Running a Corp Dev Team With No Formal Corp Dev Experience

Just landed a VP of Corp Dev role at a PortCo of the MF that I just left. The challenge is that I've only done 2 years at a BB and 2 years at an MF, so I have 0 Corp Dev experience beyond doing a couple add-ons in PE. Thankfully I have some industry background as I worked in the same sector group in banking and PE (I was not assigned to the company when I was associate so I don't have a ton of background on it).

It's a decently scaled business ($100mm+ Rev, growing 20%+, 20%+ Margins), but they've never done any M&A before, so there is no infrastructure available for me to leverage and the VP that was assigned to the company jumped funds, so the guy I knew with all of the context is out. And the M&A/Corp Dev Summit for all of the VPs of Corp Dev at this MF's PortCos isn't for 6 months, so I can't leach off of that.

My question is two-fold:

1) What resources are available to figure out how to run a corp dev team from scratch (books, podcasts, interviews, etc). If there are meetups/conference where I can up to speed quickly I would happily fly anywhere.

2) I have a Corp Dev Associate who's a few years older than me coming in at the same time. In addition, I've got an FP&A guy and Legal gal assigned to support me largely that are also considerably older. Does anyone have any advice on the best way to navigate this dynamic?

Comments (2)

Sep 3, 2019


Sep 3, 2019