Acquisitions Associate

Acquisitions Associate

Location: San Francisco (preferred) or Remote; travel heavy

Reports to: Head of Acquisitions

Compensation: $140,000–$175,000/yr base + performance bonus + equity

Bungalow is a technology-driven property management platform consolidating a fragmented $100B+ industry. Through our Landmark brand, we acquire traditional property management companies and transform their operations using AI and automation, scaling while improving service quality. Backed by Khosla Ventures and other top-tier investors, we re growing rapidly through organic channels and strategic acquisitions.

We re hiring an Acquisitions Associate to own the top of our M&A funnel as we scale through acquisitions. This is a deal-origination role — closer to a private equity associate who builds proprietary deal flow than to a sales development function. Your job is to find the owners of property management companies before anyone else is talking to them and build the relationships that turn into deals.

Reporting to our Head of Acquisitions and partnering closely with the deal and operations teams, you ll spend your time split roughly evenly between two modes of work. About half is outbound: calling and emailing owners and founders to build a proprietary pipeline of acquisition targets. The other half is in the field: traveling to meet owners in person, touring their operations, and representing Landmark at industry conferences and events.

Most owners aren t ready to sell when you first reach them, so much of the work is staying close over months — sometimes 12 to 24 of them — so that Landmark is their first call when they are.

This is a hands-on role with a clear trajectory: you ll start by owning top-of-funnel origination end-to-end, then take on more of the deal itself, moving qualified targets through LOI and diligence alongside the deal team, as you grow into a complete investor-operator. It s a build role at a company scaling its acquisition pace, and the pipeline you create is the direct input to that growth.

• Own top-of-funnel: build and work a proprietary pipeline of property management companies that fit our acquisition thesis.
• Run a high volume of outbound calls to owners and founders of PM companies, supported by personalized email and direct outreach.
• Build and maintain the target universe — map the market, segment by geography, size, and fit, and prioritize where to spend your time.
• Manage the pipeline with the rigor of a PE deal team, logging every owner, conversation, and touchpoint in the CRM.
• Hit clear activity and pipeline targets: outbound volume, qualified conversations, opportunities advanced to LOI, and deals moved into diligence.

• Travel regularly to meet owners in person, tour their operations, and turn early conversations into durable relationships.
• Represent Bungalow and Landmark at industry conferences, trade shows, and regional events, building a network of owners and advisors.
• Develop long-term relationships with PM owners across the market, recognizing that most deals here are relationship-driven and take time to mature.
• Cultivate brokers, industry associations, and other referral sources that feed proprietary deal flow.
• Become a trusted, recognizable presence in the property management community — the person owners think of when they begin weighing their options.

• Partner with the operations and finance teams to move qualified targets from first conversation through LOI and into diligence.
• Build the initial picture of a target — revenue, doors under management, owner economics — to assess fit and shape an early offer.
• Own the seller relationship throughout the process; you re the point of trust for the owner from first call to close.
• Feed market intelligence back into our acquisition thesis: pricing, seller motivations, and competitive dynamics.

• 2–4 years in private equity, corporate development, or transaction advisory.
• Comfort with high-volume outbound calling and the persistence that sourcing requires — you treat rejection as part of the…