Full-Time

Network Company President

Eastern Pittsburgh Metro Area

Posted on 10/31/2025

Teamshares

Teamshares

51-200 employees

Platform enabling employee ownership of businesses

No salary listed

Greensburg, PA, USA

In Person

Category
Business & Strategy (3)
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Requirements
  • 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.
  • Preferred experience in janitorial/cleaning services, facilities management, or a related service industry, with a proven track record of managing multiple customer accounts, ensuring high-quality service delivery, and effectively coordinating field teams. Adjacent or equivalent experience acceptable too.
  • Demonstrated ability to respond quickly to customer and employee needs, resolve operational challenges with urgency, and implement lasting solutions while maintaining client satisfaction.
  • 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.
Responsibilities
  • Serve as president of a small business in commercial cleaning services
  • Build, own, and execute a trackable, repeatable, and measurable sales process that delivers sustained revenue growth.
  • Determine/be responsible for all business strategy, operations, and P&L management
  • Lead an experienced team of existing employee owners
  • Designing and Implementing a Sales Engine: Develop from the ground up a structured, data-driven sales process that can be tracked, repeated, and measured for effectiveness. Continuously refine the process to improve conversion rates, shorten sales cycles, and increase customer retention.
  • 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: Lead efforts to grow the business through marketing, outreach, and the development of new service offerings and 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.
  • Small businesses sometimes require going above and beyond, and in cleaning services this may require occasionally rolling up your sleeves and manual work to get the job done.
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.
  • Preferred experience in janitorial/cleaning services, facilities management, or a related service industry, with a proven track record of managing multiple customer accounts, ensuring high-quality service delivery, and effectively coordinating field teams. Adjacent or equivalent experience acceptable too.
  • Demonstrated ability to respond quickly to customer and employee needs, resolve operational challenges with urgency, and implement lasting solutions while maintaining client satisfaction.
  • 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

Simplify Jobs

Simplify's Take

What believers are saying

  • Q4 2025 acquisitions added $15M EBITDA, expanding to over 90 subsidiaries.
  • $746M Live Oak SPAC merger raises $333M for Nasdaq Q2 2026 listing.
  • MPower, MUFG, Nomura investments fuel 2025 Japan expansion.

What critics are saying

  • SPAC merger fails from regulatory scrutiny, derailing Q2 2026 listing.
  • Japanese expansion collapses due to cultural mismatches in 12 months.
  • Employees cash out 10% stakes, causing turnover and profit erosion.

What makes Teamshares unique

  • Teamshares acquires SMEs at 5.3x EBITDA, unlike traditional ESOPs requiring employee capital.
  • Proprietary software and education enable 80% employee ownership over 20 years without resale.
  • Recruits mission-driven presidents for 90+ subsidiaries across 40 industries.

Help us improve and share your feedback! Did you find this helpful?

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

0%

1 year growth

0%

2 year growth

-1%
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 ...

Middle Market Information LLC
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.

Investors Hangout
Nov 14th, 2025
Teamshares Inc. Merges with Live Oak, Aiming for Rapid Growth

Teamshares Inc. merges with Live Oak, aiming for rapid growth. Sponsored By: Cboe More sizes. More expiries. More flexibility. Learn More Teamshares Inc. merger with Live Oak Acquisition Corp. V. In an exciting development for the financial and tech landscape, Teamshares Inc. is set to merge with Live Oak Acquisition Corp. V (NASDAQ: LOKV). This merger, recently announced, highlights a flourishing path for Teamshares as it integrates more robustly into the public market. Understanding the SPAC advantage. A Special Purpose Acquisition Company (SPAC) is commonly referred to as a "blank check company". It allows investors to pool funds and acquire private firms, giving those firms a quicker avenue to access the public markets without facing the lengthy traditional IPO process. By going public through a SPAC, Teamshares can sidestep some delays associated with conventional IPOs, thus accelerating its entry into a space where it can significantly enhance its operational reach and business flexibility. Transaction insights. The merger values the combined entity at an impressive pro forma enterprise value of $746 million, showcasing robust expectations from the involved parties. Specifically, a pre-money equity value of around $525 million has been established. Teamshares is not just securing a public listing but has also systematized a method of acquiring businesses with profits ranging from $0.5 million to $5 million. This strategy allows them to revamp these businesses into a cohesive framework while facilitating employee ownership. Sponsored By: Cboe More sizes. More expiries. More flexibility. Learn More Financial structure and investment. The deal includes significant funding commitments, amounting to $126 million in common-equity from various institutional backers. This financial backing is indicative of strong confidence in Teamshares' innovative approach to business acquisition and employee engagement. Projected net proceeds from the merger could soar to $333 million, combining the mentioned PIPE investment with trust cash. Such funds are earmarked for acquiring new subsidiaries, enhancing the company's growth trajectory. Future of Teamshares. As the evaluation proceeds, it is anticipated that the merger will conclude, paving the way for operations to kick off under the Teamshares banner in what is expected to be a vibrant public presence on Nasdaq, utilizing the ticker symbol "TMS". What makes the Teamshares initiative particularly compelling is its dual focus on helping retiring business owners transition smoothly while fostering employee stock ownership. This model is not only beneficial for employees but also positions the companies for long-term success. Management insights. Richard Hendrix, Chairman and CEO of Live Oak Acquisition Corp. V, emphasized the strategic benefits that Teamshares can leverage through its strong cash flow and acquisition model. The operational subsidiaries will allow reinvestment opportunities to enhance shareholder value. Similarly, Michael Brown, Co-founder and CEO of Teamshares, pointed out a critical issue in the market: the challenges faced by retiring business owners, many of whom struggle to find viable successors. Teamshares emerges as a solution that assists these owners while securing employee wealth through stock earnership. Investors and stakeholders are eagerly reflecting on the potential upsurge in share value, as LOKV shares recently closed at $10.38, marking a small gain, which could point to optimistic market sentiment surrounding the merger. As Teamshares embarks on this transformative journey, the landscape for small to medium enterprises may witness significant changes. The commitment to enhancing employee ownership and facilitating seamless transitions for retiring owners could establish new benchmarks in operational success and employee engagement. Frequently asked questions. What is the purpose of the merger between Teamshares and Live Oak? The merger aims to facilitate Teamshares' access to public markets and to accelerate growth through the acquisition of small businesses, while promoting employee stock ownership. What is a SPAC? A SPAC, or Special Purpose Acquisition Company, is a publicly traded entity that raises capital to acquire a private company, providing that firm a faster route to going public. How much is the merger valued at? The merger is valued at a pro forma enterprise value of approximately $746 million. What is Teamshares' business model? Teamshares focuses on acquiring businesses with EBITDA between $0.5 million to $5 million and aims to integrate these companies into their platform, allowing employees to earn equity. What is expected after the merger is finalized? Once the merger concludes, Teamshares will operate as a publicly traded entity under the ticker symbol 'TMS' on Nasdaq, with plans to significantly expand its business operations. Dominic Sanders here, a writer and financial specialist committed to helping my readers understand the world of finance. Having a strong financial background and a lot of experience, I concentrate on using my blog posts and articles to translate difficult financial subjects into understandable, doable advice. My goal in writing is to arm you with the information and skills need to make wise financial choices. Writing for several financial blogs has let me interact with a wide range of readers, from novice investors seeking new perspectives to seasoned investors. My mission is to make money understandable and approachable so you may confidently take charge of your financial future. I appreciate you walking this road with me to success and financial literacy. Contact Dominic Sanders privately here. Or send an email with ATTN: Dominic Sanders as the subject to [email protected]. About investors Hangout. The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact Investors Hangout, LLC for corrections.

Business Wire
Apr 24th, 2025
Generational Group Advises Story First, Inc. dba The Costumer in its Sale to Teamshares

Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of Story First, Inc. dba ...

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