Milan · Full-time, on-site · Italian required
Italians have put everything into their homes: the savings of two generations, their identity, their children's future. No country loves the home more. And no country administers it worse.
Most of us live in a condominium. You can track a €10 pizza in real time on your phone, but your building's €200,000 budget disappears once a year into an unreadable PDF. You call, and nobody answers. The leak becomes a stain, and the stain becomes a dispute. In the end, nobody is accountable.
The real monopolist in this market isn't any administrator. It's resignation: "tanto è così." Livia exists to revoke this mandate.
Livia is building the operating system for residential living, and we are running it ourselves.
We don't sell software to administrators. We are the administrator, and we build the technology that powers us from the ground up. That lets us make promises no one else in the market makes: every euro visible in real time, no kickbacks from contractors, an answer within one hour on emergencies, and a full refund if a building isn't satisfied in the first year.
Underneath, we're building something harder to see: the deepest context layer on Italian buildings. Every repair request, contractor job, assembly decision, and resident conversation becomes structured knowledge. The better the context, the better the AI; the better the AI, the more buildings run proactively rather than reactively. That compounding context is our moat.
But property management is a trust business, and AI can't take responsibility. So our administrators become what they should always have been: dedicated people who know their buildings, run assemblies well, and put their name on every decision, while software handles the groundwork.
We're backed by Italian Founders Fund, Vento, 2100, and leading Italian families and angels. The market has thousands of fragmented firms and no reference company yet. We intend to become the alternative and fix the world's oldest asset class.
Condominium administration in Italy is one of the most fragmented service markets in Europe. Thousands of firms, most of them run by a single administrator, many of whom are approaching retirement with no successor, no exit, and a lifetime of relationships they don't want to abandon.
That's our opportunity and our responsibility. We grow by integrating these firms: welcoming their teams, honouring the trust they've built with their buildings, and giving them the processes and technology to serve those buildings better. Every firm that joins Livia is a step toward the reference company this market has never had.
Italy has seen this done before. Hippocrates Holding showed that a highly fragmented, traditional, relationship-driven service market like pharmacies could be consolidated into a professional national platform. We want to do the same for condominium administration, and then take the playbook to other fragmented markets around the home.
As Head of M\&A, you'll own Livia's acquisition engine from first conversation to fully integrated firm. You'll work directly with our founders, Alessandro and Matthias, and you'll be the person who turns a handful of deals into a repeatable machine.
That means doing the deals yourself at first: finding the firms, earning the trust of their owners, structuring and negotiating the transaction, running due diligence with our lawyers, and making sure the integration actually works. Then professionalising all of it, so that deal twenty is faster, cleaner, and better than deal two.
As the pace grows, you'll build and lead the M\&A team, including bringing M\&A legal expertise in-house. The role is designed for someone who wants to build one of the defining roll-ups in Italy, not just close transactions.
Livia is not a typical Italian company, and this is not a typical Italian job.
We're a team of internationals and Italians who left, built careers at some of the world's fastest-growing startups and unicorns, and came back. We brought that playbook home: high standards, fast decisions, radical ownership, and an intensity that's still rare in Italy.
We believe Milan can become a startup ecosystem that rivals London, Paris, or Berlin, and we intend to help build it. That means proving that a world-class company can be built here, with homegrown and international talent, in one of the most traditional industries in the country.
Here's what that looks like day to day:
We're looking for people who want to do their life's work. If that's not you right now, that's completely fine. It just means Livia isn't the right place for you.
Origination. Map the market firm by firm, build and prioritise the pipeline, and create the channels that bring sellers to us: direct outreach, professional associations, accountants, notaries, and word of mouth from administrators who already joined.
Winning the seller. Most of our sellers have never sold anything. They've built their firm over decades and care deeply about their clients and staff. You'll earn their trust, understand what they actually want (succession, continuity, a role, liquidity, a share of future results), and design a deal that works for them and for Livia.
Structuring and negotiation. Value firms, design deal structures (asset or share deals, earn-outs, revenue sharing, transition roles, non-competes), and negotiate terms alongside the founders.
Due diligence and execution. Run the full process: LOI, due diligence (financial, legal, tax, operational, and on the building mandates themselves), SPA and ancillary agreements, signing, and closing, working closely with our external M\&A lawyers and advisors.
Post-merger integration. Own the integration: transferring mandates and bank accounts, migrating data onto our platform, bringing staff into Livia, and making sure every building experiences the change as an upgrade, with no interruptions and no lost trust. Measure retention and learn from every integration.
Professionalising the engine. Build the templates, playbooks, valuation models, checklists, and data room standards that make each deal faster and less risky than the last. Work with engineering to automate what can be automated.
Building the team. Hire and lead the M\&A team as volume grows, including bringing an M\&A lawyer in-house and deciding what stays with external counsel.
New markets. Evaluate adjacent fragmented markets around the home and new cities in Italy, and build the case for where Livia goes next.
Examples of what you might own in your first months
Deal experience in small and mid-caps. Several years executing transactions in the Italian small and mid-cap market, in M\&A advisory, private equity, a search fund, corporate development, or a buy-and-build platform. You know the standard M\&A process end to end and have run due diligence yourself.
Service industries. Experience with Italian service businesses (professional services, healthcare, facility management, or similar) is a big plus. Experience in real estate is a strong plus, but not required.
Seller empathy and persuasion. You can sit across from a 65-year-old founder, understand what their firm means to them, and convince them that Livia is the right home for it. You're as comfortable in a family business as in a boardroom.
Structuring and financial rigour. You build solid valuation models, understand earn-outs and deferred considerations, and know where risk hides in a small company's accounts.
Legal fluency. You're not a lawyer, but you read SPAs comfortably, know what matters in reps, warranties, indemnities, and non-competes, and work efficiently with counsel.
Integration mindset. You care as much about what happens after closing as before. You know that most roll-ups fail in integration, not in negotiation.
Builder of systems and teams. You turn one-off work into templates and processes, and you want to build and lead a team.
Autonomy and precision. You carry complex processes from start to finish with minimal supervision, and the details are right.
Clear communication. Sharp writing and a calm, credible presence with sellers, lawyers, investors, and our own team.
Language. Fluent Italian and English, spoken and written.
Technical aptitude. AI is core to how we work, so we expect you to use it daily, from screening to due diligence.
We care more about the deals you've done and how you did them than about titles. Tell us about the transactions you're proudest of, and what you learned from the ones that didn't close.
If this excites you but you don't tick every box, apply anyway.
We aim to complete the process within 2 weeks.
This role is for people who want their work to matter, and to build a company that changes an entire industry. If that's you, we'd love to meet you.
Compensation Range: €60K - €100K