GENERAL MANAGER
Company: The Military Veteran
Location: Cincinnati
Posted on: September 28, 2024
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Job Description:
Company Overview: 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 General Manager], 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
GM. Assuming performance, the goal is for the new GM 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 holding company is an investment out
of its 9th fund, which will have -$4.5 billion of committed capital
and is focused on acquiring and growing residential home services
companies. Company revenue has grown from $0 to $400M in 12
months.
Their executive leaders who are building this firm are experienced
PE operators and represent an all-star team. Past GM hires 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 General Manager at one of the
company's partner brands. The GM will oversee all aspects of a
location's day-to-day operations; the person is the 'sunrise and
sunset' for the entire business. The GM 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. You will be supported by regional
presidents, partner services teams that work at the holding company
level, and adjacent business CEOs.
Additional primary responsibilities will include:
Your Professional Qualifications:Strong academic profile. Can be
right out of MBA or have 2-3 years experience in finance, sales,
operations, etc.
Key attributes for the right hire:
Compensation:
Keywords: The Military Veteran, Lawrence , GENERAL MANAGER, Executive , Cincinnati, Indiana
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