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# Operating Partner, Industrial Services with a PE Fund – Dallas, TX


Role Overview for Operating Partner, Industrial Services with a PE Fund – Dallas, TX
JRG Partners is proud to partner with a premier, middle-market private equity fund in their search for a distinguished Operating Partner specializing in the Industrial Services sector. Based in the dynamic business hub of Dallas, TX, this role represents a pivotal opportunity to influence and drive substantial value creation across a portfolio of high-growth companies. Our client has a long-standing reputation for partnering with exceptional management teams to build market-leading businesses. They employ a hands-on, operationally-focused investment strategy, and the Operating Partner is the cornerstone of this approach.
This is not a traditional consulting or advisory role; it is a deeply immersive, hands-on leadership position. The Operating Partner will act as a strategic force multiplier, working shoulder-to-shoulder with the fund’s investment professionals and the leadership teams of its portfolio companies. The ideal candidate will be a seasoned executive with a proven history of P&L ownership and transformative leadership within the industrial services landscape. This includes, but is not limited to, sectors such as facility services, environmental services, equipment rental, specialty distribution, testing, inspection, and certification (TIC), and infrastructure services.
The core mission is to accelerate growth, enhance profitability, and institutionalize best practices across the portfolio. This involves everything from pre-acquisition due diligence and post-acquisition integration to long-term strategic planning and eventual exit execution. You will serve as a mentor, a strategic advisor, and a change agent, leveraging your deep industry knowledge and operational expertise to unlock latent potential and navigate complex challenges. This role offers a unique platform to shape the trajectory of multiple businesses, share in their success through significant carried interest, and solidify your legacy as a leader in the private equity and industrial services domains.
Key Responsibilities of Operating Partner, Industrial Services with a PE Fund – Dallas, TX
The Operating Partner’s responsibilities are broad and strategic, requiring a blend of operational grit, financial sophistication, and executive leadership. Success in this role is measured by the tangible improvement and growth of the portfolio companies.
Strategic Due Diligence & Deal Execution
Collaborate closely with the investment team during the pre-acquisition phase. Lead operational due diligence, assess management teams, validate investment theses, identify key risks and opportunities, and contribute to the development of post-acquisition value creation plans.
Post-Acquisition Integration & 100-Day Planning
Spearhead the initial post-close integration efforts. Develop and execute a comprehensive 100-day plan focused on establishing key performance indicators (KPIs), securing quick wins, aligning the management team, and setting the strategic direction for long-term growth.
Portfolio Company Strategy & Oversight
Serve as a key board member and strategic advisor to multiple portfolio companies. Work with CEOs and their leadership teams to refine business strategy, develop annual operating plans, and drive long-term strategic initiatives. A core function of this role is to partner with portfolio company leadership to drive transformative value creation through rigorous strategic and operational initiatives.
Operational Excellence & Performance Improvement
Act as a catalyst for operational improvement. Champion initiatives related to lean manufacturing, Six Sigma, supply chain optimization, pricing strategies, sales force effectiveness, and technology implementation. Identify and share best practices across the portfolio to create a culture of continuous improvement.
Financial Management & Reporting
Monitor the financial and operational performance of portfolio companies against budget and strategic plans. Assist management in developing robust financial forecasting, cash flow management, and reporting systems to provide clarity and facilitate data-driven decision-making.
Leadership Development & Human Capital
Mentor and coach C-level executives within the portfolio. Assist in recruiting key talent, designing effective organizational structures, and implementing performance management and incentive systems that align with the fund’s value creation objectives.
Add-On Acquisitions & Growth Initiatives
Identify and evaluate strategic add-on acquisition opportunities that can accelerate growth and enhance market position. Lead the operational integration of newly acquired businesses to ensure seamless transitions and the realization of synergies.
Exit Strategy & Execution
As portfolio companies mature, work with the investment team and management to prepare the business for a successful exit. This includes positioning the company strategically, optimizing financial performance, and participating in the sale process to maximize returns for investors.
Requirements for the Operating Partner, Industrial Services with a PE Fund – Dallas, TX
We are seeking a candidate with a rare combination of deep industry expertise, proven leadership capabilities, and a private equity mindset. The qualifications for this role are rigorous, reflecting its strategic importance.
Executive Leadership Experience
A minimum of 15-20 years of progressive experience, including significant time spent in a C-suite role (e.g., CEO, COO, President, or General Manager) with full P&L responsibility for a business of substantial scale ($100M+ in revenue).
Deep Industrial Services Expertise
Verifiable track record of success within one or more sub-sectors of industrial services. The candidate must understand the unique operational levers, market dynamics, and customer behaviors inherent to service-based, B2B industrial businesses.
Private Equity Acumen
Direct experience working in a private equity-backed environment is highly preferred. This could be as a portfolio company executive, an Operating Partner at another fund, or a senior consultant who has worked extensively with PE clients. Understanding the pace, metrics, and governance of a PE-owned company is critical.
Demonstrated Value Creation
A clear and quantifiable history of driving significant EBITDA growth, margin expansion, and operational improvements. Candidates must be able to articulate specific strategies they have implemented and the results they achieved.
Mergers & Acquisitions Proficiency
Hands-on experience with M&A, including conducting due diligence, leading post-merger integration efforts, and successfully combining cultures and operations.
Financial & Analytical Acumen
Strong command of financial statements and key business metrics. The ability to dissect complex operational problems, analyze data, and develop clear, actionable plans is essential.
Leadership & Interpersonal Skills
Exceptional ability to influence and lead without direct authority. Must be a skilled communicator, a relationship-builder, and a credible advisor who can earn the trust of CEOs, management teams, and investment professionals.
Education
An undergraduate degree in business, engineering, or a related field is required. An MBA or other advanced degree is strongly preferred.
Location & Travel
The candidate must be based in or willing to relocate to the Dallas, TX metropolitan area. The role will require regular travel to portfolio company locations.
Benefits & Perks Offered
Our client offers a compensation package designed to attract and retain a leader of the highest caliber. This is a unique opportunity to build significant personal wealth while making a substantial impact.
Competitive Base Salary and Annual Bonus
A highly competitive cash compensation package commensurate with experience and market standards.
Significant Carried Interest
A substantial equity stake in the fund’s success through a generous carried interest allocation, providing a direct share in the value created across the portfolio.
Comprehensive Health & Wellness Benefits
Premium medical, dental, and vision insurance coverage for you and your family.
Retirement Savings Plan
A robust 401(k) plan with a competitive company match.
Generous Paid Time Off
A flexible and generous paid time off policy to ensure a healthy work-life balance.
Relocation Assistance
A comprehensive relocation package is available for the right candidate and their family.
Professional Development
Ongoing opportunities for professional growth and networking within the private equity industry.
How to Apply
JRG Partners is exclusively managing this confidential search. If you are a results-oriented leader with a passion for building great industrial services companies, we encourage you to apply. Please submit your resume and a cover letter detailing your relevant experience and specific achievements in value creation.
To submit your application or to learn more about our expertise in this area, please visit the official page for JRG Partners’ Private Equity Executive Search practice. We look forward to reviewing your qualifications.