THE PRIVATE EQUITY FIRM

Heritage Holdings is a Private Equity firm founded in 2015, specializing in acquiring and growing middle-market companies across various industries. The firm uses a hands-on approach to drive value creation through operational improvements, strategic investments, and market expansion. With a proven track record, Heritage Holdings has delivered strong results, including a gross multiple on invested capital (MOIC) of over 5x and a gross internal rate of return (IRR) of 100%. In 2024, the firm raised $225 million to support future investments, continuing their focus on sustainable growth and long-term success for their portfolio companies.

WHY RAW SELECTION? 

With a recent capital raise, Heritage Holding aimed to expand its team to capitalize on growth opportunities in their sector. Heritage Holding trusted Raw Selection to handle the search for a senior investor due to the firm's proven track record and ability to deliver results quickly. The firm was actively expanding and needed support for a critical role.

WHAT WERE THE PARTICULAR REQUIREMENTS OF THE SEARCH? 

The search was proactive, with no immediate challenges identified by the firm. They were looking to grow their team in line with increased investment capacity. 

THE PROCESS

Raw Selection employed its 17-step process to identify the right candidate. Through extensive screening and evaluation, they ensured that candidates met the required criteria and were a good cultural fit for the firm. Step 1 particularly helped – Haleema states "I immediately thought of Lauren as she was someone I had previously worked with and had a strong impression of."

THE RESULTS

The search concluded successfully with the hiring of Lauren, who brings a wealth of experience with over 50 acquisitions in the same sectors Heritage Holding invests in. Her expertise in mentoring and strong ties to Massachusetts made her the ideal candidate to join the team.

CANDIDATE'S THOUGHTS ON THE SEARCH 

"Haleema was absolutely fantastic to work with from a candidate perspective.  I went from first contact with her to a signed offer letter in under 4 weeks for a position I am extremely excited about.  Haleema is very organized, thorough, and methodical in her process and leaves no stone unturned.  It's rare to work with someone who will actually immediately do what they've said they will (sending out notes to potential firms) and keep everything running smoothly.  After each meeting/call I had she would get my feedback and put next steps into action.  She was a big advocate for me through the process and helped me make the decision that was best for me, not the one that would be best for her.  She's also available at any time of day and super responsive, very impressive considering she is 5-6 hours ahead of me from a time zone perspective.  I would definitely recommend working with Haleema!"

Lauren Morera, Principal, Heritage Holding

THOUGHTS ON THE CANDIDATE

"I have known Lauren for several years when she had her first role in Private Equity, I had always admired her desire to become better, do the right thing for her firm and portfolio companies. She has an incredible track record completing over 50 acquisitions in the same sectors Heritage Holding invest in, this coupled with her experience mentoring others in the firm and ties to MA she is the perfect senior investor to join the team" -

Haleema Hussain, Vice President, Raw Selection

GET IN TOUCH

Raw Selection’s meticulous approach to talent research ensures a 100% success rate for all retained and engaged clients.

If you are looking for new talent, contact Haleema at haleema.hussain@raw-selection.com.