Patrick Turner, Managing Director at VSS Capital Partners, joins Scott Estill and guest co-host Justin Wisnicki to unpack how structured capital enables founders to scale without giving up control.

They discuss:

• VSS’s approach to minority investing with downside protection

• How operational rigor creates value post-close

• Why founders choose growth capital over a full sale

• LP sentiment and the shift toward the lower middle market

• 600+ bolt-on acquisitions and what makes them work

If you're in private equity, a founder at an inflection point, or an operator focused on growth, this episode is a masterclass in alternative investing models and value creation.