Support Analyst (German Speaking)

YOUR MISSION For the Mittelstand Investment team, we are looking for exceptional individuals to join our Munich office. You will work at the heart of impactful, partnership-driven investments, collaborating closely with established entrepreneurs and family-owned "hidden champions." As an Analyst, you will be involved in all parts of the deal, from sourcing, over deal execution, portfolio work and exit and are expected to take on responsibility and ownership early on. The ideal candidate combines a passion for Mittelstand companies with a strong commitment to excellence, independent thinking, and entrepreneurship YOUR RESPONSIBILITIES * Working together with team members across all phases of the investment process, including deal sourcing, screening, due diligence, execution, portfolio value creation and exit preparation * Preparation of market, industry and company analyses to assess investment opportunities * Development of financial models (LBO, operating models) and valuation analyses * Contribution to due diligence workstreams (e.g., commercial, financial, legal, tax) through data analysis, research, coordination of information and preparation of materials * Preparation of investment memoranda, presentations and decision documents for internal committees * Support of portfolio companies through analytical work, performance tracking, KPI reporting and ad-hoc analyses * Close collaboration with the investment team and external advisors throughout transactions YOUR PROFILE * Relevant practical experience through internships, working student positions or first professional exposure in investment banking, private equity, strategy consulting, transaction advisory or a comparable environment * Strong academic background with a degree in business administration, finance, economics, engineering or a related field * Solid understanding of financial statements, valuation principles and corporate finance; first hands-on experience in financial modelling is a plus * Solid understanding of different market dynamics and business models * Strong analytical and quantitative skills combined with a structured, detail-oriented working style * High motivation, curiosity and willingness to learn in a fast-paced, high-performance environment * Team-oriented mindset with strong communication skills and a professional, reliable, self-starter attitude * Multicultural background and/or international exposure (e.g. studies, internships or work experience across different countries or cultures) is a plus * Fluency in German and English: Proficiency in an additional European language (e.g. French, Italian, Spanish or Dutch) is a plus WHY US? Armira Mittelstand is Armira's largest strategy, investing in established "hidden champions" across the DACH region, Benelux, and Northern Italy. The strategy focuses on majority investments in profitable, growing Mittelstand companies - partnering with strong entrepreneur-led and family businesses, seeking to be the best partner for their next phase of growth. The strategy targets equity investments of €20-200m in medium-sized “Mittelstand” companies with revenues typically between €25-500m. Armira Mittelstand seeks businesses with sustainable business models, strong market positions, and growth prospects driven by secular trends - with a with a clear preference on proprietary deals directly with entrepreneurs or corporates.

YOUR IMPACT As an intern at Tacto, you'll have real impact and real ownership. It’s important for us to give motivated, ambitious students a steep learning curve and an honest look at what it takes to build one of Europe's fastest-growing startups. We hold interns to the same bar as full-time hires, which means we only bring on people who we trust to lead projects independently and who we'd genuinely want to work with long-term. You'll join one of our teams – Business Development, Customer Value, Talent & Organizational Development, Marketing & Growth, Strategy & Operations, Procurement Data Analyst, or Sales Operations & Enablement – based on where your skills and our needs align. By the end of the program you’ll leave with hands-on experience, strong role models, and a powerful network. WHERE YOU MIGHT WORK Depending on the match, you could join one of these teams: * Business Development – Drive Tacto’s expansion by uncovering new growth opportunities, supporting sales execution, and directly contributing to how we win new customers * Customer Value – Help our customers unlock real, measurable cost savings by turning procurement into a strategic advantage with Tacto. Collaborate closely with product & sales * Talent & Organizational Development – Help make Tacto the most performant organization in Europe through hiring, retention, processes and culture. Collaborate closely with all departments & teams * Marketing & Growth – Shape how the market perceives Tacto by driving positioning, brand, and growth initiatives for Europe’s leading procurement platform. Work closely with sales & customer value * Strategy & Operations – Act as the architect of our expansion, uncovering the strategic levers that define our future and translating them into the concrete operational engines that power Tacto’s scale * AI Automation Engineer - Turn customer data into compelling business cases using AI that directly support closing deals and proving Tacto’s value * Revenue Operations – Act as the execution backbone of our revenue engine, refining and driving strategic projects end-to-end across Business Development, New Sales (AEs) and Expansion (customer experience), turning the levers that shape our growth into repeatable operating systems that scale Tacto HOW IT WORKS 1. You apply once - this application covers all our internship positions across departments 2. Tell us your preferences - rank the areas you're most interested in (we ask in the application form) 3. First call - we'll come prepared with a clear proposal on which team we think fits best and why. We discuss your skills, our needs, and where you can have the most impact 4. Case study - if we move forward, you'll work on a case with the team lead from your proposed department 5. We match and place you - you join a specific team & are all set to have an impact from day 1 Once you're in, you'll work primarily in your department. Depending on interest and capacity, there are usually opportunities to contribute to cross-functional projects as well to broaden your horizon. We also host regular events with top-tier founders and speakers from the startup ecosystem - e.g. Andreas Klinger at Lunch & Learn, 2-day AI Hackathon in our office, Basti Schuon at Lunch & Learn - so you get exposure to the full picture of building a startup, not just your corner of it. WHAT YOU NEED TO WORK AT TACTO * Experience in a fast-paced environment (startup, scale-up, consulting, whatever pushed you) * Self-driven - you don't need hand-holding * Naturally curious - you ask questions and dig deeper * You actually want to build things and take ownership * Strong communication skills in German and English * You care about the problem we are solving & are mission-aligned - helping the European Industry to stay competitive in the long-term WHERE OUR PREVIOUS INTERNS WORK NOW After Tacto, over 10 former interns have founded their own companies, with e.g. 3 already going through Y Combinator. Others have joined programs like CDTM (5+ acceptances), moved into top consulting firms, or joined early-stage startups and VCs. The common thread: they all got a real understanding of what it takes to build and scale a company. OUR BACKGROUND Tacto is building the intelligence layer that connects AI to the physical world of manufacturing, starting with procurement. AI is transforming every industry, but it stops at the factory gate. The knowledge that holds manufacturing together - part costs, suppliers, materials - is scattered across systems and people. Over 50% of a product's cost originates from suppliers, making procurement the single largest cost lever in manufacturing and the missing connection between the digital and the physical world. Yet it still runs on Excel and legacy systems. We're changing that with our Procurement Intelligence Platform, trusted by hundreds of companies running billions of Euros of material. Based in Munich, we are 100+ passionate builders who are in-office, with high expectations, fast growth, and a lot of fun. We are supported by >€50m from Sequoia, Index, and Europe's leading tech entrepreneurs and industry veterans. WHY IT MATTERS Manufacturing forms Europe's economic backbone, driving a fourth of Europe's GDP and providing over 30% of jobs. These hidden champions and global market leaders manufacture the physical world around us, from the machines that build our cities to the medical devices that save lives. But the world is changing. The US dominates the digital world of bits. China is scaling the world of atoms, manufacturing at unprecedented speed and scale. Geopolitics are more uncertain than ever. Europe's strength lies in its deep industrial knowledge through generations of engineering. Manufacturing worldwide runs on European machines and software. But that heritage is only an advantage if we leverage it in the age of AI. Tacto builds the AI that connects Atoms and Bits, empowering our Industrial Base to Stay Stronger and building a lighthouse for European tech. WHAT WE OFFER The people at Tacto are passionate about building the organization, growing themselves, and our product while having fun and being real. We have high expectations, great talent density, and a culture where your ambition, performance, and agency are what count - not where you come from or how big your ego is. You'll grow at the forefront of AI, have real ownership and impact, and be surrounded by the best people in their field who challenge you and make you better every day. That is demanding and rewarding, but that's where we thrive. Besides that you have: * Money: Competitive salary & equity in the company with real upside, so you are invested in our success * Workplace: A vibrant in-office culture (> 4 days/week) in a beautiful office in central Munich * Development: A development budget and regular exposure to exceptional people, e.g., Lunch & Learns, peer mentoring, external speakers * Time off: 26 + 4 vacation days per year (4 fixed “company rest days”) as well as regular off-sites and team events * Health: Wellpass membership, of course, a fruit basket (!), and access to Jobrad, for your health * Family & Social Security: Voluntary pension contribution, voluntary KITA subsidy for your children Tacto is an equal opportunity employer. We are committed to equal employment opportunity regardless of race, religion, sexual orientation, age, marital status, disability, or gender identity. 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