{"id":477931,"url":"https://alion.io/job/onni-private-equity-associate","title":"Private Equity Associate","company":{"id":8019,"name":"Onni Group","domain":"onni.com","url":"https://alion.io/company/onni","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"B","score":79,"open_postings":19,"ghost_share":0,"stale_share":0.842,"repost_share":0,"time_to_fill_p50_days":37,"computed_at":"2026-11-06T05:58:05Z"}},"role":"Field & Service","role_family":"Field & Service","seniority":null,"employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Canada"],"countries":["CA"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":32000,"max_usd":68000,"period":"year","method":"role_country_seniority_unknown","sample_n":1910},"experience_years_min":null,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Claude","optional":true},{"name":"Slack","optional":true}],"status":"live","first_seen_at":"2026-08-11T00:00:00Z","employer_posted_date":"2026-08-11","last_verified_at":"2026-11-06T09:43:05Z","board_verified":true,"closed_at":null,"days_open":87,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":87},"description":"Job Description:\nWhy Onni Capital\nOnni Capital invests its own capital. There is no fundraising cycle, no external investment committee, and no requirement to deploy on someone else's timeline. A good business can be pursued in days. A weak one can be declined without ceremony.\nPermanent capital changes the conversation with a founder. We are not pitching a three year flip. When an owner cares where their company and their people end up, that is a real advantage and you will feel it in live negotiations.\nOnni's operating businesses give genuine diligence advantage. When evaluating a construction services or industrial business, we test assumptions against companies we already own and operators we already work with, rather than relying on a consultant's market study.\nYou will also have unusual proximity to decision makers. There is no chain of vice presidents between you and the people approving capital.\nHow We Work\nOnni Capital is being designed as a high ownership, low bureaucracy team. We work in small project groups, test ideas quickly, put early products in front of users, and make decisions based on evidence rather than hierarchy. Team members are expected to:\nChallenge assumptions and communicate directly\nTake responsibility for outcomes, not simply produce recommendations\nUse modern AI tools to work faster and produce better results\nShare unfinished work early and improve it through feedback\nMove comfortably between strategic analysis and hands on execution\nKnow when to continue investing in an idea and when to stop\nOperate effectively without a detailed playbook\nThis is not a role for someone who wants months of consensus building, a rigid job description, or a narrowly defined set of responsibilities. It is for someone who learns quickly, takes initiative, enjoys solving ambiguous problems, and wants to help build something from the ground up.\nWhat You Will Do\nSourcing and screening\nSource acquisition opportunities directly through owner outreach, Onni's operating and industry network, trades contacts, supplier networks, and portfolio company management\nBuild and maintain relationships with brokers, advisors, lenders, and intermediaries in target sectors\nScreen inbound and sourced opportunities against investment criteria and write the screening memo with a clear recommendation to pursue or pass\nDevelop sector theses and build target lists for roll up strategies across construction services, building products, industrial services, mechanical, HVAC, and adjacent trades\nExecution\nOwn the operating and returns model on live transactions, including LBO structures, debt schedules, returns waterfalls, sensitivity analysis, and downside cases\nRun due diligence across financial, commercial, operational, tax, and legal workstreams, and manage external advisors to scope, budget, and deadline\nLead the quality of earnings review with advisors, including EBITDA normalisation, working capital analysis, and net debt calculation\nStructure transactions and financing, including consideration mix, earnouts, founder rollover, and lender terms\nDraft and present investment committee memos and lender presentations, and defend the recommendation to ownership\nManage transaction execution, including the data room, issue tracking, legal documentation review, and coordination with counterparties through to close\nAfter close\nOwn the first hundred days, including integration planning, reporting setup, banking, and management alignment\nTrack portfolio company performance against the acquisition thesis, including monthly performance, budget versus actual, covenant compliance, and integration milestones\nIdentify and quantify value creation opportunities across pricing, procurement, overhead, working capital, and add on acquisitions, then work with operators to execute them\nWork with the Controller on purchase accounting, opening balance sheets, and post close true ups\nSupport add on acquisitions into existing platforms\nTeam and standards\nDirect the private equity analysts on execution, review their work, and hold the quality standard\nBuild and maintain the deal flow tracker, pipeline reporting, and diligence templates so the process is repeatable rather than reinvented each time\nDocument processes, models, decisions, and operating standards so successful approaches can be repeated across the team\nContribute to internal investment discussions, portfolio reviews, and Onni Capital events\nWhat You Bring\nThree to six years in private equity, investment banking, corporate development, transaction advisory, or a comparable transaction environment, with live deals you can walk through in detail\nDemonstrated ownership of a transaction, not only support. You have run workstreams, managed advisors, and been in the room when terms were negotiated\nStrong modelling capability built from scratch rather than from templates, with real command of LBO mechanics, debt structures, and returns analysis\nSound accounting judgment, including EBITDA normalisation, quality of earnings, and working capital bridges\nGenuine comfort in front of owners and management teams. Much of this job is a conversation with a person who built a business over thirty years and is deciding whether to trust you\nCommercial judgment that connects operating detail to valuation, structure, and returns\nDemonstrated ability to use modern AI tools to research, analyse, model, automate, and produce high quality work\nStrong written communication, with the ability to compress a complex situation into a one page recommendation\nWillingness to travel across North America, including Vancouver, Seattle, Los Angeles, Chicago, and Phoenix\nA bias toward action and comfort making progress with incomplete information\nThe confidence to state a view and defend it while remaining open to evidence and feedback\nComfort working in a small, fast moving team where responsibilities change as deals develop\nHigh personal standards for accuracy, quality, ownership, and follow through\nNice to Have\nExperience in construction services, industrial services, manufacturing, building products, or trades businesses\nExperience with buy and build or roll up strategies, including add on acquisition programmes\nExperience with founder led businesses and owner operator transactions\nDirect operating experience inside a portfolio company\nCFA or CPA designation\nDebt financing experience, including working directly with lenders and credit committees\nCross border transaction experience between Canada and the United States\nFamiliarity with tools such as Claude, Linear, Slack, or similar platforms\nWhat Success Looks Like\nSuccess in this role is not measured by deals looked at, models built, or memos written. It is measured by whether good businesses get bought at prices that work, and whether they perform afterwards.\nWithin the first 90 days:\nYou have direct relationships with owners, brokers, and advisors in at least one target sector, built rather than inherited\nYou are running live diligence workstreams and managing external advisors without supervision\nThe deal flow tracker and screening process are yours, and leadership can see the true state of the pipeline at any time\nYou have formed and defended a view on at least one live opportunity, including a recommendation to pass\nWithin the first year:\nProprietary opportunities are reaching us because of relationships you built, not only through brokers\nYou have taken at least one transaction from first contact through to close, owning the model, the diligence, and the recommendation\nOwners and management teams take your calls and treat you as a credible counterparty rather than as a junior representative of the buyer\nDiligence you ran caught something material, whether that led to a repriced deal or a decision to walk away\nBusinesses acquired during the year are reporting properly, integrated on plan, and tracking against the thesis you underwrote\nAt least one value creation initiative you identified has been executed by an operator and shows measurable results\nThe analysts you direct are producing work that needs less correction each quarter\nScreening, diligence, and integration are running off documented process rather than being reinvented on every deal\nOwnership treats your recommendation as the starting point for the decision rather than as one input among several\nWhat Makes This Role Different\nYou will own a transaction from first contact through to whether the thesis actually held. On a single deal, you may be involved in:\nCold calling an owner who has never spoken to a buyer before\nBuilding the model that determines what we are willing to pay\nSitting in the room while price and structure are negotiated\nRunning diligence and telling us to walk away\nTesting commercial assumptions against businesses Onni already owns\nPresenting the recommendation directly to ownership\nStanding in the business the week after close, sorting out reporting and integration\nMeasuring, a year later, whether the numbers you put forward were right\nThe expectation is high ownership. You will be accountable for the deals you bring forward and for what happens to them afterwards.\nThe Onni Capital Experience\nOnni Capital is creating a new headquarters in downtown Vancouver designed for builders, founders, investors, product teams, and portfolio companies, not traditional corporate administration. The space is intended to become a home for company creation, collaboration, product demonstrations, investment discussions, founder events, and the broader Onni Capital community.\nTeam members will receive:\nDirect exposure to senior Onni executives, investors, operators, developers, and founders\nThe opportunity to help launch products and businesses from the ground up\nAccess to Onni's operating businesses, technology resources, real estate portfolio, and investment platform\nCompetitive compensation and a discretionary performance bonus\nA comprehensive company paid benefits package\nAn annual education and professional development allowance\nRegular product demonstrations, founder sessions, investment discussions, and team events\nFree access to a fully equipped gym\nFriends and family rates across participating hospitality brands\nEmployee discounts at participating restaurants, retailers, fitness providers, and other businesses\nA generous employee referral program\nSalary Range:\n$85,000\nAbout The Company:\nOnni\nFor over half a century, Onni has been building communities for people to live, work, and play. Our success reflects our commitment to our employees and partners, and our dedication to quality construction, innovation, sustainability, and customer satisfaction. Our expertise expands across North America, with offices in Vancouver, Toronto, Los Angeles, Seattle, Phoenix, and Chicago.\nAI Use:\nThis role may involve the use of artificial intelligence (AI) tools to support research, analysis, content development, design, reporting, or operational efficiency. Employees are expected to use AI responsibly and in compliance with company policies, data privacy requirements, confidentiality obligations, and applicable laws.\nAll AI-generated or AI-assisted outputs must be reviewed for accuracy, quality, and appropriateness before use. Employees are also expected to disclose when AI tools have been used in the creation of work and must not present AI-generated content as solely their own original work.\nHow To Apply:\nPlease apply through the link on the job posting and attach your resume and any other required documents.\nWe thank all applicants for your interest in the Onni Group. Note that only those applicants under consideration will be contacted.","description_format":"text","description_chars":11656,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":["Equity","Professional development"],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Property Development","Property Management","Construction"],"lifecycle":[{"event":"open","at":"2026-09-06T15:26:43Z"}],"visa":[],"liveness":{"score":7,"band":"cold","label":"Long shot","p_open":1,"p_active":0.232,"p_room":0.28,"age_days":87,"expected_fill_days":37,"reasons":["conf:1","stale_co","win:tail","crowd:brand"],"computed_at":"2026-11-06T05:58:05Z"},"pay":null,"html_url":"https://alion.io/job/onni-private-equity-associate","json_url":"https://alion.io/job/onni-private-equity-associate.json","meta":{"generated_at":"2026-11-06T13:51:10Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":25490,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-07T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":8019},"rest":"https://alion.io/mcp/rest/get_company?id=8019"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fonni-private-equity-associate"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fonni-private-equity-associate"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fonni-private-equity-associate"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/onni-private-equity-associate\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fonni-private-equity-associate"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":477931}},{"tool":"search_jobs","arguments":{"company":"onni.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":477931},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. Docs: https://alion.io/developers"}}