At WeWork, we provide inspiring and flexible workplace solutions to help businesses – small, medium or large – thrive in more than 150 cities globally. The future of work is happening right now, and we are leading this moment. United by a common purpose, here we will empower tomorrow’s world at work. Join us on our journey as we give our members the freedom and support to push boundaries in their industries, and work to redefine our own.
The Technology Strategy and M&A team is focused on leveraging WeWork’s best-in-class technology solutions and operational excellence to power the flexible space economy. This team is responsible for defining WeWork’s technology strategy and executing on M&A opportunities to expand the WeWork network and brand globally across the ever-evolving ecosystem of landlords, enterprises and operators.
About the Role:
Reporting to the Director of Mergers & Acquisitions, the Manager of Mergers & Acquisitions (“M&A Manager”) will be responsible for supporting mergers, acquisitions and investments focused on growth of the core WeWork business and its technology offerings. To perform this role effectively, the M&A Manager should have a robust technical background in fundamental valuation analyses and meaningful transaction experience across the M&A lifecycle. The M&A Manager will also support the creation of an M&A playbook and strategy focused on revenue- or technology-accretive targets in the real estate, technology, enterprise and consumer verticals.
The M&A Manager will be responsible for underwriting the valuation of potential M&A targets and should have experience in building discounted cash flow analyses, multiples valuations based on public company comparables and precedent transactions, merger models and accretion/dilution analyses. The M&A Manager will also work cross-functionally across the technology, real estate, sales, finance and operations organizations to assess the competitive landscape, identify gaps in the current portfolio and compare strategic alternatives through a build vs. buy vs. partner framework.
The M&A Manager will support the deal principal in executing potential transactions. As such, the M&A Manager should have a working knowledge of the deal lifecycle across sourcing and underwriting valuations for potential targets, structuring and modeling economic terms, managing functional due diligence and reviewing definitive documents. The M&A Manager will support the deal principal in debriefing functional teams on terms and receiving requisite approvals from key stakeholders, including executive leadership and the Board of Directors, prior to Signing. The M&A team will be supported by the Technology Strategy and Project Management teams throughout the deal process.
- Execute M&A transactions that augment WeWork’s core products and business lines across revenue-accretive and tech-accretive opportunities
- Develop a pipeline of potential M&A targets across the real estate, technology and software verticals and leverage venture capital relationships to drive deal sourcing
- Possess a track record of solving problems that do not have clearly defined answers – requires the ability evaluate complex problems quickly and determine creative solutions
- Support the creation of deliverables that will be presented to executive leadership and the Board of Directors – this is a highly visible role with exposure to the C-suite
- Build cross-functional relationships across Finance, Sales, Community, Operations, Real Estate and Technology to drive integrations and realize potential synergies post-Close
- Leverage a deep knowledge of operations, accounting and finance to model complex deal structures, support strategic initiatives post-Close and help drive overall WeWork profitability
- Possess and utilize an robust knowledge of WeWork’s value proposition, core business products and technology roadmap
- Be curious and innovative – seek to continuously refine the WeWork’s technology strategy by implementing key learnings and driving process improvements
Experience and Requirements:
- 3-5+ years of experience at a top-tier investment bank or in a corporate development role, having played a role in building valuations, competitive landscaping and general execution
- Working knowledge of the M&A deal lifecycle and experience in creating deliverables for executive leadership and the Board of Directors
- Prior transaction experience in TMT (software) a plus but not required
- Nuanced knowledge of the commercial real estate industry
- Proven ability to develop meaningful relationships with potential counterparties
- Self-starter, reliable, focused, with demonstrated ability to consistently meet deadlines
- Competency in deal financials/cash flow analysis
- Strong time management skills and experience managing numerous tasks simultaneously
- Strong communication and presentation skills, verbal and written
- Excels under pressure; ability to work independently and cooperatively in a fast-paced environment
Life At WeWork
Being a WeWorker is more than just a job. We believe the magic of work is sparked by the passion you bring, the places you go, the people you meet and the purpose you follow. And it starts here. Here you will brush shoulders with those who dare to dream and do. Here you will be welcomed by a diverse community that embraces and inspires you—because together we can achieve more. Here we challenge ideas, and explore new ways of getting things done. Whether you are part of our Employee Community Groups , or part of a global project, we ask you to bring your open-minded attitude and collaborative spirit. In return, you will be part of a team where your unique perspectives are celebrated.
WeWork is proud to be an Equal Employment Opportunity and Affirmative Action employer. We do not discriminate based upon gender, sexual orientation, marital or civil status, pregnancy (or pregnancy-related conditions), gender identity or expression, transgender status or gender reassignment, race, color, national origin or ancestry, citizenship, religion or religious beliefs, age, physical or mental disability, genetic information (including genetic testing and characteristics), military or veteran status, or any other grounds or characteristic that is protected under the law.
As part of our commitment to health and safety, WeWork — like a growing number of employers — is requiring all U.S. employees to be fully vaccinated for COVID-19 as a condition of employment, absent a legal exception for reasonable accommodation. We provide unvaccinated new hires a 45-day grace period after their start date to get fully vaccinated or, if eligible, obtain a reasonable accommodation. If you believe that a legal exception may apply to you, please still apply for any role(s) you are interested in and, if you are hired, you will receive instructions on how to request a reasonable accommodation after your start date. Please note that roles that require in-person work — currently, within our Community (excluding Member Experience), Facilities Management (including Security), Sales (excluding Sales Ops), and Member Technology teams — will not be eligible for work-from-home as an accommodation because it poses an undue hardship on our business.
Interested in this opportunity?