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Operations Executive

2 months ago

Detroit, Michigan, United States The Military Veteran Full time

Company Overview:

The Military Veteran collaborates with private equity clients who are consolidating diverse sectors across the United States. These sectors often lack a dominant national presence or brand recognition. Our private equity partners enhance value through strategic consolidation and rapid scaling of core operations in a high-growth landscape. For instance, a related portfolio company in this fund achieved remarkable revenue growth from $0 to $2 billion within four years through over 300 acquisitions. To understand this strategy better, we recommend reading an article from the Harvard Business Review: Private Equity Needs a New Talent Strategy.

Our clients typically enter a market via acquisition, appoint a leader to spearhead growth [the General Manager], and initiate the swift scaling of the local market. As the market expands, they seek additional local complementary businesses to integrate under the newly appointed GM. Assuming successful performance, the expectation is for the new GM to evolve into the market leader overseeing multiple enterprises.

This private equity client is recognized as a top-tier fund with a proven track record of successful investments in professional, residential, and technology services. This particular holding company is part of its ninth fund, which has approximately $4.5 billion in committed capital and focuses on acquiring and expanding residential home services companies. The company has seen its revenue soar from $0 to $400 million in just 12 months.

The executive team responsible for building this firm consists of seasoned private equity operators and represents an elite group. Previous GM hires have included high-performing veterans with exceptional leadership capabilities and superior execution skills. Military backgrounds include leaders from Special Forces, Ranger Regiment, the nuclear Navy, USMC Infantry, and MARSOC, among others.

Position Details:

This role presents an opportunity to serve as a General Manager for one of the company's partner brands. The GM will manage all facets of a location's daily operations; they will be the central figure for the entire business. The GM will drive growth, monitor performance metrics, foster an outstanding workplace culture, and develop all staff and management, continuously striving to be a world-class operator and empowering others to achieve the same.

You will be accountable for the complete operating profit and loss of a designated area in the continental United States and will be tasked with driving organic business growth. You will receive support from regional presidents, partner services teams at the holding company level, and CEOs of adjacent businesses.

Key Responsibilities:

  1. Effectively integrate tuck-in acquisitions within your market area.
  2. Recruit and manage business leaders within your organization.
  3. Collaborate with peer CEOs to ensure the sharing of best practices across the entire platform.
  4. Engage with peers and leadership to disseminate best practices.

Your Professional Qualifications:

A strong academic background is essential. Candidates may be recent MBA graduates or possess 2-3 years of experience in finance, sales, operations, or related fields.

Key Attributes for the Ideal Candidate:

  1. Unwavering commitment to team success.
  2. Ownership mentality.
  3. Growth-oriented mindset.
  4. Adept at identifying opportunities, motivating employees, and cultivating a culture of growth.
  5. Data-driven decision-making skills.
  6. Focus on key performance indicators.
  7. Servant leadership approach.
  8. Proven history of building high-performing teams with strong retention rates.
  9. Passion for fostering a team-first mentality.
  10. Proactive and action-oriented.
  11. Experience operating in a fast-paced environment.
  12. Deep respect for blue-collar workers.

Compensation:

  • Competitive total compensation in the high $100K range.
  • Performance-based equity opportunities.
  • Comprehensive benefits package.