THE PORTFOLIO COMPANY
This portfolio company is a commercial and industrial HVAC and mechanical services providers. With over $35M in combined revenue and a goal to exceed $100M in the near term, the company provides high-quality HVAC, plumbing, and mechanical solutions across multiple states. Current holdings include three businesses spanning Illinois, Massachusetts, and New Hampshire, with three more under LOI that could double its presence. The portfolio company targets both organic growth and M&A to scale towards $250M in revenue, integrating acquired businesses into a cohesive operating platform.
The VP of Finance/Controller will be the first corporate-level finance hire, tasked with leading financial integration, consolidation, and reporting across current and future acquisitions. The role requires strong M&A and multi-entity experience, capable of supporting a growing and complex operational structure.
THE PRIVATE EQUITY FIRM
The private equity firm, founded in 2015, is based in the Northeast US with over $200M in AUM and a focus on B2B services including industrial and technology services. They typically pursue majority acquisitions of founder/family-run companies with revenues between $5M–$100M, applying a flexible capital structure to enable rapid growth through buy-and-build strategies.
With three funds raised to date—most recently a $225M fund—the firm has a strong track record of high-performance returns, boasting a gross MOIC of 7x and a 100% gross IRR. Their investment style emphasizes operational support and strategic autonomy for leadership teams. Interaction is typically limited to strategic discussions, empowering portfolio leadership with executional freedom.
THE CULTURE
This is a roll-up environment demanding high adaptability, independence, and a hands-on leadership approach. The culture across the HVAC platform is growth-oriented and collaborative, with entities ranging in size, location, and operating styles. The team values proactive problem-solving, clear communication, and a strong sense of ownership, especially given the entrepreneurial and resource-limited nature of the current setup.
VISION
Full integration of acquired entities into a single financial and reporting structure.
Accurate and timely monthly closings and consolidated financials.
Implementation of scalable financial systems and KPIs across the platform.
Successful audit completion and readiness for institutional lender requirements.
Establishment of a finance playbook for future M&A.
Progression to CFO as the company approaches $200M+ in revenue.
THE ROLE
The day-to-day role for this position will include the following tasks:
Leading consolidated financial reporting across all business entities.
Managing integration of acquisitions, including ERP transitions and GAAP compliance.
Driving financial planning, budgeting, forecasting, and cash flow management.
Overseeing financial audit preparation, lender relations, and tax compliance.
Supporting M&A with diligence, valuation analysis, and financial onboarding.
Collaborating with site-level bookkeeping teams to standardize financial practices.
TKEY SELLING POINTS OF THE ROLE
First finance hire at the corporate level—build the function from scratch.
Direct influence on integration, reporting, and strategic growth.
Clear path to CFO as platform grows.
Strong PE backing with proven returns and significant capital for growth.
Entrepreneurial environment enabling rapid decision-making.
KEY CHALLENGES FOR THE ROLE
Fast-paced growth with limited resources.
High expectations for autonomy and initiative.
Must operate without direct reports initially.
Balancing integration, compliance, and day-to-day finance demands
YOUR BACKGROUND
The successful individual will be able to demonstrate experience in the following:
5+ years of experience in multi-entity finance, including M&A integrations.
Experience in fast-growing, PE-backed or entrepreneurial environments.
Strong GAAP knowledge; CPA preferred.
Familiarity with construction/HVAC project-based accounting and ERP systems.
A track record of owning financial reporting, forecasting, and audit readiness.
YOUR CHARACTERISTICS
The successful individual will display the following characteristics:
Highly proactive and capable of operating autonomously.
Comfortable in a “roll-up-your-sleeves” environment.
Adaptive communicator across varied teams and stakeholders.
Entrepreneurial mindset with operational flexibility.
LOCATION
Remote on the East Coast
HQ in Boston, Massachusetts
COMPENSATION PACKAGE
Package yet to be confirmed
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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