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SMEVenturesSM

Search Fund Entrepreneur

SMEVentures is an entrepreneurial private equity firm that employs the search fund model to identify, acquire, and operate SMEs in the Asia Pacific region, providing succession solutions for retiring business owners and opportunities for new entrepreneurs.

SMEVentures

Employee count: 1-10

Australia only

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We are seeking ambitious and talented individuals to join our platform as Search Fund Entrepreneurs or "searchers". As a searcher at SMEVentures, you will embark on the journey to identify, acquire, and subsequently operate a high-potential business as its CEO.

As of November '23, two-thirds of search fund acquisitions in Australia have been completed by SMEVentures-backed searchers. With the support of our experienced team, tech-powered sourcing engine, and vast network, SMEVentures searchers are empowered to succeed as future CEOs.

Requirements

To understand the path of a search fund entrepreneur, and before applying for this position, we strongly suggest reading through the entire SMEVentures blog. To understand what we look for in a searcher, read this post.

Deciding to search is a much, much bigger decision than applying for a job. Yes, you will get paid. And yes, you will work your tail off. However, this choice will likely carry far more weight than any other career move you have made to date for the following reasons:

  1. Once you experience the thrill of running your own business, there’s no turning back. You will find it difficult to be satisfied with nearly any other occupation.
  2. The opportunity cost is significant. You must be ready to dedicate the next 7-10 years to this project, a period during which you may have otherwise taken several other jobs or received several promotions, working your way up the corporate ladder.
  3. The upside opportunity is even more significant, both from an economic standpoint and in terms of personal development.

If a search fund is the right path for you, then you’re making one of the best decisions of your life. If not, then be prepared for a bumpy road. I therefore suggest taking time with your responses. Take them to heart, and treat them with care.

Lastly, please note that we currently partner only with entrepreneurs in Australia and New Zealand. On rare occasions, we will consider working with a searcher elsewhere in Asia Pacific.

Thank you for your interest, and we very much look forward to hearing from you.

Benefits

By partnering with APAC's premier ETA platform since 2020, you will drastically improve your probability of success by gaining momentum quickly, conducting a powerful search, and buying the right company:

  • Tech: Access our advanced search engine, integrating multiple tools and automations, letting you concentrate on strategic decisions.
  • Data: Rely on our dedicated team of analysts who gather essential data, enabling you to focus on engaging with sellers.
  • Coaching: Benefit from our experienced guidance to refine your search mechanics, target lucrative sectors, and source optimal deals.
  • Capital: Tap into our esteemed investor network to promptly fund your search and deal, with investors who value your commitment of time and effort.
  • Community: Be part of a passionate team of entrepreneurs and analysts, collaborating to discover industries, devise tools, and formulate strategies.
  • Network: Join our exclusive circle of diverse professionals, from investors to business owners, all united with a common goal: acquiring outstanding businesses.

About the job

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Job type

Full Time

Experience level

Location requirements

Hiring timezones

Australia +/- 0 hours

About SMEVentures

Learn more about SMEVentures and their company culture.

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We are SMEVentures, and we're passionate about safeguarding legacies and fostering the next generation of entrepreneurship in Australia and the wider Asia Pacific region. We established our firm in 2019 with a clear mission: to provide a smooth and reliable continuity solution for small and medium-sized enterprise (SME) owners who are looking to retire or embark on their next adventure. We understand that for many, their business is more than just an asset; it's their 'baby,' a culmination of years of hard work and dedication. Our unique approach is specifically designed to preserve and honor the legacy they've built by ensuring capable stewardship for the future.

Our model pairs talented, aspiring entrepreneurs with established SMEs in need of a succession plan. This creates a win-win situation: outgoing owners gain peace of mind knowing their business is in good hands, and incoming entrepreneurs get the dream-come-true opportunity to lead and grow an existing company. We employ an internationally proven buyout model known as the 'search fund,' which was originally developed at Harvard and Stanford in 1984. As a pioneer of this model in the Asia Pacific, our diverse team supports these entrepreneurs through every critical step of the process. This includes everything from meticulously researching attractive industries and sourcing potential acquisition opportunities to skillfully negotiating deals, assembling effective boards, and ultimately, managing the acquired companies. We believe SMEs are the engines of Australia's economy, and at a time when the APAC region is facing a significant family business succession crisis, we are proud to be importing and implementing a proven solution to address this challenge. Our focus is on finding great businesses and connecting them with top-notch entrepreneurial talent to ensure their continued success and contribution to the economy.

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