Full-Time

Network Company President

Updated on 9/3/2026

Teamshares

Teamshares

51-200 employees

Platform enabling employee ownership of businesses

No salary listed

Portland, OR, USA

In Person

Category
Business & Strategy
Required Skills
Sales

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Responsibilities
  • Serve as president of a small business in the mechanical and electrical services industry
  • Determine/be responsible for all business strategy, operations, and P&L management
  • Lead an experienced team of existing employee owners
  • Collaborating on Financial Decisions: Work closely with the bookkeeper to make informed decisions about ongoing expenses and capital purchases, optimize efficiencies, and develop business metrics.
  • Driving Business Growth: Take direct ownership of outbound sales efforts, including pursuing project- and bid-based opportunities and expanding into new B2B accounts.
  • Managing HR and Personnel Matters: Handle HR responsibilities, including staff disputes, employee performance evaluations, job reviews, raises, and bonuses.
  • Analyzing Business Practices: Analyze current business methods and practices, and promote opportunities for team development and growth.
  • Relationship management: invest in your local community, and build strong relationships with customers, vendors, and partners.
  • Transitioning to Employee Ownership: Collaborate with Teamshares and fellow shareholders during the transition to employee ownership, coaching and partnering to instill an owner’s mindset that drives better business outcomes and fosters a positive company culture.
  • Leading Growth Initiatives: Act as a growth leader, working with employee-owners to improve company operations and expand revenue opportunities.
Desired Qualifications
  • Proven Sales Process Expertise: Demonstrated ability to build and manage a trackable, repeatable, and measurable sales process, with a record of delivering consistent revenue growth. Skilled in using data to drive decisions, measure success, and refine approach over time.
  • Industry Experience or Adjacent Exposure: Experience in or familiarity with mechanical and electrical services, light manufacturing, repair/maintenance, distribution, or construction-related sectors is highly valuable.
  • Relationship-Driven and Community-Oriented: A natural connector who fosters long-term, trust-based relationships with customers, vendors, and the broader community through a thoughtful blend of professional engagement and authentic, personalized connection.
  • Prioritization and Delegation: Proven ability to prioritize and delegate tasks based on urgency and impact, addressing critical issues efficiently while staying focused on long-term goals.
  • Clear Communication and Collaboration: Ability to communicate effectively, solve problems, and foster constructive collaboration with all employees.
  • Demonstrated Leadership Skills: Proven people leadership abilities through previous work experiences, with strong interpersonal and communication skills and a low-ego approach.
  • Entrepreneurial Mindset: Possess an entrepreneurial spirit with a desire to build and innovate.
  • Project Management and Problem-Solving: Proven project management and problem-solving skills, coupled with a humble, hands-on, get-it-done attitude.
  • Business Acumen: Strong business acumen and analytical skills to oversee company financials and develop effective business strategies.
  • Growth Mindset: Embrace a growth mindset, with a willingness to explore new ideas, learn from mistakes, and innovate.
  • Agility and Flexibility: Demonstrate an open, agile mind, equally adept at thinking creatively and critically, with a flexible and generous spirit and a natural bias toward action.
  • Strategic Partnership: Ability to partner with stakeholders to establish a clear vision, define measurable KPIs, and develop strategies to achieve financial goals.

Teamshares is a platform that helps small businesses transition to employee ownership when owners retire. It buys retiring owners' businesses and gradually transfers stock to employees, starting with 10% equity and increasing to 80% over 20 years, to preserve business continuity and jobs. Revenue comes from profits of acquired businesses and from offering proprietary software, education, and financial products. The company differentiates itself by focusing on mission-driven leadership and long-term owner-to-employee equity transfers rather than traditional buyouts, aiming to redistribute stock wealth and strengthen local economies. Its goal is to redistribute $10 billion of stock wealth to hard-working Americans while keeping small businesses alive and employees financially invested in their work.

Company Size

51-200

Company Stage

IPO

Headquarters

New York City, New York

Founded

2019

Get referred to Teamshares

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Revenue rose 20% in Q2 2026 to $148.7 million; Adjusted EBITDA reached $9.6 million.
  • Teamshares closed two acquisitions in 2026 and repaid $54.5 million of debt.
  • Ten August 2026 LOIs represent about $30 million annual EBITDA, supporting 2026 growth.

What critics are saying

  • Teamshares carries $187.8 million debt maturing within 12 months; refinancing failure threatens solvency.
  • August 2026 warehouse and refinancing term sheets remain non-binding, delaying acquisition financing.
  • LOIs are mutually non-binding; missed closes or integration failures would stall EBITDA growth.

What makes Teamshares unique

  • Teamshares blends acquisition, software, and education to convert retiring-owner businesses into employee-owned firms.
  • It targets $0.5 million-$5 million EBITDA companies, an ignored succession niche with repeatable sourcing.
  • June 2026 Nasdaq listing gives Teamshares permanent capital for acquisitions, unlike traditional ESOP advisors.

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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

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-2%

2 year growth

0%
Associated Press
Jul 24th, 2026
Teamshares to release Q2 2026 earnings on 14 August

Teamshares will release its second quarter 2026 financial results before market open on 14 August 2026. Management will host a conference call at 8:30 EDT the same day to discuss the results. The company is a tech-enabled acquirer of small and medium-sized enterprises, acting as a permanent home for businesses when owners retire. Teamshares programmatically acquires companies with $0.5 million to $5 million of EBITDA from retiring owners, integrates them with its platform, and helps employees earn company stock. Founded in 2019, Teamshares operates subsidiaries with consolidated revenue of $490 million across over 40 industries and 30 states.

Yahoo Finance
Jun 10th, 2026
Teamshares targets $100M EBITDA by 2027 through tech-enabled SME acquisitions

Teamshares, a tech-enabled acquirer of small and medium-sized enterprises, is preparing for a NASDAQ listing as it pursues a massive market opportunity in business succession planning. The company buys businesses with $500,000 to $5 million in EBITDA from retiring owners, operating as a consolidated company rather than an investment fund. CEO Michael Brown said Teamshares has acquired over 90 companies with approximately $500 million in consolidated revenue. The company plans to grow from $19 million EBITDA in 2025 to $100 million by 2027, capitalising on 4.5 million small businesses owned by baby boomers and Gen X requiring succession planning over the next 20 years. Teamshares achieved positive consolidated EBITDA in 2025. The public listing will provide faster, cheaper access to acquisition financing.

Malvern Online
Jan 20th, 2026
Teamshares acquires $15M EBITDA in Q4 2025 ahead of anticipated Nasdaq listing

Teamshares, a tech-enabled acquirer of small-to-medium enterprises, completed four acquisitions in the fourth quarter of 2025 with combined last twelve-month EBITDA exceeding $15 million. The company acquired these businesses at an average EBITDA multiple of approximately 5.3x, maintaining its focus on disciplined capital allocation. The acquisitions align with Teamshares' strategy of targeting family enterprises with EBITDA between $0.5 million and $5 million. The company now operates over 90 subsidiaries across more than 40 industries, with average operating histories exceeding 35 years. Teamshares also closed approximately $30 million in interim financing in December 2025 through a credit facility with JBA Asset Management to fund working capital, acquisitions and general corporate purposes. The company is moving towards an anticipated Nasdaq listing in the second quarter of 2026 via business combination with Live Oak Acquisition Corp. V.

Business Wire
Nov 17th, 2025
Teamshares, a Tech-Enabled Acquiror of High-Quality SMEs, to List on Nasdaq via Live Oak V Combination; $126 Million PIPE Led by Accounts Advised by T. Rowe Price Investment Management, Inc.

Teamshares Inc. (“Teamshares” or the “Company”), a tech-enabled acquiror of high-quality small-to-medium size enterprises (“SMEs”), and Live Oak Acquisition ...

The Middle Market
Nov 14th, 2025
Teamshares Merges with Live Oak SPAC

Teamshares, a company that transitions small- to medium-sized businesses to employee ownership, is merging with Live Oak Acquisition Corp V, a SPAC backed by T. Rowe Price. The $746 million deal is expected to raise up to $333 million in gross proceeds, including a $126 million PIPE led by T. Rowe Price and other investors, plus cash from the SPAC's trust. Teamshares operates in 40 industries across 30 U.S. states.