- Develop longlists and prioritized target lists
- Identify platform businesses as well as potential bolt-on acquisitions
- Track consolidation opportunities within fragmented industries
- Explore forward and backward integration opportunities
- Identify businesses providing access to new products, customers, capabilities or geographies
- Maintain an active investment opportunity funnel from origination through decision
Origination channels may include:
- Founders and promoters
- Investment bankers
- Industry participants
- Advisors
- Professional networks
- Sector research
- Proprietary outreach
A key objective will be increasing the proportion of opportunities that are proactively identified rather than passively received.
2. Develop the Investment Thesis
For every serious opportunity, move beyond the numbers and answer:
Why should the Family Office own this business?
Evaluate:
Business Quality
- Revenue model
- Customer economics
- Competitive positioning
- Pricing power
- Margin structure
- Customer concentration
- Recurring versus transactional revenue
- Scalability
- Dependence on key customers, suppliers or individuals
Industry Attractiveness
- Market size and growth
- Industry structure
- Fragmentation versus consolidation
- Entry barriers
- Competitive intensity
- Regulatory exposure
- Technology disruption
- Cyclicality
- Long-term demand drivers
Management & Promoter Quality
- Track record
- Capital allocation discipline
- Governance standards
- Management depth
- Promoter dependence
- Succession risk
- Alignment with incoming investors
Convert the analysis into a clear investment thesis covering:
Why invest → Why now → Why this company → How value will be created → What could go wrong
3. Decode Financial Performance
Develop an independent view of the company's real economic performance rather than accepting reported numbers at face value.
Analyse:
- Revenue quality and sustainability
- Gross and EBITDA margin trends
- Balance-sheet strength
- Debt obligations
- Working-capital requirements
- Cash conversion
- Capital expenditure requirements
- Return on capital
- Contingent liabilities
- Related-party transactions
- Off-balance-sheet risks
- Tax and compliance exposures
Particular emphasis will be placed on reconciling:
Reported EBITDA → Normalised EBITDA → Cash EBITDA → Free Cash Flow
Identify unusual accounting treatments, one-offs, aggressive assumptions and earnings that may not be repeatable under new ownership.
4. Value the Opportunity
Build and challenge financial and valuation models to determine what the business is economically worth.
Expected capabilities include:
- DCF valuation
- Trading comparables
- Precedent transaction analysis
- Scenario and sensitivity analysis
- Acquisition models
- Return modelling
- Debt and financing scenarios
- IRR / MOIC analysis where relevant
For each opportunity, establish:
- Base-case valuation
- Upside valuation
- Downside case
- Appropriate valuation range
- Target transaction price
- Walk-away price
- Expected investment returns
The objective is not simply to calculate valuation but to understand which assumptions actually drive the investment outcome.
5. Lead Commercial & Investment Due Diligence
Take ownership of the investment question behind diligence:
What must be true for this investment to work, and what evidence would prove us wrong?
Coordinate and evaluate:
- Commercial diligence
- Financial diligence
- Legal diligence
- Tax diligence
- Operational diligence
- Management assessment
- Customer and supplier references where required
Work with:
- Investment bankers
- Legal advisors
- Accounting firms
- Consultants
- Tax specialists
- Industry experts
- Internal business leaders
Maintain a structured diligence tracker separating:
Deal breakers | Material risks | Negotiable issues | Post-investment actions
Ensure that diligence findings meaningfully influence valuation, deal structure and investment decisions.
6. Assess Strategic Fit & Value-Creation Potential
For strategic acquisitions and portfolio investments, evaluate how ownership can create value beyond simply acquiring earnings.
Identify potential:
Revenue Synergies
- Cross-selling
- New customers
- Geographic expansion
- Product expansion
- Distribution leverage
- Channel access
Cost & Operating Synergies
- Procurement
- Manufacturing
- Supply chain
- Shared infrastructure
- Technology
- Corporate overheads
Strategic Advantages
- Technology acquisition
- Intellectual property
- Manufacturing capability
- Customer access
- Talent
- Distribution
- Market position
Evaluate not only potential upside but also the probability and complexity of actually capturing it.
7. Support Deal Structuring & Negotiations
Work alongside the Principal / CEO, promoters, bankers and advisors in structuring transactions.
Evaluate alternatives involving:
- Full acquisition
- Majority investment
- Minority investment
- Primary versus secondary capital
- Earn-outs
- Deferred consideration
- Seller financing
- Debt
- Equity
- Performance-linked structures
- Joint ventures
Use valuation, diligence findings and downside scenarios to support commercial negotiations.
The successful candidate should understand that a good business can still become a poor investment at the wrong price or under the wrong transaction structure.
8. Prepare Investment Committee / Board Recommendations
Convert complex information into concise decision material for senior stakeholders.
Prepare:
Initial Opportunity Note
Should we spend further time on this opportunity?
Investment Evaluation
Is the business attractive and strategically relevant?
Investment Memorandum
Should we invest, at what valuation, and under what conditions?
Final Transaction Recommendation
What are the economics, risks, protections and expected returns?
Investment recommendations should clearly articulate:
- Investment thesis
- Key assumptions
- Valuation
- Expected returns
- Downside case
- Principal risks
- Diligence findings
- Deal structure
- Value-creation opportunities
- Reasons not to invest
The ability to make a clear Go / No-Go / Continue Diligence recommendation will be critical.
9. Portfolio Value Creation & Post-Investment Monitoring
Investment responsibility does not end when the transaction closes.
For relevant portfolio businesses, support development of:
- 100-day plans
- Integration roadmaps
- Synergy plans
- Growth initiatives
- Capital allocation priorities
- Operating performance dashboards
Track:
- Performance versus investment case
- Revenue and EBITDA development
- Cash generation
- Return on capital
- Synergy realization
- Strategic milestones
- Emerging risks
Identify early when the original investment thesis is not playing out as expected.
10. Strategic & Capital Allocation Initiatives
Support the Family Office in evaluating broader questions around where capital should be deployed.
Projects may include:
- New-sector evaluation
- White-space analysis
- Industry landscaping
- Portfolio reviews
- Diversification opportunities
- Strategic partnerships
- New business models
- Competitive intelligence
- Market-entry opportunities
- Portfolio-company expansion opportunities
Compare competing uses of capital and help leadership decide:
Where can the Family Office generate the most attractive risk-adjusted returns?
Key Outputs
The Senior Manager will be expected to develop and maintain:
- Investment opportunity pipeline
- Sector and market maps
- Target-company longlists and shortlists
- Preliminary investment notes
- Detailed investment memoranda
- Financial models
- Valuation models
- Return scenarios
- Due-diligence trackers
- Risk assessments
- Deal-comparison frameworks
- Synergy assessments
- Transaction recommendations
- Portfolio-performance reviews
- 100-day / integration plans
- Investment Committee / Board presentations
- Capital-allocation recommendations
What We Are Looking ForInvestment & Financial Capability
You should be highly comfortable analysing businesses through their financial statements and underlying economics.
Strong capability expected in:
- Financial statement analysis
- Financial modelling
- Valuation
- DCF
- Comparable-company analysis
- Transaction analysis
- Working-capital analysis
- Cash-flow assessment
- Return modelling
- Due diligence
The role requires someone capable of reading between the lines of financial statements, identifying what reported numbers may conceal and distinguishing accounting profit from actual cash economics.
Commercial Judgment
Financial modelling alone will not be sufficient.
You should be able to evaluate:
- Whether an industry is structurally attractive
- Why customers buy from a company
- Whether margins are defensible
- Where bargaining power sits in the value chain
- Whether growth is sustainable
- Whether management is credible
- Whether an acquisition genuinely creates strategic advantage
- Whether expected synergies are realistic
- Whether a seemingly attractive investment contains hidden downside
Investment Mindset
We are looking for someone who naturally asks:
What is the downside?
What assumptions are embedded in the valuation?
What would have to go wrong for us to lose capital?
What evidence contradicts the investment thesis?
What is already reflected in the price?
Why is this opportunity available to us?
What is our edge as an owner?
The ability to prevent a poor investment can be as valuable as identifying a successful one.
Stakeholder Profile
The role requires confidence and maturity in dealing with:
- Promoters and founders
- CEOs and senior management teams
- Investment bankers
- Private equity professionals
- Consultants
- Lawyers
- Auditors
- Tax advisors
- Industry experts
- Board members
You should be able to challenge assumptions without creating unnecessary friction and communicate complex investment issues in a concise, decision-oriented manner.
Qualifications
Preferred educational backgrounds include:
- Chartered Accountant (CA)
- MBA – Finance / Strategy
- CFA
Equivalent backgrounds with strong demonstrated transaction and investment capability may also be considered.
Experience
6–12 years of relevant professional experience, ideally within one or more of:
- Investment Banking
- Private Equity
- Family Office / Principal Investments
- Corporate Development / M&A
- Transaction Advisory
- Strategy Consulting with significant transaction exposure
Candidates who have personally participated in multiple stages of a transaction—from opportunity identification through diligence, valuation, negotiation and closing—will be particularly relevant.
Exposure to manufacturing, chemicals, industrials, specialty materials or related B2B sectors would be strongly preferred.
The Ideal Candidate
The ideal candidate sits at the intersection of three capabilities:
Investor
Can evaluate businesses, risk, valuation and returns.
Strategist
Can understand industries, competitive advantage and long-term value creation.
Deal Professional
Can move transactions forward while coordinating promoters, bankers, advisors and internal stakeholders.
They should be equally comfortable spending one day building a detailed financial model and the next discussing industry economics with a promoter or presenting an investment recommendation to the Principal.
How Success Will Be Measured
Success will ultimately be measured by the quality of capital allocation rather than simply the number of transactions completed.
Key indicators include:
- Quality of investment opportunities originated
- Strength of proprietary deal pipeline
- Quality and accuracy of investment analysis
- Ability to identify risks before capital is committed
- Speed and discipline of investment evaluation
- Quality of valuation and return assumptions
- Effectiveness of transaction execution
- Performance of completed investments
- IRR / MOIC and value creation where applicable
- Realization of planned strategic and operating synergies
- Quality of portfolio insights
- Most importantly, the ability to avoid value-destructive investments
What This Role Really Is
This role is effectively the investment engine of the Family Office.
It is designed for someone who can become:
A trusted investment partner to the Principal
A disciplined filter for capital-allocation decisions
An originator of high-quality investment opportunities
A rigorous evaluator of businesses and management teams
A transaction leader capable of converting investment ideas into executed deals
And ultimately, a builder of long-term portfolio value.
Pay: ₹5,000,000.00 - ₹7,500,000.00 per year
Application Question(s):
- What is your notice Period
- What is your current CTC
- What is your expected CTC
- Are you ready to work from office (Ahmedabad)
Work Location: In person
