Chief Executive Officer
January 10, 2025
Location :
Boston
Salary :
Sector:
Expiry Date:
March 11, 2025
Job Ref.:
1375
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THE PORTFOLIO COMPANY
For over five decades, this CNC machining and fabrication company has been a leader in providing comprehensive metal fabrication services. Operating multiple ISO-certified facilities across New England, it is equipped with cutting-edge technology and offers a range of services, including sheet metal prototyping, CNC milling, electromechanical assembly, and custom metal finishing. The business operates five divisions across three locations and is targeting an exit in the next two to three years. The company currently generates $35M in revenue, with a goal of reaching $50M.
THE PRIVATE EQUITY FIRM
The private equity firm has over 25 years of experience in transforming lower middle-market manufacturing companies. Specializing in sectors like manufacturing, industrial services, and aerospace, the firm focuses on driving operational improvements and long-term growth while minimizing disruptions during the investment process. They maintain a low-profile approach to acquisitions, ensuring smooth transitions for portfolio companies. Their extensive expertise in scaling businesses and navigating economic cycles positions them as an ideal partner for this CNC machining and fabrication company’s growth objectives and planned exit.
VISION
What does success look like in this role?
The CNC machining and fabrication company is highly integrated with rigorous quality controls.
It has a robust, well-established customer base with strong business fundamentals.
Positioned for growth with a target of $50M in revenue, offering clients a seamless one-stop solution.
The private equity firm has a proven track record of supporting businesses through transitions without disruptions.
THE ROLE
The day-to-day role for this position will include the following tasks:
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KEY CHALLENGES FOR THE ROLE
Cross-selling across divisions and facilities
Building a cohesive team across multiple sites
YOUR BACKGROUND
The successful individual will be able to demonstrate experience in the following:
- Private Equity
- Strong background in metals and aerospace manufacturing
- Experience in managing multi-site operations
- Proven track record of building teams and driving culture change
- Middle-market experience, preferably with companies under $150M in revenue
- Experience in leading a company to a successful exit is a strong plus
YOUR CHARACTERISTICS
The successful individual will display the following characteristics:
- Leadership skills to manage cross-functional teams.
- Strong commercial acumen.
- Ability to implement process improvements and integrate teams.
LOCATION
https://www.numbeo.com/cost-of-living/in/Boston
COMPENSATION PACKAGE
Basic Salary: $230,000 to $270,000
Bonus Package: $50,000
Equity: Included
401k: Included
Healthcare: Included
Raw Selection is an executive search firm working exclusively with Private Equity firms and their portfolio companies across Europe & North America.
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