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 and instead build around the experience and ideas of the teams and leaders we choose to work with. We do however have deep expertise in B2B SME non-discretionary and recurring revenue services - where we also have a series of priority sectors we want to start platforms in but don’t yet have a leadership model for i.e Fire & Security, Pest, Lift & Building Services, Drainage & TICC. The fact we have customer access already through our other SME service platforms make these markets especially interesting. This advert is not for an immediate but instead to identify the leaders and teams we may choose to start a new platform strategy with. 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)