Department : Expansion Location : Frankfurt Contract : Internship Duration : 3-6 months Start Date: January 2026 The role Ardian’s Expansion team is offering an internship opportunity in the Frankfurt office to assist the daily work of private equity investment professionals, particularly including the identification, analysis and execution of investments. The visiting associate will have significant responsibilities from day one and become an integral part of the team, with high levels of interaction with investment professionals from the Expansion team, support functions and external industry experts. High performing previous visiting associates have become permanent hires in the Ardian Expansion team. Key responsibilities for the visiting associate will include: Collect and analyze information on target companies, their competitors and business sectors, as well as prepare materials for and participate in meetings with industry experts, managers, etc. Participate in the assessment of investment opportunities (business analysis, financial modelling, company valuation, identification of comparables, interviews with industry participants, etc.) Participate in the investment process (including drafting investment memoranda and reviewing due diligence work performed in various areas: commercial, financial, legal, etc.) Support monitoring of and preparing potential exits for current ARDIAN portfolio companies This list is not exhaustive and will vary depending on the capabilities of the intern and the needs of the team. Required skills Broad set of quantitative, qualitative and interpersonal skills (strong team player) Intellectual rigor and discipline; ability to organize and perform work efficiently Excellent analytical skills, with high level of attention to detail Strong knowledge of financial statement analysis, financial modelling, valuation Proficiency in Excel, Word and PowerPoint Profile Currently enrolled as a bachelor or master’s student at a leading business school or university Excellent academic background At least one previous internship in one of the following areas is beneficial: - Private Equity - Investment Banking (M&A, Leveraged Finance) - Transaction Services - Strategy Consulting German and English fluency About the Team The Ardian Expansion team spreads across Paris, Frankfurt, Milan and Luxembourg with the aim of investing in mid-cap companies. With assets of US$4bn managed or advised, their value creation is based on internationalization and digitalization of national or European champions as well as implementation of active buy-and-build strategies for growing geographically or in terms of expertise. Putting sustainability as well as digital transformation at the heart of their business, the pan-European investment team, composed of 28 investment professionals, has developed strong partnerships with leading players across multiple industries while acquiring a strong expertise, especially in IT & technologies, medtech & healthcare as well as business services sectors. Application process Please send your application (CV and covering letter) by clicking on APPLY .