The impact of renewed deal optimism on corporate development hiring
Private equity firms anticipate rising transaction volume, and hiring leaders are reassessing how their M&A functions are structured.
Derek Gracey is a vice president and practice development leader at Charles Aris Executive Search with a focus on the finance and corporate development functions in the services and industrials sectors.
Derek grew up in small-town, rural Pennsylvania before moving to North Carolina in 2013 to pursue a master’s degree in opera performance at the University of North Carolina Greensboro. He then made a pivot into the world of executive search, joining Charles Aris in 2015.
Derek and his wife Jordan live in Greensboro with their sons, Thomas and George, and their dogs, Beesly and Bonnie. They enjoy traveling the world, spending time at Topsail Beach and watching “The Office” reruns more times than you could imagine.
“[The Charles Aris team] works to build strong interest on both sides; they’re good at match making. Communication was very good, and the team was very responsive. They managed my expectations really well.” – Director of corporate development placed by Charles Aris
Private equity firms anticipate rising transaction volume, and hiring leaders are reassessing how their M&A functions are structured.
Some private equity-backed consumer services companies are offering compensation on par with multi-billion-dollar enterprises.
The target for when to hire a corporate development leader is always shifting for private equity portfolio companies.
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