New Opportunity: Chief Operations Officer at Impel

Chief Operations Officer


Impel is a high-growth, rapidly expanding collection of small businesses. Our platform of companies includes capital equipment sales & distribution, repair & field work, manufacturing, and engineering. We are operating in 12 locations across 12 states in the Western US with new acquisitions quarterly.


Impel is owned by Pike Street Capital, a growth focused PE firm out of Seattle, WA. The firm invests in middle-market companies in the industrial technology, specialty manufacturing, and distribution & logistics sectors. The Impel investment serves as a foundation from which to expand into the rapidly growing pump and related products industry. Pike Street Capital and Impel have completed 8 acquisitions since the partnership and are actively looking for additional acquisitions and other strategic partners to grow their product offering, service capability, geographic reach, and technology.


COO Function


This Chief Operating Officer will partner strategically with the CEO and executive team and be experienced in overseeing and running multi-location operations in the industrial space. This position will be responsible for driving all day-to-day operations of the organization as a valued member of the executive suite and a key contributor to value creation for the enterprise. The ideal candidate will have a strong focus on transformation and operational efficiency and will have significant exposure to industry best practices while driving excellence in a multi-location model. This is an in-the-trenches position with the opportunity to build out a best-in-class operational environment while the business scales exponentially through organic and acquisition growth.


The COO candidate must be willing to take a leadership role with the CEO and executive team to motivate the people in the organization to achieve its mission and financial targets. The COO will report to the Chief Executive Officer and be a key executive team member.


Principal accountabilities are


  • Collaborate with the CEO to set and drive organizational vision, strategy, and hiring.
  • Translate strategy into actionable steps, implementing organization-wide goal setting, performance management, and operational planning.
  • Oversee company operations and employee productivity, ensuring team members thrive and organizational goals are met.
  • Together with the CEO and CFO, establish and monitor key metrics (KPIs) for various business units and locations.
  • Analyze internal operations and identify areas of process improvement to improve efficiencies, maximize labor, and meet service level expectations. 
  • Spearhead continuous improvement across the operational groups.
  • Oversee and prioritize safety and quality standards.
  • Play a role in the implementation of technology and systems to boost efficiency.
  • Oversee company operations and employee/labor productivity, building a highly inclusive culture ensuring team members thrive and organizational initiatives are met. 
  • Maintain and build trusted relationships with key vendors, customers, and stakeholders. 
  • Participate in the due diligence process as necessary for potential acquisitions.
  • Responsible for leading post-acquisition integration projects.
  • Manages the region’s P&L and achieves or exceeds all developed KPI’s.


Skills and Qualifications


  • Bachelor’s degree in business administration, engineering or a related field 
  • 5+ years’ experience in Executive leadership positions 
  • Leadership skills, with steadfast resolve and personal integrity 
  • A solid grasp of data analysis and operational and sales performance metrics 
  • Be able to diagnose problems quickly and have foresight into potential issues 


Preferred / Bonus Qualifications 


  • Master’s degree in business or related field 
  • Direct executive experience working within Engineered Product Sales, Service and Packaged Systems
  • Managing multiple remote locations
  • History of working with Board of Directors 

 

180one is a retained search firm and has been engaged by Impel to manage this search. If interested in learning more about the opportunity, please contact Tom Haley / 503-334-1350 / tom@180one.com

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