The Private Equity Podcast, by Raw Selection

Alex Rawlings
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Apr 7, 2026 • 28min

The investing strategy in the franchising and multi-unit retail sector

Mike Esposito, co-managing partner of Franchise Equity Partners and former Goldman Sachs leader, explains his move into franchising and multi-unit retail investing. He discusses avoiding copycat PE strategies. He explains why franchising is undercapitalised and attractive. He outlines their minority, permanent capital approach and the role of data science in sourcing and diligence.
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Mar 31, 2026 • 28min

Mastery of the Psychology of Change & Transformation

Meg Pogue, founder of Mission Squared and former CEO who scaled a firm from 2 to 95 people, discusses the psychology behind change in high-growth and acquisition settings. She explores why transformations trigger threat responses, how personality differences shape reactions, and practical leadership moves like rebuilding trust, empowering teams, and quick tools to surface engagement and support needs.
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Mar 24, 2026 • 27min

Scaling a Home Services Business

David Williams, CEO of Advantage Services Group, is an owner-operator who scaled HVAC, plumbing and electrical businesses to $100M+ via acquisitions and organic growth. He recounts moving to Oregon for his first buy, completing 10 acquisitions, and expanding across states. He focuses on building one integrated company with infrastructure, systems, strong GMs and a deliberate culture centered on urgency and trust.
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Mar 17, 2026 • 21min

Balance Sheet First Investing Like an Operator, Not Traditional PE

Andrew Sachs, founder of Mauloa and former Morgan Stanley Capital Partners professional, invests in minority stakes in family businesses with a long-term, low-leverage playbook. He dismantles conventional PE thinking. He champions no debt, no forced exits, culture-first leadership, and compounding cash flow over decades.
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Mar 10, 2026 • 22min

The lessons from Formula 1 to 22 acquisitions by a Private Equity-backed CTO

Peter Rossi, a CTO with 25+ years in tech who ran trackside IT at McLaren and led 22 PE-backed acquisitions, shares high-pressure lessons. He discusses how F1 taught rapid problem solving and lateral thinking. He warns against rigid M&A planning and replacing founder-doers with perfection-focused leaders. He stresses simplifying product sets, protecting speed, and making integration about people.
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4 snips
Mar 3, 2026 • 28min

What Two PE Exits Taught James About Winning as a CFO

James Carver, an experienced CFO with two private equity-backed exits and a background in investment banking and FP&A, walks through his journey from trading desks to scaling businesses. He discusses M&A complexities, building SOPs and quote-to-cash processes, value-creation levers like territory expansion and inventory efficiency, and the role of advisors and cultural respect in acquisitions.
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8 snips
Feb 24, 2026 • 23min

Learnings from a $1BN+ exit and 300 investments in Private Equity

Richard Fitzgerald, co-founder and managing partner of CapitalSpring, built a sector-focused PE firm that scaled from $3M to 300 investments and a $1B+ exit. He discusses why multi-location consumer and foodservice businesses win, how specialization beats generalist approaches, the value of labor-light models, and a hybrid debt/equity playbook that helped fundraising in a tough market.
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4 snips
Feb 17, 2026 • 24min

Building a Value Creation Machine & Scaling a Private Equity Firm

Chris Sznewajs, founder and managing partner of Pacific Avenue Capital, builds value through complex carve-outs and investments in businesses owned by 'unnatural owners'. He discusses expanding into Europe with a people-first approach. He outlines proprietary corporate sourcing, the mechanics of a TotalEnergies carve-out, and why a dedicated ops team of generalists drives cross-border integration and EBITDA growth.
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7 snips
Feb 10, 2026 • 32min

How private equity firm THL is winning with AI implementation

Alex Sabel, VP at THL Partners who leads research and AI strategy, discusses how THL embeds AI across the firm and its portfolio. He covers data foundations, a compute-focused investment thesis, practical internal AI use, and how portfolio companies deploy agents and operational automations. He also talks about failing fast, build vs buy decisions, and everyday AI tools.
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Feb 3, 2026 • 22min

Emerging markets investing in the consumer & retail sector

Giovanni Zangani, Managing Partner at Maestro Equity Partners — a Vietnam-focused growth investor in consumer, retail and F&B. He discusses why Vietnam rewards hands-on, founder-aligned investing. Short takes on common diligence mistakes, running concentrated, operator-led deals, and how local knowledge and post-investment involvement drive success.

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