Martin Marietta's Strategy & Development group was formed in 2013, reporting to the CEO, to support the Company's growth objectives. With a lean staff and significant involvement with senior management, the team is primarily responsible for M&A development and execution, long-range strategic planning, market research and analysis, investor relations support and other special projects. Since inception, completed transactions have ranged from small family-owned bolt-on acquisitions to large platform public-company mergers. Since 2021, the Strategy & Development team has executed on over $3 billion in closed acquisitions and over $1 billion of announced divestitures.
Position Description:
Reporting to the Senior Vice President, Strategy & Development, this position works closely with Martin Marietta's corporate executive and operational business leaders to develop Martin Marietta's strategic growth priorities, evaluate capital deployment alternatives and execute M&A transactions to continue driving significant long-term shareholder value. This is a high-profile and challenging role with significant senior executive exposure. The ideal candidate enjoys analyzing complex problems, works effectively with cross-functional teams and thrives in a fast-paced environment with tight timelines.
Primary Responsibilities:
Mergers & Acquisitions
Identify and prioritize acquisition targets in alignment with the company's strategic plan
Perform detailed financial analysis including discounted cash flow models, comprehensive pro-forma merger models, accretion/(dilution) analysis and analysis at various prices
Lead cross-functional due diligence efforts across operations, finance, accounting, legal, HR, IT, tax and third-party advisors
Formulate and present transaction proposals to the senior executive team that include a thorough evaluation of the strategic rationale, risks, valuation and financial return metrics
Negotiate letters of intent and transaction purchase agreements
Lead post-close integration teams to identify, capture and realize deal synergies
Cultivate relationships with family-owned business owners, investment banks, private equity sponsors, business unit management and other stakeholders to proactively drive deal sourcing opportunities
Refine valuation models and standardize transaction and integration processes
Additional Responsibilities
Identify portfolio rationalization opportunities and lead divestiture/separation efforts
Support development of ad hoc senior executive and board of director presentations
Participate in various special projects including corporate finance initiatives, capital market trends, commercial and competitive dynamic studies
Support investor relations activities including preparation of quarterly earnings releases and investor presentations
Position Requirements:
MBA required
Transaction execution and valuation experience (mergers, acquisitions, divestitures) required
Self-starter with an ability to work independently within tight timelines
5+ years related work experience including investment banking, corporate development, private equity, strategy consulting or Big 4 transaction services
Experience working with corporate executives and business owners
Strong mathematical, analytical, project management, and problem solving skills
Detail oriented with the ability to think critically in solving complex issues
Excellent communication skills both written and verbal; outstanding interpersonal skills
Advanced Microsoft Excel, PowerPoint and FactSet skills
Relocation to Raleigh, North Carolina required (comprehensive relocation package provided)
Martin Marietta Description:
Headquartered in Raleigh, North Carolina, Martin Marietta (NYSE:MLM) is a leading supplier of aggregates, heavy building materials and specialty chemicals with over 9,000 employees in 28 states, Canada and the Bahamas. With a long track record of growth via acquisition, the Company has completed ~100 transactions in the last 25 years. Martin Marietta's active transaction pipeline, $25 billion market capitalization, strong balance sheet and capital allocation focus on M&A positions the company well for continued inorganic growth.
