Search jobs > Chicago, IL > Partner

Operating Partner

CRG Search
Chicago, IL, United States
Full-time

Client

Our client is a private equity firm focused on investing in middle-market companies (EBITDA $3MM to $15MM). They focus on market-leading businesses with identifiable growth opportunities in various industries.

Summary

We are seeking an operating executive to partner with our client’s management teams on acquisition targets to develop and drive growth in EBITDA and margins.

This will be a flexible relationship with opportunities to guide strategy, construct acquisition theses, and participate in executing transactions in addition to the operating executive’s post-acquisition role.

An ideal partner will have demonstrated a history of success in creating shareholder value in senior executive roles and a strong understanding of industry dynamics, value levers, and trends.

In addition, the right partner will provide expertise and a deep network of contacts to source potential acquisitions, support due diligence efforts, and provide board-level oversight to portfolio companies.

Location

Hybrid with travel.

Compensation

Enjoy a competitive base salary + unparalleled award-winning benefits.

Primary Responsibilities

  • Drive EBITDA and margin growth throughout our ownership period to sell each portfolio business to realize 3x invested capital.
  • Develop multi-year business strategies for assigned portfolio companies that clearly outline ROI for the business.
  • Provide leadership in planning, forecasting, and due diligence to support the company's growth and regional expansion objectives.
  • Work with the management teams on staffing strategies for established offices and expansion locations.
  • Participate in the recruitment process and onboarding of Senior-level executives.
  • Monitor industry landscapes, develop a plan for partial growth through acquisitions, and execute accordingly in coordination with the portfolio company Executive Team.
  • Strategically lead mapping revenue projections, budget forecasts, and production expense management.
  • Work with senior leaders to assess and develop their growth potential, effectiveness, and performance.
  • Partner with the individual strategic leaders of each business line to establish unit realistic performance objectives, training, education, coaching, and mentoring.
  • Contribute to innovation efforts to continue to expand revenue opportunities and increase profitability across all platform investments.
  • Identify, research, and develop new opportunities / business ventures that fall within and outside of existing lines of business.
  • Drive a continuous improvement mindset through the company culture.
  • Protect the confidentiality of information learned by developing protocols.
  • Comply with and outwardly support both the company and PE sponsor's policies and procedures.

Education, Skills, and Experience

  • CEO or GM of an engineered product manufacturing firm. Success working in a leveraged environment is a plus.
  • Engineer or degree technical background (industrial / manufacturing) with 10+ years of previous operational leadership experience.

Master of Engineering / Business Administration preferred.

  • Demonstrated leadership skills. 15+ years managing direct and / or indirect reports.
  • Lean Manufacturing Expertise.
  • Six Sigma Black Belt with proven implementation experience.
  • Demonstrated ability to be agile and adjust the approach to partnering with portfolio company executive teams.
  • Deep operations knowledge of business systems including strategy, marketing, sales, operational systems, HR management, leadership and employment development, and financial management.
  • Strong proficiency in ERP systems and the use of Microsoft Word, Excel, and Outlook required.
  • Organizational and time management skills to prioritize workloads to meet time-sensitive deadlines required.
  • Must be results-oriented with the ability to change priorities as needed.
  • Must have strong verbal, written, and interpersonal communication skills to interact with all associates, with the ability to communicate with tact and diplomacy.
  • Demonstrated ability to protect confidential information.
  • Ability to travel, as needed.
  • 8 days ago
Related jobs
Promoted
CRG Search
Chicago, Illinois

We are seeking an operating executive to partner with our client’s management teams on acquisition targets to develop and drive growth in EBITDA and margins. This will be a flexible relationship with opportunities to guide strategy, construct acquisition theses, and participate in executing transact...

Promoted
Alhambra Growth Partners
Chicago, Illinois

Alhambra Growth Partners is a private investment firm focused on teaming up with operating partners to help them buy businesses they can run. The GM/Operating Partner will initially be responsible for leading and managing the acquisition process and once a company is acquired the role will shift to ...

VDS Consulting Group
Chicago, Illinois

Operating Partner / Portfolio Company Optimization / Contract Position Conduct thorough operational and financial assessments of portfolio companies alongside senior investment professionals, performing regular audits and diagnostics to identify inefficiencies, cost-saving opportunities, and growth ...

Promoted
VirtualVocations
Chicago, Illinois

A company is looking for a Web Development Project Manager. ...

Promoted
Lakeshore Sport & Fitness
Chicago, Illinois

Proficient in Microsoft Office Suite or similar software. Responsibilities include overseeing operations as it relates to maintenance projects, repairs, building improvements, club cleanliness, vendor follow up, quality of work throughout the building and more. Minimum of 5 years in a manager or dir...

Promoted
Jupiter Power
Chicago, Illinois

Jupiter Power is looking for a Director of Accounting Operations who will be a key financial leader, responsible for overseeing all aspects of accounting across multiple legal entities for our organization. Oversee Jupiter’s Accounting Operations function, including processes and procedures ad...

Promoted
Goodwin Recruiting
Chicago, Illinois

Are you an amazing, hands-on leader with a passion for leading a lively, fun, upscale casual dining and entertainment facility? Are you looking for an opportunity that provides creative latitude with a well-financed, independent group? A General Manager is needed to take a completely rebuilt, local ...

Promoted
Capstone on Campus Management LLC
Chicago, Illinois

The primary responsibility of the Director of Operations is the overall maintenance and custodial service of Woodlawn Residential Commons at The University of Chicago. Capstone On-Campus Management (COCM), with headquarters in Birmingham, Alabama, is a group of student housing professionals focused ...

Promoted
Study Hotels
Chicago, Illinois

As the Hotel Controller, for a full-service property, you will manage our property's daily accounting functions with a hands-on approach. Our team is dedicated to guest service as our highest priority, and we are looking for a Controller who thrives in a dynamic, hands-on role, bringing expertis...

Promoted
All Nations Worship Assembly
Chicago, Illinois

All Nations Worship Assembly is looking for a responsible, detail-oriented Executive Assistant that can support our Assistant Pastor/Chief Ministries Officer in a timely and professional manner. Maintain meeting notes and actionable items required of the Assistant Pastor/Chief Ministries Officer. Ob...