What are the responsibilities and job description for the Principal - UFP Ventures position at UFP Industries, Inc?
Are you ready to join a team that will build a company's future? At UFPI, we're on a mission to find and support transformative companies and help their entrepreneurs turn their dreams into reality. Our goal is to build the next billion-dollar business units for UFPI by focusing on ventures that have the potential to change the way the industry operates, both organically and inorganically. As part of our team, you'll be empowered to execute the venture's strategy for UFP by sourcing new ventures you believe in, pitching to senior management, partnering in their growth, and helping the venture to exit. We encourage our team to lead the pitches and lead disruptive organic businesses, making this an exciting opportunity for those who want to be at the forefront of innovation and business growth.
Job Summary
The Principal is responsible for Executing the venture's strategy for UFP from sourcing/cradle of new ventures to exit (external, M&A, or new business line).
Location: Grand Rapids, Detroit, St. Louis, Atlanta, or Charlotte preferred
Principal Duties & Responsibilities
Sourcing new venture companies aligned to investment strategy
Manage total deal flow and pipeline to ensure growth objectives
Market Analysis of opportunity areas
Due Diligence for investing
Ensure successful exit of ventures and return of UFP fund
Qualifications
BA in Business, Bachelor of Science or Engineering or related technical science a plus. MBA preferred.
English language fluency is mandatory. Other languages are desirable
A minimum of 1-5 years of experience in ventures, M&A, strategy, commercial, sales, business, innovation, or entrepreneurship. Recent MBA graduate
Technical, Commercial, and Sales expertise. Experience in Construction, Venture Investing, M&A, Marketing, Sales, and Strategy is a plus
Innovation, Ventures, and Development Strategies. Understanding of the principles and application of Innovation & Development strategies and approaches (Gating, Design Thinking, Seed Launch Grow) a plus
An ambitious self-starter, strong team player, inspiring and collaborative, gritty and resilient, demonstrating a fact-based structured approach with high sense of urgency
The Company is an Equal Opportunity Employer.
Universal Forest Products and its subsidiaries and affiliates are equal opportunity employers. All qualified candidates will receive consideration without regard to race, color, religion, sex or national origin.
