Novastone Capital Advisors: Searcher Program
The Position
Search on Salary. Search for a company with the firm's capital and its network behind you, then run it as its chief executive.
Cycle: Rolling international intake.
The firm takes applications at any time.
Window: Applications received throughout the year.
At a Glance
- Location
- International; 31 companies acquired across 11 countries.
- Pay
- Salaried
- Compensation
- A salaried search backed by NCA's investor network.
- What You Do
- A search phase of up to 24 months, beginning once the program documents are signed and the SPV is launched, then operate the company.
- Recruits On
- It weighs operating experience: time running something, rather than a degree.
- Who Can Apply
- Experienced operators who arrive with one to three focus industries and relevant experience in them, which the program requires of every participant.
The Company
Novastone Capital Advisors is reviewed in full in the directory, with its model, pricing, and the searcher case for and against it, and because it also backs searches, the same page carries its fit as a backer and how to approach it: read the Novastone Capital Advisors review.
Interview Prep
These programs do not publish their interview scripts, so this is the shape a search on salary program hires on, what it is really weighing, and how to arrive ready.
The Typical Arc
- A written application and resume screen, weighing operating exposure as much as deal exposure.
- A case or deal exercise: a target to assess, or a plan for one of the firm's portfolio companies.
- A panel with the partners who would back and govern you.
- Reference and background checks before an offer.
What It Is Assessing
- Whether you can operate, not only analyze: the firm is hiring a CEO, not an associate.
- Deal judgment: telling a good acquisition from a merely plausible one.
- Fit with the firm's stated playbook and the cadence its portfolio runs at.
How to Prepare
- Know the firm's thesis and portfolio cold before the first call. Investors
- Bring a real deal you would pursue, underwritten end to end. Underwrite a Deal
- Have an answer to why you would operate on salary rather than own outright. Path Economics
- Make the operator case on one page, not a resume. Buyer Profile Builder
More on the Board
A salaried seat is a form of capital: the employed lane on Investors weighs these programs beside the funds, and the Path Economics Comparer prices it against searching on your own money.