We’re always looking for Entrepreneurs Through Acquisition (’ETA’): motivated, ambitious and talented mid-career professionals and/or entrepreneurs ready to take the next big career step - without building the company from scratch.
About Us
It all starts with a huge problem SMBs are facing.
As the overall age of the western population increases, micro and small businesses are struggling with succession planning . Retiring owners often don’t have relatives to pass on their small family business to and exit opportunities to third-parties of employees are rare. Consequently, the majority of them are shutting down endangering millions of jobs.
In Italy, our first geography of interest, nearly 80%, meaning 4 out of 5 companies below €10M in revenue, will shut down because of a loss of continuity. We’re talking about a huge know-how that won’t be transferred and tens of thousands of employees that will be sent home.
This is why ate’re building a tech platform which:
- Acquires these small businesses whose founders are retiring
- Gives the majority of the shares back to the employees
- Supports these companies in creating a bridge to a solid and scalable future
A few insights about the companies we're targeting:
- Up to €5M in revenue ;
- 10%+ Ebitda margin;
- B2b , services and manufacturing;
- Based in Italy ;
- Owner looking for retirement ;
- No consumer, distressed companies or turnarounds.
Who we’re looking for
We’re looking for an Entrepreneur Through Acquisition (’ETA’): A motivated, ambitious and talented mid-career professional and/or entrepreneur ready to take the next big career step - without building the company from scratch.
As Equis acquires these SMBs, we offer experienced executives a structured opportunity to become an entrepreneur through acquisition while having the support of a powerful tech platform and an internal ecosystem made of business experts with great expertise.
The partnership between Equis and the successful candidate extends beyond an employment/employer contractual relationship and will be defined by several agreements , willing to turn the candidate into the CEO and new entrepreneur of an acquired company.
Our selection process is highly competitive and includes several interviews , case assignments and personality assessments .
Responsibilities
- Based on your experience, we will define together the company that best suits your experience , where you’ll become CEO and new entrepreneur (or if you have identified a target company, we can match it with capital);
- Definition of the growth strategy of the company, with a 120-day plan and a longer term view, with a goal to grow at least double digit both revenue and ebitda, yoy;
- Creation of a culture that embraces innovation and digital transformation ;
- Total review of the product and service offerings, strategy, positioning and gaps identification ;
- Identification and development of geographical expansions and other value creation opportunities ;
- Preserve a profitable growth while looking for automation and efficiencies improvement.
Requirements
- Min. 3+ years in leadership roles managing a team of cross-functional employees;
- A previous full and demonstrated P&L; responsibility ;
- Lived and worked in Italy for at least 3 years;
- Fluent in Italian and English .
Nice-to-have requirements
- Experience managing and operating an SME;
- Owner, Founder or Co-founder of a Startup;
- Experience in Business development on multiple countries;
- Experience in International expansion;
- Experience in successful Business transformation;
- Consulting experience from a top consulting firm (Bain & Company, McKinsey, Boston Consulting Group);
- Executive MBA (EMBA) or MBA from a top tier business school (IESE, Insead, HEC Paris, LBS, IMD).
What we offer
- Salary: up to €80k at day 1, based on the company size, subject to fast growth depending on how fast goals are reached;
- from 5% to 8% after a few months;
- up to 25%+ in 10 years;
- and up to 60%+ in 20 years, based on results;
- Start date: based on the acquisition timeline, we’re hiring on a continuous basis;
- Geography: Italy, precise location based on the company HQ, on-site;
- Type of job: tempo pieno.
Why Equis and not a search fund or another type of SME
- We buy the company providing the capital and make it available immediately;
- Tangible salary from day 1;
- No search period, hit the ground running immediately;
- Majority shares in the long term;
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📌 CEO / Entrepreneur Through Acquisition (Lodi)
🏢 Equis
📍 Lodi