Chief Executive Officer
January 10, 2025
Location :
East Coast
Salary :
Sector:
Expiry Date:
April 1, 2025
Job Ref.:
1158
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THE PORTFOLIO COMPANY
A commercial field services company is under LOI with a private equity sponsor that will make up part of a roll up of companies. The firm is based on the east coast and will be a targeted roll up of companies in that region. The company predominately sells to warehouse, logistic centers, industrial and other allied industries.
The entire details of this company is confidential as it is under acquisition.
THE PRIVATE EQUITY FIRM
The private equity firm, located on the east coast, specializes in lower middle market investments, with a strong emphasis on industrial and business services sectors. They have a significant track record, having invested in numerous companies and managing substantial transaction values.
Their investment strategy focuses on companies with solid revenue and EBITDA figures, typically committing substantial capital to drive growth and value. With a diversified portfolio and a long-standing presence in the industry, the firm continues to be a key player in the private equity landscape.
VISION
What does success look like in this role?
· Enhance sales strategy for increased revenue and market reach.
· Execute buy-and-build strategy with 4-5 strategic acquisitions.
· Professionalize business operations.
· Drive organic growth through market analysis and innovation.
· Implement efficient processes and systems.
· Focus on value creation through operational optimization and technology leverage.
KEY SELLING POINTS OF THE ROLE
· Utilizes an operating partner model to bolster portfolio and leadership team.
· Plans to invest $30M to $40M in this platform
· Supported by an industry-specialist private equity firm.
· Operates within a fragmented industry with numerous M&A prospects.
KEY CHALLENGES FOR THE ROLE
· Implementing processes and systems
· Dealing with founder owners on acquisitions
· Transitioning companies from a founder/owner led culture to a PE-Backed growth mentality
· Managing a large travel schedule
YOUR BACKGROUND
- The successful individual will be able to demonstrate experience in the following:
- PE-backed CEO or senior executive from a larger firm.
- Proficient in M&A, integration, and founder-owned add-on acquisitions.
- Strong commercial acumen for sales growth strategy.
- Experienced in buy-and-build strategies.
- Managed companies with $50M to $75M in your recent history
- Specializes in facility or industrial services focused on commercial clients
- Strong financial understanding including balance sheet and cash flow management.
YOUR CHARACTERISTICS
The successful individual will display the following characteristics:
· Hands-on leadership style.
· Thrives in fast-paced settings.
· Excellent communicator.
LOCATION
US, East Coast
COMPENSATION PACKAGE
Basic Salary: $275,000 - $305,000
Bonus Package: 50% bonus
Equity: 4% equity option position
*Salary to increase post the first year and acquisitions from $50,000 to $75,000
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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