THE PORTFOLIO COMPANY
The portfolio company is a well-established provider of residential and commercial plumbing and HVAC services in the greater Michigan market. With a strong local reputation, the company has been serving the community for years, offering high-quality services while maintaining a positive and long-tenured workforce. The company recently introduced HVAC services and is in the process of expanding its offerings, with significant growth potential in the industry.
Currently generating $12M in revenue and $2M in EBITDA , the company aims to scale to $30M in revenue by optimizing its average ticket and plumbing operations. A transition to modern operational systems is underway, including implementing new service and accounting software by April 1st to enhance efficiency and profitability.
THE PRIVATE EQUITY FIRM
The private equity firm focuses on acquiring and growing middle-market companies in service-based industries. They specialize in working with businesses that have strong community ties and growth potential, providing strategic guidance and financial support to scale operations.
The firm has a track record of successful investments and partnerships across multiple states and is committed to driving operational improvements and market expansion.
THE CULTURE
The company maintains an old-school, long-tenured workforce with one of the lowest turnover rates in its sector. Employees enjoy a positive, community-integrated work environment, with minimal advertising due to strong word-of-mouth reputation. Despite its stability, the company is undergoing a transition toward modernization and growth, requiring a leader who can drive change while preserving the existing positive culture.
VISION
What does success look like in this role?
THE ROLE
The day-to-day role for this position will include the following tasks:
KEY SELLING POINTS OF THE ROLE
KEY CHALLENGES FOR THE ROLE
YOUR BACKGROUND
The successful individual will be able to demonstrate experience in the following:
YOUR CHARACTERISTICS
The successful individual will display the following characteristics:
LOCATION
Michigan -
COMPENSATION PACKAGE
Basic Salary: $180,000 - $210,000
Bonus: 50% on EBITDA targets, with potential OTE up to 100% if targets are exceeded
Equity: Long-term incentive plan based on EBITDA performance.
401k: Yes
Healthcare: Yes
Growth potential : Opportunity to move into a regional leadership role if successful.
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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