Lab One Capital

OPERATING PARTNER PROGRAM APPLICATION

Operating Partner Program

Vancouver, BC • Operating Partners / Full Time / On-Site

Lab One is currently seeking impressive mid-career operators to partner, purchase, and run small businesses with.

Description: Lab One Capital is a long-term-oriented holding company with a leadership development program designed to cultivate the next generation of small business operators. Our program offers the hands-on experience, support, and resources necessary to transform talented individuals into effective leaders who will run our portfolio companies for the long term.

We partner with retiring business owners and entrepreneurs to provide liquidity, safeguard legacies, and position companies for sustainable growth. At Lab One Capital, our businesses are united by a commitment to enduring values: Building with Integrity, Leading with Vision, Valuing People, and Driving Lasting Success.

Lab One Capital team members are passionate about small businesses, have a relentless drive to build and improve, and possess the resilience to face challenges head-on. Our operators are dedicated to making a tangible impact on employees, customers, and the broader community. At Lab One, we partner with like-minded entrepreneurs and build career-long partnerships that allow Operating Partners to unlock their full potential. We provide the capital necessary for growth, offer a robust team of specialists to support you, and a proven playbook full of resources that allow Operating Partners to lead and grow businesses with confidence.

Opportunity: We are currently seeking candidates for our Operating Partners Program, aimed at those with the ambition to lead and grow a small to medium sized business within Western Canada. For those individuals that recognize their natural passion for building and are driven by a relentless will to win, this program is designed to provide emerging leaders the opportunity to run an enduringly profitable business in the lower middle market and grow it either organically or inorganically (through M&A and with the help of our Investment Team).

As an Operating Partner & Incoming CEO Successor, you will:

  • debrief your skillsets and business experiences to reverse engineer sourcing a small-to-medium sized business to acquire and run in Western Canada
  • assist the Lab One Capital deal team with due diligence of prospects and ensure continuity of such learnings post-close
  • on closing of this business acquisition tailored to you, step into the CEO role and have the autonomy to lead an enduringly profitable business in the lower middle market and grow it either organically or inorganically (through M&A).
    with the full backing of Lab One’s proven playbook and resources.
  • get full access to Lab One’s proprietary Playbook of shared resources and expertise across Finance, Analytics, Technology, People Operations, and internal Lab One talent including access to a fractional CFO for financial strategy and guidance, an on-call investment team to assist with potential M&A strategies, and specialized operational team members—such as marketing experts, IT professionals, and AI specialists—to support various growth initiatives.
  • join a strong community of like-minded leaders who you can turn to for thought partnership and support
  • get support and guidance from the Lab One Leadership Team and your Board

What we look for in a candidate:

  • High emotional intelligence to connect with people and foster a collaborative culture.
  • Strong financial, analytical, strategic, and problem-solving skills.
  • Proven ability to solve problems with creativity and decisiveness.
  • Passion for building and growing enduring businesses.
  • Competitive drive to win, balanced with empathy and integrity.
  • Experience leading diverse teams and guiding them to success.
  • Confidence in navigating adversity and knowing when to seek support.
  • Openness to giving and receiving constructive feedback.
  • Analytical mindset and a passion for continuous learning.
  • What makes you different:
  1. You’re a Builder – With a natural fire in your gut striving for your next challenge
  2. You’re Curious – You love the learning process of why and how to make it things better
  3. You’re Supportive – You think in terms of “team” and leave any hubris at the door

Our Culture: At Lab One Capital, we are guided by our core Creed—our operating philosophy that defines how we work and lead.

These principles shape our approach, drive our actions, and reflect what it means to be part of Lab One.

The Lab One Creed:

  1. Entrepreneurship in our DNA.
  2. Think in generations, not years.
  3. Live with passion, lead with purpose.
  4. Lead with curiosity, follow with humility – we don’t pretend to be the experts.
  5. Great leaders emerge when you invest in people and give them the reins to lead.
  6. Speak with candor, act with care.
  7. Your word is your contract.
  8. Commit to high standards of ethics and integrity; if you wouldn’t tell mom, don’t do it.
  9. Debate and then commit.
  10. Let data lead the way.
  11. Precision in planning, power in execution.
  12. Relentless in improvement, restless in pursuit.
  13. Fully understand each problem and you are halfway to solving it.
  14. Show us your results, not your intentions.
  15. Nothing worth having comes easy.
  16. How you do anything, is how you do everything.

We provide a competitive salary and benefits are offered along with equity ownership options.

If you’re ready to take on the challenge of leading and building small-to-medium sized businesses, we invite you to explore this unique opportunity with Lab One Capital.