Hi, hope all is well! We're looking for a CEO to lead our new platform. The role combines leading operations of our first acquisition (~$20M revenue / ~$4M EBITDA) while driving deployment of $30M of committed equity for future acquisitions. We're solving for an operational rockstar with great references for: work-ethic, being-extremely-organized/high-attention-to-detail/extreme-consistency, kindness and honesty. We need this person to start as soon as possible, and the location is based in New York City. If interested in leading a highly profitable, long-standing business and growing the platform through M&A, we'd love to hear from you! Please email hiring@tuckersfarm.com with your resume (including your undergrad GPA, your GMAT/GRE score, and some indication of previous job ranking/performance) with the subject line "Services Platform CEO Application / LAST NAME, FIRST NAME".
Note: Our process will rely significantly on references?(but we will not contact your current employer without your permission, of course).
TUCKER'S FARM BACKGROUND
We are a low-profile, value-oriented holding vehicle modeled after Berkshire Hathaway. The founders/investment team is comprised of value investors from Apollo Global Management (~$80bn private equity group) and Viking Global Investors (~$50bn hedge fund). We have various portfolio companies or 'platforms' (also known as rollups, aggregations or buy-and-builds). Each platform is capitalized with a long-term equity base and has the sole mandate of compounding cash flows for the long term, primarily through M&A. We have a broad mandate and look for opportunities across industries, geographies and the capital structure, although our primary focus is on rollups. We are investing out of our recently raised (September 2024) $110M holding company vehicle.
OVERVIEW OF CEO ROLE/RESPONSIBILITIES
Platform Leadership (75%)
Lead operations of our flagship business (~$20M revenue / ~$4M EBITDA). This includes (1) providing daily operational leadership and strategic direction across all business units; (2) managing a high-performing, 50+ person blue-collar work force; (3) maintaining and growing relationships with key stakeholders, including customers & suppliers; (4) overseeing budgeting, forecasting, and resource allocation via clear KPIs (and holding team members accountable); (5) leading recruitment, training, and development of management team members and field workforce; (6) creating, implementing, and managing sales, customer management, and inventory management systems and processes.
M&A/Integration (25%)
Deploy $30M of committed equity through strategic acquisitions.
Source and evaluate acquisition opportunities in coordination with Tucker's Farm M&A team.
Lead integration of acquired businesses and develop playbook for future platform expansion.
SUMMARY TRADE-OFFS OF THE OPPORTUNITY
(+) You will be a CEO of a growing/highly acquisitive PE-backed platform with commensurate equity upside.
(+) You will learn from a highly successful PE team with a top investing track record.
(+) You will have a big title and significant responsibility.
(+) You will have a lot of fun in a scrappy, entrepreneurial environment.
(=) You will be doing a lot of highly operational, hands-on work.
(-) If joining a large, established company with a big brand is appealing to you or you enjoy structured environments, then this opportunity is not a fit.
QUALIFICATIONS
Graduated: this is not an internship.
Stellar references: our process relies heavily on 'off-sheet' references on past performance. We typically find a way to connect with 5-10 past co-workers and senior people (but we will not contact your current employer without your permission).
Low career turnover: excluding business school (and related internships), less than 3 jobs in the last 5 years.
High ranking in previous job and to a lesser extent, a high undergrad GPA (while not always relevant, we feel there is some signal in GPA, and certainly in past performance).
Highly organized: high attention-to-detail, highly responsive, consistent, and conscientious.
Executional rockstar: superb at to-do-lists, general execution and project management including managing multiple workstreams and teams of people (internal and external, including employees, customers, suppliers, lawyers, accountants etc.). We need an executional rockstar that keeps the trains running on time and makes sure all the t's are crossed and i's are dotted.
Solutions-oriented: scrappy, problem-solving, and does not need structure or direction to thrive.
Language: Basic/conversational Spanish is a plus.
COMPENSATION
We're selecting for folks who view this trade as an entrepreneurial/fun/big-title-and-growth opportunity vs. a brand name opportunity (which we're not yet!). Compensation depends on candidate profile, but our starting base case is ~$200k/year in cash + significant equity upside.
APPLICATION METHOD
Submit your resume?via email to hiring@tuckersfarm.com (please include some indication of previous job ranking/performance, undergrad GPA, GMAT/GRE score) with the subject line "Services Platform CEO Application / LAST NAME, FIRST NAME".