Chief Executive Officer

POSITION:

Chief Executive Officer

COMPANY:

A new private equity-sponsored holding company focused on industrial and commercial electrical/mechanical services. The platform is being established through the acquisition of two founder-owned companies in the Southeast and has a robust acquisition pipeline. The private equity sponsor is a leading middle-market private equity firm that invests in family and founder-owned businesses. The firm manages in excess of $6 billion in equity capital and has a successful track record of partnering with businesses that are strategically important to their marketplace and can benefit from its unique experience, extensive relationships, and commitment to creating long-term growth and value. This position could be based in either Georgia or Florida.

REPORTS/RELATIONSHIPS:

The Chief Executive Officer reports to the Board of Directors.

BASIC FUNCTIONS:

The Chief Executive Officer has full profit and loss responsibility for the company. He/she serves as the strategic leader for the organization and, in conjunction with the private equity sponsor, works to achieve the overall vision and mission of the company. The CEO coordinates strategic initiatives and objectives that ensure the company’s financial health. This individual must lead by example and communicate the organization’s objectives to the employees and customers as appropriate.

Specific duties will include, but not necessarily be limited to:

• Lead all aspects of the company’s strategic growth plan, including organic growth and working with the private equity sponsor and founding owners on the identification, execution, and integration of add-on acquisitions.
• Provide operational leadership, support, and professional development to the management team, including assessing existing talent and recruiting high-level management personnel.
• Develop and nurture internal and external working relationships that are key to the company’s success, including current and prospective customers and OEM partners.
• Develop and lead strategic initiatives and special projects that further the company’s growth, including the identification of new business opportunities and service offerings.
• Develop management protocols and processes to effectively serve customers, engage team members, and achieve key business objectives.
• Regularly interface with the board of directors and private equity sponsor for update calls, strategy discussions, and board meetings.
• Interface with the company’s lenders to discuss strategy and rationale for any prospective add-on acquisitions.
• Serve as an active participant in steps toward a future exit process, including leading management presentations and coaching key team members to achieve optimal returns.

WHY THIS IS A COMPELLING OPPORTUNITY:

The company operates in a large, highly fragmented industry that is ripe for consolidation. The private equity sponsor has set out to build a world-class industrial and commercial services company and is pursuing an aggressive acquisition strategy entailing a strong integration plan with the CEO helping to vet proprietary investment opportunities that fit the broader investment thesis.

The new CEO will also help develop and expand upon the current investment strategy with the goal of reaching critical mass during the ownership period. The sponsor typically holds assets between three to seven years.

REQUIREMENTS:

• Prior experience as a general manager with full P&L responsibility, preferably as CEO of a fast-paced, private equity-backed company that has successfully executed a roll-up strategy in a fragmented industry.
• Experience leading a multisite commercial/field services business; experience in the commercial services industry is a plus.
• Experience leading growth in a recurring revenue business.
• A proven track record of successful acquisition experience, especially integrating smaller founder-led companies.
• Experience managing banking relationships and working in a leveraged environment is desired.
• Experience establishing effective management protocols in a growing business.
• Collaborative leadership style with the ability to inspire others and lead by example.
• Outstanding interpersonal and communication skills.
• Self-motivated with a strong drive to achieve results.
• Integrity and ethics beyond reproach.
• Bachelor’s degree required, MBA a plus.

COMPENSATION:

Compensation will be commensurate with experience including a competitive base salary, bonus, equity, and competitive benefits package.