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CEO role in growing chemical firm, focusing on strategy and expansion.
THE PORTFOLIO COMPANY
The portfolio company is a leading player in the chemical and minerals processing industry. Specializing in borates and various inorganic chemicals, the company provides environmentally friendly alternatives to industrial chemicals. They operate a 20,000 sq. ft. facility with ISO9001:2015 certification and are known for their innovative processing methods. The company's core operations include processing boric acid, borax, and other specialty minerals, serving a diverse clientele. Their strategic goals include expanding into new markets and pursuing acquisitions that will enhance their offerings and drive growth.
THE PRIVATE EQUITY FIRM
The private equity firm has a long-established reputation for successfully acquiring and managing businesses. Founded in the 1970s, the firm has over 40 years of experience shaping and building value for its portfolio companies. The firm focuses on operational excellence and deep industry expertise to enhance business performance, making them a trusted partner in driving innovation and growth. They actively seek opportunities in diverse industries, including manufacturing, chemicals, and technology.
THE CULTURE
The company fosters a collaborative and close-knit culture, emphasizing teamwork and servant leadership. The team is highly experienced, with long-tenured staff playing key roles in operations and logistics. The company is focused on growth, driven by a mix of organic expansion and strategic acquisitions. The leadership team values proactive problem-solving and innovation, aiming to create a business that can adapt and thrive in dynamic markets.
VISION
What does success look like in this role?
· Reaching $10M EBITDA within 3–4 years.
· Expanding into new markets and growing product offerings.
· Successfully integrating new acquisitions to drive company growth.
· Leading the company through both organic growth and strategic M&A efforts.
THE ROLE
The day-to-day role for this position will include the following tasks:
· Leading overall strategy and driving the company towards its growth goals.
· Managing the integration of M&A acquisitions and entering new markets.
· Overseeing operations with a hands-on approach, working closely with the team in Hartford.
· Building and maintaining strong relationships with key stakeholders, including the private equity firm and potential investors.
· Providing strategic leadership while collaborating with the former CEO, who will serve as an advisor during the transition
KEY SELLING POINTS OF THE ROLE
· Opportunity to lead a rapidly growing business towards a successful exit.
· Chance to build a company in your image, driving strategy and growth.
· Support from the former CEO and a highly skilled operational team.
· Access to significant resources from the private equity firm to pursue strategic acquisitions.
· Exposure to diverse challenges, from operational improvements to M&A integration.
KEY CHALLENGES FOR THE ROLE
· Successfully integrating M&A deals and expanding into new markets.
· Achieving aggressive growth targets, both in revenue and EBITDA.
· Navigating the complexities of a sub-$10M EBITDA business in a fast-paced, evolving industry.
YOUR BACKGROUND
The successful individual will be able to demonstrate experience in the following:
· CEO or COO experience in a manufacturing or chemical environment.
· Proven track record in managing businesses under $10M EBITDA.
· Experience leading M&A integrations and driving organic growth.
· Demonstrated private equity experience, with a deep understanding of how to work within a portfolio company structure.
· Expertise in handling both sales and operations functions, with a hands-on leadership style.
YOUR CHARACTERISTICS
The successful individual will display the following characteristics:
· A team player with strong servant leadership qualities.
· Excellent communication and interpersonal skills.
· A track record of driving results through strategic and operational leadership.
· Financial acumen to manage the business effectively, working with a fractional CFO.
LOCATION
Hartford - https://www.numbeo.com/cost-of-living/in/Hartford
COMPENSATION PACKAGE
Basic Salary: $250,000 - $260,000
Bonus Package: Yes
Equity: TBC
401k: Yes
Healthcare: Yes
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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