Springtide Thailand Co., Ltd

Business Development Manager

Springtide Thailand Co., Ltd
THB 55,000 - THB 90,000 /month
Posted on 6-May-21

Business Development Manager

Springtide Thailand Co., Ltd

Job Highlights

  • Prospect and acquire up to 20 E-Commerce brands
  • 3 Founders from Harvard and Stanford
  • New ventures = High Personal Growth

Job Description

Business Development Manager

Springtide is a SME-focused investment fund (www.springtideequitypartners.com). We have been identifying high potential businesses in Thailand for investment since 2015. Our first investment, the natural haircare brand Khaokho Talaypu, has grown 5x since 2015, and is now the #1 Herbal Shampoo in Thailand.

We are recruiting our first employee for an exciting, new project to acquire, integrate and operate several e-commerce brands onto a common operating platform. The project is backed by well-connected and experienced investors who believe that many online brands have significantly higher growth potential with larger investment and access to a professionally managed operating team. We are looking for a talented business development leader with strong entrepreneurial qualities to help the founding team identify and evaluate online brands for acquisition. Over time, we hope to accumulate as many as 20 brands with leadership potential in their respective niches.

The project will be led by three Springtide principals with significant international and local experience in the Consumer Goods, E-Commerce, and Technology space. To our knowledge, this has not been attempted in our market, and promises to be a transformative and rewarding challenge for all involved.

Job Description

  • Full time business development manager to work alongside the founding team start a new entity that acquires and grows E-Commerce brands (details are confidential and will only be shared prior to extending an offer)
  • Analyse our proprietary database of high performing e-online brands to identify acquisition targets.
  • Prepare and execute an outreach program to contact and negotiate acquisition with the targeted companies and brands identified.
  • Develop business cases and growth plans for each brand to approve funds from our investment committee.
  • Help to create and build the shared operating entity that will house the brands we acquire.

Job Requirements

  • Strong interest in pursuing an entrepreneurial venture. Dynamic, creative, and positive. Ready to take on the exciting challenge of building a multi-brand conglomerate.
  • 2-5 years’ experience as a high performing management trainee, business development executive, or private equity associate at Thailand’s leading Corporations, Banks, Investment Funds, or Professional Services firms. A track record of directly prospecting and evaluating business acquisitions is preferred.
  • Self-sufficient and well organized – before we recruit the rest of the team, you will be working on your own, and you will need to be driven, efficient and resourceful.
  • Personable and strong negotiation skills.  Part of your job scope will be to personably reach out to brand-owners, make a case for why they should sell their brand/business and negotiate the terms with them.
  • Further experience in E-Commerce and Digital Marketing will be highly valued. The targets are consumer-facing brands. We will be looking for candidates with strong intuition for Thai consumer preferences and good analytical skills to develop growth plans.
  • Excellent written and spoken communication skills. Comfortable speaking English and Thai to all levels of counterparties.

Location

  • Our office is currently located at the Sorachai Building in Sukhumvit 63, Bangkok.

Compensation

The job on offer is a full-time engagement, and will pay between THB50,000 and THB90,000 per month depending on experience and qualifications. Basic expenses will also be covered. Further benefits and bonuses will be discussed prior to a formal offer.

Additional Information

Career Level
Middle
Qualification
Degree
Years of Experience
2 years
Job Type
Full Time, Contract

Company Overview

Committed to active investments in a select group of Thai SMEs.
Unlike many other funds, Springtide limits it's portfolio to a maximum of five SME companies. This is so we can be actively involved in the companies we invest in.

​We believe that for SMEs to achieve their full potential, we need to provide not just financial investment, but also management support. We do this by committing our Principals to management roles and by activating our Investor Group to lend supporting relationships to the businesses we invest in. Providing human, not just financial capital helps solve many of the issues we see in SMEs as they seek to grow to the next level. 

As a private fund, we are not held to strict deal criteria or timelines to exit our investment. Instead, our commitment is open-ended and for the long term. Each investment, whether for a minority, majority or complete stake, is discussed and customized to the objectives of the business owner. We have the flexibility and to work with owners to structure a deal that satisfies all parties. 

Additional Company Information

Industry
Food and Beverage
Benefits & Others
Performance bonus, Five-day work week, Flexible working hours