Teamshares

Industry Lead - MEP

Remote

Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Manufacturing, Electrical, Plumbing, Industrial, Skilled TradesIndustries

Requirements

Candidates should possess 10+ years of experience in business leadership, general management, or portfolio management, demonstrated success managing or overseeing multiple P&L statements, strong financial acumen with budgeting, forecasting, and performance analysis, experience in industrial, manufacturing, or skilled trades environments, a proven ability to lead through influence, especially with seasoned operators, comfort working with both high-level strategy and detailed operational issues, and excellent communication, coaching, and interpersonal skills. A Bachelor’s degree in business, finance, or engineering (MBA or similar preferred) is also required.

Responsibilities

The Industry Lead will own P&L responsibility for the portfolio, work with business leaders to establish annual plans and manage achievement of aligned up on revenue, EBITDA, and cash flow targets, manage and support the leaders of each portfolio company as a coach and accountability partner, track and drive KPIs across businesses, identify underperformance and work collaboratively to implement turnaround strategies, partner with company leaders to develop growth plans, capital investment strategies, and operational improvements, serve as the main point of contact between the individual network companies and Teamshares, prepare and present regular updates on performance, risks, and opportunities, identify and drive cross-portfolio synergies (shared services, procurement, best practices), ensure that all businesses are operating within legal, ethical, and financial standards.

Skills

Business Leadership
General Management
Portfolio Management
Financial Oversight
Budgeting
Forecasting
Performance Analysis
Leadership
Influence
Operational Strategy
Communication

Teamshares

Facilitates employee ownership of small businesses

About Teamshares

Teamshares facilitates employee ownership of small businesses, focusing on those whose owners are nearing retirement. The company purchases these businesses and gradually transfers ownership to the employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold to an outside buyer. Teamshares generates revenue from the profits of the businesses it acquires and also offers proprietary software, education, and financial products. By promoting employee ownership, Teamshares not only supports the financial stability of employees but also strengthens the local economy by preserving small businesses. The company differentiates itself by recruiting mission-driven leaders for the acquired businesses and providing them with extensive training.

Key Metrics

New York City, New YorkHeadquarters
2019Year Founded
$214.3MTotal Funding
DEBTCompany Stage
Fintech, Social ImpactIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Paid Vacation
Paid Sick Leave
Paid Holidays
401(k) Company Match
401(k) Retirement Plan
Profit Sharing
Paid Parental Leave

Risks

Expansion into Japan may expose Teamshares to unfamiliar regulatory environments.
Increased competition from platforms like SKROL could challenge Teamshares' market position.
Reliance on debt financing could increase financial risk if businesses underperform.

Differentiation

Teamshares is a market leader in small business employee ownership with 84 acquisitions.
The company uniquely transitions 80% ownership to employees over 20 years.
Teamshares provides proprietary software, education, and financial products to acquired businesses.

Upsides

Teamshares plans to expand into Japan, supported by major financial institutions.
The 'small business silver tsunami' offers significant acquisition opportunities for Teamshares.
Increased interest in employee ownership models supports Teamshares' mission and growth.

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