TheMilVet is partnered with PE clients who are consolidating fragmented industries across America. These are industries that have no national presence or brands that dominate the market. Our PE partners create value through consolidation and quickly scaling the core business in a high growth environment. As an example, a sister PortCo in this fund grew its revenue from $0 to $2B in 4 years and after 300+ acquisitions. For more information about his strategy, we've included an article from the Harvard Business Review. Private Equity Needs a New Talent Strategy
Our clients enter a market through acquisition, hire a leader to be its champion for growth [the President], and begin to rapidly scale the local market. As the new market grows, they search for other local complementary businesses to tie under the newly hired President. Assuming performance, the goal is for the new President to grow into the market leader responsible for multiple companies.
This PE client is a top-decile private equity fund with a long history of successful investments in professional, residential, and tech services. This specific opportunity is with a new holding company focused on property management and HOA's.
Their executive leaders who are building this firm are experienced operators and represent an all-star team. Past leadership hires for other portfolio companies have included high performing Veterans with strong leadership skills and next-level execution abilities. Military profiles include leaders from Special Forces, Ranger Regiment, the nuclear Navy, USMC Infantry and MARSOC, etc.
Position Details:
This is an opportunity to be a President at one of the company's partner brands. The President will oversee all aspects of a location's day-to-day operations; the person is the 'sunrise and sunset' for the entire business. The President will drive growth, performance metrics, create an amazing workplace culture and develop all staff and management, constantly striving to be a world-class operator and helping others to do the same.
You will own the full operating P&L of a specific geography in the continental US and will be responsible for driving organic growth of the business.
Additional primary responsibilities will include:
Successful integration of tuck-in acquisitions that occur in your market area
Hiring and managing business leaders within your company
Partnering with peer CEOs to ensure that best practices are shared across the full platform
Working with peers and leadership to share best practices
Your Professional Qualifications:
5+ years post-military experience of demonstrated P&L ownership and growth
Key attributes for the right hire:
Unmatched will to win as a team
Ownership mentality
Growth mindset
Able to identify opportunities, motivate employees, and create a culture of growth
Data-driven decision making
KPI focused
Servant leader mindset
Enjoys building a team-first mentality
Bias for action
Detail and process oriented
History of operating at high pace of play
Deep respect for blue-collar workers
History of building great teams of A-players with high retention