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Form of workLSP is seeking a Market Area President t o join our growing team in Minnesota.
As the Market President, you will be responsible for leading a portfolio of Legacy Service Partners operating companies and own the P&L of multimillion-dollar businesses from Day 1. You will be responsible for the financial performance of the companies and will work to grow your businesses organically and through M&A. You will leverage Legacy's value creation playbook and other resources that enable the businesses to reach its full potential. Market Area Presidents will manage up to five companies but, in most scenarios, work directly on three assets.
This is a great opportunity to join and lead a fast-growing acquisitive company. The right individual will be comfortable with ambiguity, effective in change management, entrepreneurially minded, and ambitious. Join an A+ team of talented operators building a national service business from the ground up!
- Lead all business functions and operations as the Market Area President
- Full profit and loss (P&L) and balance sheet optimization responsibility
- Hire and develop talent at all levels of the organization
- Oversee the implementation of a standardized ERP system and financial management tools
- Expand geographically through greenfield opportunities
- Expand through service line offerings that are complementary to core business
- Partner with Legacy Service Partner's investing team to assess, close, and on-board add-on acquisitions
- Maximize ROIC by growing revenue and operating profit
- Persistent, self-motivated, and able to deliver results with limited supervision
- Effective leader capable of building and leading a winning team
- Strong analytical skills with an ability to turn financial and operational data into actionable strategic insights
- Highly developed interpersonal skills and ability to engage with people from different professional and educational backgrounds
- Persistent in the face of temporary setbacks, relentlessly driven, and ambitious for yourself and your team
- Meaningful operations leadership experience in a team of teams environment (e.g., military, manufacturing, logistics, field services, etc.)
- Competitive salary
- Flexible vacation policy
- Full medical, dental, and vision packages, 401(k)
- Opportunity to work for a high growth company backed by institutional investors.
- Access to our ongoing leadership training and development programs
- Wellness, Work from home and Learning Stipends available.
The salary range encompasses the overall compensation package, comprising both bonuses and equity .
A competitive compensation package will be offered. Relocation required. Geographies include Minneapolis, St. Paul, and Rochester.
Legacy Service Partners is a leading private equity-backed residential HVAC, plumbing, and electrical service company. At Legacy, we are building a national platform by acquiring market-leading local businesses with great cultures, attracting the best technical and managerial talent, and creating unmatched growth opportunities for our people. Since our founding in 2021, Legacy has made 30+ acquisitions of HVAC, plumbing, and electrical companies across 16 states.
Our companies provide emergency repair and replacement services, as well as recurring maintenance services to homeowners. With strong organic growth and an aggressive acquisition strategy, our vision is to build the nation's leading home services platform. Legacy is backed by Gridiron Capital, a private equity firm specializing in middle market facilities services companies with over $5bn of assets under management, and ZBS Partners, a leading roll-up incubator.
Legacy Service Partners is equal opportunity employers, considering all applicants for employment regardless of race, color, religion, sex, gender identity, pregnancy, national origin, ancestry, citizenship, age, marital status, physical disability, sexual orientation, genetic information, or any other characteristic protected by state of federal law.
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