Drive growth, lead transformation, improve profitability in Michigan plumbing/HVAC company.

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?

·        Successfully integrated into the company culture while reducing turnover and increasing productivity.

·        Achieved key operating metrics (conversion rates, average ticket size, etc.).

·        Implemented training and development initiatives to drive growth.

·        Successfully led the business through digital transformation, including software implementation.

·        Drove marketing and lead generation to maximize revenue.

·        Built or restructured the management team to align with growth objectives.

THE ROLE

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

·        Lead and own full P&L responsibility for the branch.

·        Oversee marketing strategy and customer acquisition to drive lead generation.

·        Ensure operational software implementation is completed and utilized effectively.

·        Establish performance metrics and KPIs to track and drive profitability.

·        Provide leadership to the operations team and directly manage 8 employees (total workforce: 40).

·        Drive expansion in HVAC and electrical services, increasing market share.

·        Implement change management strategies to modernize business practices.

KEY SELLING POINTS OF THE ROLE

·        Full autonomy to run the branch with shared resources (HR, Marketing, etc.).

·        Equity incentive – GMs receive a portion of EBITDA growth, with uncapped earning potential.

·        Opportunity to grow into a regional leadership role.

·        The business utilizes leading service management technology and has an integrated call center.

·        The role offers a significant long-term incentive payout based on EBITDA performance.

KEY CHALLENGES FOR THE ROLE

·        Integrating into an old-school culture while implementing modern efficiencies.

·        Driving lead generation and increasing revenue.

·        Owning P&L accountability and improving profitability.

·        Leading a team undergoing change, with multiple new managers in key positions.

YOUR BACKGROUND

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

• Full P&L experience running a branch or business.
• Experience in plumbing and HVAC, ideally stronger in plumbing.
• Sales and marketing expertise with a focus on customer acquisition.
• Financial acumen and ability to drive performance through KPIs.
• Experience leading through change and implementing operational software.

YOUR CHARACTERISTICS

The successful individual will display the following characteristics:

• Ownership mentality – takes full responsibility for the business.
• Highly driven and hardworking, with a focus on execution.
• Data-driven decision-making with attention to KPIs and performance metrics.
• Strong leadership and team-building skills to unify and develop the management team.

LOCATION

Michigan - https://www.rentcafe.com/cost-of-living-calculator/us/mi/

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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