We're always looking forEntrepreneurs 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 UsIt 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 shuttingdown 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 atech 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%+ Ebitdamargin;
B2b, services and manufacturing;
Based inItaly;
Owner looking forretirement;
No consumer, distressed companies or turnarounds.
Who we're looking forWe're looking for anEntrepreneur 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 astructured opportunity to become an entrepreneur through acquisitionwhile having the support of apowerful tech platform and an internal ecosystemmade of business experts with great expertise.
Thepartnershipbetween Equis and the successful candidate extends beyond an employment/employer contractual relationship and will bedefined by several agreements, willing to turn the candidate into the CEO and new entrepreneur of an acquired company.
Our selection process ishighly competitiveand includesseveral interviews,case assignmentsandpersonality assessments.
Responsibilities
Based on your experience, we will define togetherthe 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 thegrowth strategyof 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 embracesinnovation and digital transformation;
Total review of theproduct and service offerings, strategy, positioning and gaps identification;
Identification and development ofgeographical expansions and other value creation opportunities;
Preserve aprofitable growthwhile looking for automation and efficiencies improvement.
Requirements
Min. 3+ years inleadership rolesmanaging a team of cross-functional employees;
A previous full and demonstratedP&L; responsibility;
Lived and worked inItalyfor at least 3 years;
Fluent inItalianandEnglish.
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;
#J-*****-Ljbffr
📌 Ceo / Entrepreneur Through Acquisition (Varese)
🏢 Equis
📍 Varese