Teamshares
At a Glance
A job running something already bought, which is a different decision from buying one.
- Pricing
- Custom Pricing, Nothing published. Its own site never states a salary, never uses the word salaried, and publishes no equity percentage or vesting terms for the president.
- Best For
- Somebody who wants to run a company now and is not trying to buy one
- Track Record
- More than ninety businesses bought since 2019 across thirty states and forty industries, with more than seventy presidents in post today.
- Lane
- Employed
- Funds
- The deal only
- Based
- New York, with presidents in more than thirty states.
- Invests
- More than forty industries, named as a count rather than a list, across thirty states.
- Buys
- Companies with half a million to ten million dollars of EBITDA, bought from retiring owners.
- Before A First Call
- No credential published. It says all capable leaders have the opportunity and names diverse education and backgrounds as a strength, which is the absence said out loud, and it asks for a grounding in financials and data-driven decisions.
- First-Time Operators
- A statement that all capable leaders have the opportunity, and a request for a grounding in financials and data-driven decision making with empathy and a growth mindset. No credential, no years, and nothing a reader could fail on paper.
- How Long The Search Runs
- No length on the search and nothing about what happens if it ends without a deal, on the pages this review read. Ask what the clock is before you sign anything.
- Published Terms
- No check size, stake or fee on the pages this review read. Most firms on this shelf publish none, so ask early rather than late.
- What A Searcher Gets
- Not published on the pages this review read. It is the figure a searcher most wants and most of this shelf does not print it, so ask before the first call rather than after.
- Roadmap Stages
- 1. Learn & Choose Your Path3. Set Up & Fund the Search
Pros and Cons
Pros
- States the mechanism plainly and more than once, so nobody has to guess whether the president buys anything
- Publishes dated scale figures and keeps them current, naming more than ninety businesses bought since 2019 across thirty states
Cons
- Publishes no salary and never uses the word salaried anywhere on its own site, so the pay is asserted by the shape of the offer rather than stated
- Publishes no equity percentage or vesting terms for the president, and the only figure in circulation is a three-year-old remark reported by a journalist
- Publishes no credential bar at all, which reads as open and also means a reader cannot tell from outside what would screen them out
What Searchers Say
Read on its home page, its leadership page and its president recruiting site, all of which describe the same recruiting mechanism and none of which mentions pay.
How to Approach
Firms do not publish a term sheet you can prepare against, so this is how employed searcher (salary model) capital comes in, what it weighs, and how to arrive ready.
The Typical Arc
- A recruiting process more than a fundraise: you are applying to a program.
- A case or deal exercise and a panel with the partners who would back you.
- A salary and committed capital, in exchange for most of the equity.
What It Weighs
- Whether you can operate, since the firm is hiring a CEO.
- Fit with the firm's playbook and the cadence its portfolio runs at.
- Why you would trade ownership for a salary and a built-in backer.
How to Prepare
- Know the firm's thesis and portfolio cold. Investors
- Weigh salary and equity against owning outright. Path Economics
- Bring a real deal, underwritten end to end. Underwrite a Deal