Founders Associate - Expansion

About mitte | Boutique Padel

mitte is a boutique Padel club offering premium play conditions in stylish urban locations with digital innovation and a warm community atmosphere. Our indoor clubs are conveniently reachable within 15 minutes, feature automated systems for seamless experience, and are designed by renowned boutique architects. Our mission is to become the global brand leader for premium Padel by creating a space that combines a vibrant community with excellent hospitality.

Role Overview

As a Founders Associate - Expansion, you will work closely with the founder/CEO, supporting the company's rapid growth through greenfield investments, M&A deals, and market expansions. You act as the founder’s extension on all expansion-related matters and independently lead your own projects and deals.

Responsibilities

• Manage deal sourcing and pipelines for greenfield and M&A opportunities, including conducting market and site analysis to qualify prospects and prioritize targets based on strategic fit and financial rationale.
• Develop robust financial models and business cases for new clubs and acquisitions, covering unit economics, capital requirements, payback timelines, IRR, and sensitivities to support investment decisions.
• Lead due diligence processes covering commercial, financial, and operational aspects, collaborating closely with experts and synthesizing findings into clear recommendations and risk assessments.
• Prepare materials for investment committees, investor updates, and board presentations in coordination with the CFO, founder, and external stakeholders.
• Support operational tasks as needed, including managing external architects, contract preparations, and coordinating construction matters during early phases until dedicated roles are established.
• Progress to an investment or M&A manager role within 12-18 months, taking ownership of specialized responsibilities.

Qualifications

• Strong analytical skills with the ability to independently build complex financial models and translate investment cases into actionable recommendations. Proficient Excel skills are essential.
• 2-3+ years of professional experience in deal-oriented environments such as private equity, venture capital, investment banking, M&A boutiques, or scaling operators. Consulting backgrounds with investment or real estate focus are also valued.
• Hands-on experience with transactions including modeling, due diligence, and investment memo preparation. Familiarity with LBO modeling, IRR analysis, and valuation multiples.
• Highly autonomous and self-motivated, capable of structuring new topics and building playbooks from scratch.
• Ability to deliver high-quality results quickly, adapting to newly evolving tasks.
• Hands-on, versatile work ethic to handle everything from detailed financial modeling to deal logistics and documentation.
• Excellent communication skills, able to engage professionally with various stakeholders including sellers, legal advisors, and investment committees.
• Comprehensive business understanding of multi-site operations including unit economics, scaling mechanisms, and real estate operations, preferably with experience in hospitality, fitness, retail, or similar offline business models.
• Fluent in German and English, both verbal and written; additional European languages such as French, Italian, Spanish, or Polish are a plus to support multi-country expansion.
• Based in Berlin or willing to relocate, with readiness to travel for site visits and acquisition meetings across the DACH region and beyond.
• Motivated to contribute actively to building Europe’s leading Padel operator by initiating deals, refining investments, and taking real responsibility.

Benefits

• Opportunity to be part of a fast-growing success story aiming to be Europe's largest Padel operator with hands-on responsibility from the start.
• Central office location in Berlin fostering productive work and open exchange, with snacks and beverages provided.
• Provision of modern work equipment including a MacBook and necessary tools to maximize productivity.
• Close collaboration with founders offering direct insight into decision-making, structure building, and strategic execution.
• Competitive salary combined with promising long-term career development opportunities.
• Access to regular Padel matches on company courts to promote physical balance and wellbeing alongside work.