CEO/MD/Managing Director - new private equity backed buy-build group
Posted 2 days 21 hours ago by Independence Capital
Independence Capital ("IC") are a hybrid private equity & advisory firm specialising in seeding new buy-build strategies. IC provide a management-friendly alternative to legacy private equity for three types of teams and leaders:
- Enabling teams and leaders who have recently exited and who wish to utilise that experience on a similar buy-build but where they retain control
- Enabling teams and leaders from within a best-in-class corporate who wish to utilise that experience to build a new group where they retain control
- Enabling second-line management in high performing SME to buy-out their incumbent majority shareholder
IC thesis is to acquire £2m to £15m turnover assets off-market and to aggregate them to an ultimate exit-scale of c£7-10m EBITDA (across a 3-5yr time horizon) before dual-track an exit process to Trade or Private Equity.
We are sector agnostic (but have deep expertise in B2B SME non-discretionary and recurring services) and instead build around the experience and ideas of the teams and leaders we choose to work with. This advert is not for a role per se but instead to identify the leaders and teams we may choose to start a new strategy with in 2025. Typically, our time to transact on a new strategy is 3-6 months. To date, we have assisted leaders from around the world who have exited for over £2bn.
Requirements
- Over 7 years experience at Board level
- Over 10 years experience of a particular single sector
- Demonstrable track record of regularly delivering scale and EBITDA growth
- Prior PE experience and (or) delivery of exits are desirable but not essential
- For outstanding candidates consideration would be given to Finance, Operations, Commercial, Product leaders stepping into their first MD role
- Location agnostic but generally preferred that candidates are or can be based North-West, Midlands or Yorkshire to be proximate to IC head office
Package
Industry leading equity reward & salary packages along with support to scale/exit
Recognising IC unique equity award - all candidates will be expected to seed the acquisition vehicle with a meaningful capital commitment (if you are not comfortable investing a six-figure sum please do not apply)