Business Development Associate

Position Title: Business Development Associate Reporting To: Chief Development Officer Location: Chicago, IL Company: Thrive Physical Therapy Partners Company Overview Thrive Physical Therapy Partners (“Thrive”) is a physical therapy support organization with the mission of improving the lives of clinicians, patients, business owners and team members by providing proven non- clinical business support services in a collaborative and clinician-focused environment. Thrive acquires, invests in, and partners with leading outpatient physical therapy clinics in the greater Midwest. Thrive provides non-clinical support, resources, and scale so that clinicians and team members can focus their time on delivering exceptional patient care. More information on Thrive can be found at www.ThrivePTPartners.com. Tyree & D'Angelo Partners ("TDP") is a private equity investment firm that focuses on control investments in the lower middle market (companies with $1-5M of EBITDA). We look for investments where we can establish true collaborative partnerships with business owners and management teams that will lead to substantial value creation over a long-term investment horizon. TDP’s track record of building high-growth and lower risk companies is driven by a buy & build investment strategy, that is based on tested methods of value creation and a true partnership approach with executives and business owners. TDP works in collaboration with executive leaders utilizing an investment thesis driven process designed to build companies with a differentiated customer value proposition. TDP invests in the healthcare, consumer, and business services sectors, focusing on high-quality founder owned businesses that we can grow with our high probability of success process. TDP companies have completed over 1,000 partnerships, have grown to over $4 billion of enterprise value, and TDP has over $1.4 billion of capital under management. For more information, please visit www.TDPfund.com Thrive is seeking a hands-on Business Development Associate to join the high-growth, fast-paced, and driven team. The chosen candidate will focus on lead generation, prospecting, relationship building, pipeline management, and target achievement, while being enthusiastic about the physical therapy space and a team player. Primary Job Responsibilities - Primarily generate leads through cold calling efforts - Support other lead generation efforts such as conference attendance, marketing campaigns etc. - Build deep pipeline of future acquisition opportunities - Outbound prospect qualification and company research - Manage and maintain prospect database ensuring accuracy and integrity - Work closely with business development team to progress leads through the deal cycle - Assist in marketing campaigns - Manage outbound mailing program and track response rates - Assist in additional administrative tasks as needed - Be a team player in a fast-paced and entrepreneurial environment Requirements - Bachelor's degree in business, marketing, or a related field (or equivalent work experience). - Proven experience in sales, lead generation, or business development roles. - Excellent communication skills, both written and verbal, with the ability to articulate complex ideas effectively. - Strong interpersonal skills and the ability to build rapport with business owners. - Self-motivated and target-driven mindset with the ability to work independently and as part of a team. - Results-oriented approach with a track record of meeting or exceeding sales targets. - Proficiency in using CRM systems and sales productivity tools. - Strong organizational and time management skills to handle multiple prospects and tasks simultaneously. - Adaptability and willingness to learn about new industries, products, or services. - Knowledge of market research techniques and industry analysis is a plus - Local to the Chicago, IL area Compensation - Base salary of $50,000 - $55,000 plus uncapped commission potential with OTE of around $70K