Director of Corporate Development
At Ridecell View All Jobs
San Francisco, CA
Ridecell Inc. is the leading fleet automation and mobility platform provider for digital fleet transformation. Ridecell brings the only platform and solutions built specifically to automate the management and monetization of fleets. The Ridecell platform converts siloed data streams into real-time insights, takes advantage of keyless vehicle access and digital immobilizer control, and turns today’s manual fleet processes into automated workflows.
Ridecell powers some of the most successful fleets in cities across Europe and North America. These include services by Gig Car Share from AAA, and KINTO mobility services by Toyota Sweden. Ridecell teams are operating globally out of offices in San Francisco, Paris, Berlin, and Pune India.
The Director of Corporate Development will support and lead the evaluation and execution of corporate development activities, including mergers, acquisitions, divestitures, joint ventures, strategic investments, and equity fundraising. Responsibilities include deal-sourcing, due diligence, negotiations, structuring, valuation and transaction process management. This position reports to the Executive Vice President of Growth & Corporate Development. This role works closely with management across the company, understanding business strategy, objectives, and organizational context to make informed investment decisions. Actively leverages internal resources and industry contacts (i.e., partners, venture capitalists, bankers, entrepreneurs) to identify and evaluate investments.
- Lead & support evaluating and executing mergers, acquisitions, divestitures, joint ventures and strategic investment opportunities
- Evaluate, plan, and execute transactions, develop optimal structure, develop and support valuations, negotiate terms, coordinate and lead due diligence process, and post-closing integration planning and implementation.
- Lead business case development on strategic opportunities; develop business cases on potential transactions, evaluate strategic fit, financial returns and risks, and present business case and recommendations to leadership and Board of Directors
- Develop M&A strategy, identify growth and expansion initiatives, monitor industry trends, attend relevant conferences, maintain external relationships, work closely with executive team to understand strategic imperatives, and maintain deal pipeline report.
- Monitor Performance; oversee tracking of acquisition/investment performance and returns and prepare periodic updates to senior management on acquisition/investment performance.
- Other duties as assigned
- Perform management responsibilities including, but not limited to: hiring and termination decisions, coaching and development, rewards and recognition, performance management and staff productivity. Plan, organize, staff, direct and control the day-to-day operations of the department; develop and implement policies and programs as necessary
- 7 years of experience in M&A, venture capital, private equity, investment banking, strategy consulting or financial management, with a minimum or 5 years of direct experience executing M&A transactions or venture capital investments.
- 3 to 5 years in a management or leadership role
- 5 years in a management or leadership role
- Automotive and Fleet industry experience
- Analytical Skills
- Strategic Thinking
- Financial Forecasting and Modeling
- Ability to make and present compelling pitches
- Program management
Travel Required 0% - 25%