Raw Selection Hiring for Chief Executive Officer at San Diego, CA Full Time

The PE firm was established in 2010 and is proudly family and founder owned. The firm specialises in lower to middle-market manufacturing, industrial, business services and distribution companies. It currently owns 11 portfolio companies and to date, has completed over 34 acquisitions.

The portfolio company is a roll-up of three individual ones that have been secured under an LOI and they will be establishing themselves as one legal entity. They are expecting to welcome a fourth company within the next month or two. Each company either operates, sells or distributes products within the outdoor living and lifestyle sector. Collectively, the company’s revenue averages around $26 million and have an EBITDA average of $4 million.

The portfolio company has a laid-back approach and promotes a casual dress attire to reflect the southern Californian surroundings.

VISION

What does success look like in this role?

• Implementing systems and processes across the business and having a focus on people development
• Create a positive relationship with the Private Equity Firm, Board of Directors and the portfolio company employees
• Ensure compliance requirements are met at a local, state and federal level
• Drive the business to an exit, most likely an IPO or strategic sale
• Winning over the CEOs of each business and getting them aligned
• Get to $100M in revenue and ensuring EBITDA Growth
• Reporting directly to the PE firm board to make sure that all parties are aligned on business strategy

THE ROLE

The day-to-day role for this position will include the following tasks:

• Being a hands-on CEO, get into the nitty gritty and details
• Build an asset-light, multi-product and Omni channel company
• Utilising each company’s resources to improve the group’s output
• Leading the business towards an exit in 2025 to 2027
• Ensuring the financial health of each company that will be rolled up into this one entity
• Performing due diligence on acquisition targets
• Leading DD and integration of acquisitions

THE CANDIDATE

The successful candidate will be able to demonstrate experience in the following:

• Previous experience within a CEO position
• Experience in a consolidated/roll-up deal
• PE Experience of 5 years+
• $100M+ revenue experience
• Direct-to-consumer via E-Commerce
• Consumer and distribution experience
• Indoor/outdoor living product distribution experience, selling B2C via E-Commerce and Marketplace platforms
• Cash flow management
• M&A integration experience as a CEO
• Multiple stakeholder management experience

The Successful Candidate Will Display The Following Characteristics

• Confident
• Fast paced and operates with intensity
• Organised and self-directing
• Gravitas and Commanding
• Data drive with attention to detail
• Servant Leadership style
• Hands on and a proven team builder

LOCATION

California, US

Travel between cities: California, New York

PACKAGE

$300,000 to $350,000 per annum, with a 50% bonus package, Equity and Healthcare.