In this episode of Karma School of Business, Sean Mooney interviews Drew Meyers, Partner at Seaport Capital. Drew shares how his unconventional path—from off-track betting to M&A integration—shaped his approach to lower middle-market private equity. He breaks down Seaport's focused strategy on founder-led businesses, where they invest early in professionalization across strategy, sales, and finance. The conversation covers everything from the importance of relationships and never burning bridges to how BluWave helps Seaport access cost-effective resources tailored to smaller portfolio companies.
Episode Highlights:
2:00 - Drew's winding path into PE, including bartending and selling industrial insulation
6:00 - Why M&A integration experience is valuable training for private equity
13:00 - Working with founder-led businesses and understanding the founder mindset
19:00 - Seaport's three-part value creation playbook: strategy, sales, and finance
29:00 - How to professionalize early-stage companies without overspending
32:00 - Finding cost-compatible resources for $3M EBITDA businesses
35:00 - Career advice: never burn bridges and do things the right way
For more information on Seaport Capital, go to https://www.seaportcapital.com/
For more information on Drew Meyers, go to https://www.linkedin.com/in/drew-j-meyers/