Job Description

This confidential portfolio company is a high-margin, multi-location laboratory testing business, offering quality, quantity, and environmental testing services across the U.S. The business operates through a simple and scalable model with 23 locations and generates $150M in revenue and $35M in EBITDA. With a 60% gross margin and ambitions to double EBITDA via strategic acquisitions, the company is preparing for a future exit. The current HQ transition to Denver supports a hybrid work model, empowering a largely remote leadership team while maintaining facility-level operational presence.

THE PRIVATE EQUITY FIRM

The Private Equity firm is a well-established investor with $4.4B in assets under management. The firm executes control buyouts and growth capital investments in the lower mid-market, focusing on companies with $10M-$150M EBITDA. Known for its hands-on yet founder-friendly approach, the firm prioritizes bolt-on execution, professionalization, and strong partnership with management teams. With deep operating partner support, the firm collaborates on transformational growth strategies and long-term value creation.

THE CULTURE

The company embraces a people-first, transparent, and empowering culture. The CEO maintains strong alignment through frequent site visits and a non-micromanaging leadership style. The culture promotes collaboration across all levels, ensuring finance acts as a bridge between strategy and operations. Recent investments in employee well-being and safety underline the company's commitment to its people.

VISION What does success look like in this role?

• Acts as a strategic partner to the CEO to drive commercial success and execute business initiatives.
• Develops visibility into financial and operational data to inform decision-making.
• Builds and scales a high-performing finance function, delegating transactional tasks.
• Drives M&A execution and integration to achieve EBITDA growth from $35M to $70M.

THE ROLE

The CFO will be responsible for :

• Serving as a strategic advisor and commercial partner to the CEO.
• Leading financial strategy, planning, budgeting, and forecasting.
• Building dashboards and KPIs for 23 locations to support operations.
• Leading acquisition diligence and integration, including financial systems and reporting.
• Reporting to the Private Equity firm on key financials, cash flow, and exit readiness.

KEY SELLING POINTS OF THE ROLE

• Opportunity to scale a high-margin, niche services business with industry tailwinds.
• Work closely with a seasoned CEO with multiple PE exits.
• Significant equity upside potential ($10M-$15M at 3x return).
• Build strategic finance from the ground up with full autonomy.
• Supportive and transparent company culture.

KEY CHALLENGES FOR THE ROLE

• Provide accurate, timely financial reporting and analysis to the Private Equity firm.
• Close gaps in data-driven decision-making and analytic capabilities.
• Build a robust M&A integration and FP&A function.
• Operate effectively within a hybrid (or fully remote) environment.

YOUR BACKGROUND

Successful candidates will demonstrate :

• Experience as CFO with at least one Private Equity-backed exit (ideally two).
• CFO leadership in a multi-site Commercial services business.
• Strong M&A integration experience and commercial finance leadership.
• Proven ability to scale finance teams, processes, and systems.

YOUR CHARACTERISTICS

• Empowering and team-oriented leadership style.
• Strategic thinker with strong analytical capabilities.
• Effective communicator with strong interpersonal skills.
• Comfortable operating autonomously and building from scratch.

LOCATION

COMPENSATION PACKAGE

Basic Salary : $300,000-$500,000

Bonus : 50%-100%

Equity : Yes - significant upside ($10M-$15M potential at 3x)

401k : 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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