Private Equity Intern (start February 2023)

What we do

At the intersection of AI and Private Equity lies a great opportunity to seize immense value from the Mittelstand . We, at Merantix alongside our strong LP network, aim to leverage our extensive tech ecosystem, our expertise in implementing AI solutions within corporations and our AI venture-building skills to make European SMEs more competitive. For this we identify companies that, through the implementation of AI, will attain a new competitive edge and can unleash the value of their products, services and IP. You would help to push forward this innovation-driven approach and have the opportunity to work with a team of private equity and AI experts to identify targets of interest and evaluate their AI-focused value creation.

What do we do at Merantix?
Merantix is the world s first AI venture studio. Since 2016, we have incubated seven category-leading companies in different verticals, all with AI at the core of their business. Over the past years, we have tweaked, adjusted and improved our ideation and validation processes of building AI ventures to de-risk, accelerate time to market and to ultimately build unicorn companies. The secret sauce of our venture studio is the extensive ecosystem we have established in the realm of tech and AI. Through our AI solutions provider, Merantix Momentum, we have established close ties to DACH SMEs and the industry which helps us in identifying customer pain points, AI use cases and product-market fit. Being a founding member of the national AI association puts us in the information loop of new regulatory developments in the EU. Working from the AI Campus in the heart of Berlin, we connect startups, scaleups, investors, enterprises and governmental departments - all of them aligned in the goal of digitizing Europe.

Your role

If you are excited about leveraging AI technology in small and mid-cap enterprises, this role is for you. We are looking for stand-out individuals that are driven and hungry to identify target companies to acquire, optimize, and exit them. You will analyze the case's feasibility from a financial, commercial, legal and technical perspective to support your senior team leaders in executing deals.

If that resonates with you, here is what your deal-making path at Merantix looks like:

• Identify and source target companies and provide initial investment review
• Support the preparation of investment recommendations, financial models and investment analyses
• Determine significant AI value-creation levers in these targets
• Conceptualize (in collaboration with our experts) AI solutions and their implementation along with the resulting P&L implications
• Support quantitative and qualitative due diligence on prospective investments
• Support the team in various deal execution-related tasks
• You are available for 6 months at a time

Your profile

We define ourselves by a culture of ownership and teamwork. We re looking for a driven, capable, visionary, and thoughtful person with a proven track record of personal, academic, and professional achievement:

• Initial professional experience in Private Equity is a plus
• A Bachelor s degree, Master s degree or MBA of a top university
• Extensive financial modeling skills including sensitivity analysis to support potential investment hypotheses
• Superior business acumen and judgment to analyze investment opportunities, market information and company financials
• An understanding of the SME landscape in the DACH region
• A good understanding of machine learning technology is a plus. No coding knowledge required, but an understanding of ML models and how they can be applied in a business context is preferred
• You are fluent in German and English

What we offer

You will be part of a dynamic, flat-hierarchical and collaborative environment, with on-the-job training and mentorship opportunities and guidance by PE and AI experts. Being part of our PE team, you will be able to advance and democratize the application of AI in the German-speaking SME market - directly impacting the level of competitiveness of these businesses in a global context.