Business Development Manager
Banyan Software
Posted about 4 hours ago
Banyan Software is the best permanent home for software businesses that serve specialized industries, their employees, and their customers. We are on a mission to acquire, build, and grow great companies worldwide, helping them modernize through shared AI expertise and operational discipline. The Banyan Software Foundation, endowed with $100 million in Banyan stock, leverages technology to build a greener and more equitable world. Banyan is Great Place to Work Certified, a five-time Inc. 5000 honoree, and a top 10 company on the Deloitte Technology Fast 500. Founded in 2016 and headquartered in Atlanta, Banyan operates more than 100 portfolio companies across North America, the UK, EU, and APAC.
Banyan Software is the best permanent home for software businesses that serve specialized industries, their employees, and their customers. We are on a mission to acquire, build, and grow great companies worldwide, helping them modernize through shared AI expertise and operational discipline. The Banyan Software Foundation, endowed with $100 million in Banyan stock, leverages technology to build a greener and more equitable world. Banyan is Great Place to Work Certified, a five-time Inc. 5000 honoree, and a top 10 company on the Deloitte Technology Fast 500. Founded in 2016 and headquartered in Atlanta, Banyan operates more than 100 portfolio companies across North America, the UK, EU, and APAC.
Hiring For Future Business Development, Manager (Hybrid)
Unlike traditional sales roles, success in this position means influencing the future of an entire portfolio of software businesses. You will have front-row access to entrepreneurs, founders, and CEOs across a wide range of industries, gaining a unique perspective on how successful software companies are built, scaled, and operated. Every conversation is an opportunity to learn about a new market, uncover a hidden software champion, and create the foundation for Banyan’s next acquisition.
You will play a critical role in Banyan Software’s sourcing efforts by identifying and engaging vertical market software companies, expanding our market coverage, building relationships with software business owners, and creating opportunities that ultimately lead to acquisitions.
Reporting to the Director, Corporate Development, you will leverage your prospecting, relationship-building, and business development skills in a highly entrepreneurial environment.
Your efforts will directly contribute to Banyan’s acquisition growth strategy. If you enjoy connecting with business leaders, uncovering opportunities, learning about new industries, and thriving in a performance-driven environment, we want to hear from you.
Responsibilities
- Identify, research, and evaluate attractive software companies that align with Banyan’s acquisition criteria.
- Develop and execute outbound prospecting strategies using email, phone, LinkedIn, industry events, and conferences.
- Build trusted relationships with software business owners, executives, and key decision-makers across assigned vertical markets.
- Create and manage ongoing engagement and nurturing programs to maintain long-term relationships with prospective acquisition targets.
- Conduct market research to improve Banyan’s coverage within strategic verticals and uncover new acquisition opportunities.
- Collaborate closely with M&A Leaders, Portfolio Leadership, and other Banyan teams to drive business outcomes and share market intelligence.
- Utilize Banyan’s technology stack, data resources, and best practices to continually improve sourcing effectiveness and efficiency.
- Maintain accurate records and activity tracking in Salesforce, Gong Engage, and other internal systems.
- Consistently achieve and exceed activity, pipeline, and sourcing KPIs.
Qualifications
- 4+ years of experience in business development, software sales, account management, partnerships, recruiting, commercial banking, consulting, or a related client-facing role.
- Proven ability to prospect, build relationships, and engage senior-level decision-makers.
- Strong communication skills with exceptional written and verbal outreach capabilities. Naturally curious about software businesses, entrepreneurship, and how companies create value.
- Comfortable learning new industries and quickly developing expertise in niche software markets.
- Thrives in a metrics-driven environment and uses data to improve performance and decision-making. Demonstrated track record of meeting or exceeding goals, quotas, or other performance metrics.
- Entrepreneurial mindset with strong initiative, resilience, and a desire to continuously improve. Coachable, collaborative, and open to feedback.
- Experience with CRM and sales engagement platforms is an asset.
- Exposure to software, SaaS, financial services, commercial banking, consulting, recruiting, or M&A is considered an asset but not required.
- Undergraduate degree required; business, finance, economics, or related disciplines are preferred.
The expected base salary for this position is: CAD $110,000 - $120,000. Overall Target Earnings range from $185K - $200K + Options (when applicable) and uncapped earning potential. Salary is based on a number of factors including market conditions, location and may vary depending on job-related skills and experience.
This position is for an existing vacancy.
Diversity, Equity, Inclusion & Equal Employment Opportunity at Banyan: Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. As a collective, our goal is to impact lasting change through our actions. Together, we unite for equality and equity. Banyan is committed to equal employment opportunities regardless of any protected characteristic, including race, color, genetic information, creed, national origin, religion, sex, affectional or sexual orientation, gender identity or expression, lawful alien status, ancestry, age, marital status, or protected veteran status and will not discriminate against anyone on the basis of a disability. We support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.
Beware of Recruitment Scams
We have been made aware of individuals fraudulently posing as members of our Talent Acquisition team and extending fake job offers. These scams may involve requests for personal information or payment for equipment.
Protect yourself by following these steps:
- Verify that all communications from our recruiting team come from an @banyansoftware.com email address.
- Remember, employers will never request payment or banking information during the hiring process.
- If you receive a suspicious message, do not respond — instead, forward it to [email protected] and/or report it to the platform where you received it.
Your safety and security are important to us. Thank you for staying vigilant.
Job details
Banyan Software
About
Banyan Software is a buy and hold for life acquirer of vertical market software businesses. Founded in 2016 by David Berkal, Banyan was created to offer software owners a third option beyond selling to a competitor focused on cutting costs or a traditional investment firm that would resell the business a few years later. As a private company with no fund timeline and no exit pressure, Banyan holds and grows its businesses for life. Unlike private equity firms, Banyan preserves the culture, brand, and autonomy of each business rather than consolidating or cutting costs to maximize short-term returns. Every acquired company keeps its management team, brand identity, and customer relationships intact. Banyan works closely with each owner to find the right path forward, whether they want to stay at the helm, transition to an advisory role, or make a graceful exit. Many owners choose to retire or move on, either at closing or within a year or two. In those cases, Banyan partners with the outgoing owner to recruit a new CEO who is the right fit for the team and culture. Every Banyan company is paired with a dedicated Operating Leader who provides strategic guidance and support. Companies also gain access to the Banyan Business Community, which includes CEO Summits, functional Guilds, an online portal, and peer networks. Growth Enablement resources are available across finance, technology, sales and marketing, HR, legal, and talent. Banyan also invests in AI capabilities across its portfolio to help modernize products and accelerate growth. Banyan acquires profitable, market-leading enterprise software businesses with annual revenues generally greater than $2M, a high proportion of recurring revenue, strong customer retention, and engaged employees. The portfolio spans vertical markets including education, government, financial services, healthcare, media and entertainment, and transportation, with businesses across North America, the United Kingdom, Europe, and Australia and New Zealand
Key Team Members
Adam Cole
Michael Giske
Lisa Cowan
Alex Jarzebowicz
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