Full-Time
Tax Manager
Confirmed live in the last 24 hours
Teamshares
51-200 employees
Facilitates employee ownership of small businesses
Senior, Expert
San Antonio, TX, USA
Position requires onsite presence in San Antonio, TX.
- Bachelors degree in accounting and/or finance
- Minimum 7+ years of experience
- Active CPA license
- Primary point of contact for client relationships in the traditional tax and accounting services, financial and estate planning, and occasionally providing assistance to attorneys as forensic accountant and expert witness.
- Leading a collaborative team
Teamshares facilitates employee ownership of small businesses, particularly targeting 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 model helps maintain business continuity and prevents job losses that can occur when a business is sold or closed. 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 focuses on recruiting dedicated leaders to manage these businesses, ensuring they are well-trained and equipped to succeed.
Company Stage
Debt Financing
Total Funding
$214.3M
Headquarters
New York City, New York
Founded
2019
6 month growth
↑ 5%1 year growth
↑ 0%2 year growth
↑ 5%
Simplify's Take
What believers are saying
- Teamshares has acquired over 90 SMEs, creating 2,600 employee shareholders.
- The company secured $225 million in debt financing for further growth.
- Expansion into Japan indicates international interest in their business model.
What critics are saying
- Increased competition from tech-enabled platforms like SKROL.
- Potential cultural and regulatory challenges in Japan expansion.
- Reliance on debt financing could pose risks if businesses underperform.
What makes Teamshares unique
- Teamshares is a market leader in small business employee ownership.
- The company uniquely targets retiring small business owners for acquisitions.
- Teamshares gradually transitions businesses to 80% employee ownership over 20 years.
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