Unlocking more than $15bn of small business equity value for the next generation
Genshare is a succession solution for retiring small business owners, and an ownership pathway for next generation leaders.
Our story
We’ve been building businesses for over 20 years. Along the way we’ve grown teams from 2 people to well over 100, we’ve spearheaded international expansions, and we’ve taken new technology products to market. We’ve also faced the challenges of contracting markets, downsizing and increasing competition. A common thread connecting all of these experiences – both the highs and the lows – is the recognition that businesses thrive when people are rewarded for the value they create for a business, whether it’s a founder, a leader, or an employee. We’re convinced this is what keeps good businesses in business.
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When we discovered the twofold challenge of retiring business owners lacking succession solutions, and next generation leaders struggling to access capital and the ‘know-how’ to buy businesses, we realised there was an opportunity to build a company that would reward founders for the legacies they’ve built, and allow next generation leaders to be rewarded for the value they create for a business into the future. Our solution allows business sellers to sell, and future leaders to own – meaning everyone wins, and hard work pays off.
But our ambition doesn’t stop there. It’s one thing to build a solution for these market challenges – it’s quite another to do it at the scale required to address the challenge meaningfully. Over 70,000 small Australian businesses have owners over the age of 50 today, and given small businesses generate $50bn of economic activity – effective succession planning isn’t just a nice-to-have, it’s essential for our economy. Our AI-powered product is allowing the acquisition and leadership transition process to happen efficiently, and at scale – we’re reducing timelines from months (sometimes years) to a matter of weeks.
We’ve set an initial goal of unlocking at least $1bn of ownership value for next generation leaders, but the market opportunity is sized at over $15bn – a goalpost which will continue to motivate and energise us.
The problems we’re solving
Sellers are struggling with succession
Small business owners want to sell, but often there are no natural successors within family-owned businesses.
Good leadership is hard to find
Sourcing new leadership can be a difficult and onerous task.
Capital is constrained
Next generation leaders want to own businesses, but often don’t have the capital to buy them.
The business acquisition process is cumbersome
Retiring business owners and next generation leaders are often first-timers, leading to inefficient and stressful experiences.
The Genshare solution
Our AI-powered technology supports acquisitions and transactions, talent sourcing and matching, and business planning and monitoring.
We buy small businesses
We buy small businesses – turning over $2 million to $10 million – from retiring owners.
We source next generation talent
We identify and integrate next generation leaders into the businesses.
We enable business ownership
We provide a pathway to majority business ownership for the new leaders.
Our network of businesses expands
The Genshare network of businesses continues to grow and benefits from economies of scale.