Chris Sigala Left Private Equity For the ETA Journey

Chris Sigala took an unconventional path through ETA — no MBA, no traditional search fund syndicate, and a relatively brief search in a very specific healthcare niche. Sigala has now completed an ETA round trip, having sourced and acquired Renvio - which serves dialysis clinics by streamlining how they operate - led it it as CEO, and exited to a financial partner.  Sigala shares his journey in a fascinating conversation featuring Anthony Walker, a General Partner at NCL Partners, Brian Axelrad, a Partner at Kilpatrick, Townsend and Stockton, and Search Party host David Snow. Among the highlights of the conversation: • As a former private equity professional who had spent years evaluating small software businesses from the outside, Chris eventually decided he wanted to run one • Sigala acquired two companies simultaneously and merged them on a single closing day, an opening move that not every ETA searcher should attempt, according to Walker and Axelrad. • Whereas in days past, ETA searchers were more likely to cast a wide net, today's ETA searchers increasingly arrive with a specific industry thesis. Sigala's vertical software focus gave him a clear edge over larger firms that couldn't efficiently deploy capital at that scale. • When Chris sat down with the owners of the dialysis software company he was trying to acquire, he brought his father — a nephrologist — to the meeting, turning a business negotiation into a conversation among people who genuinely shared a passion for the space, and winning the deal in the process. Access the transcript and a searchable content archive at the Search Party Substack: https://open.substack.com/pub/searchpartychannel/p/chris-sigala-left-private-equity?r=4tj90q&utm_campaign=post-expanded-share&utm_medium=web Search Party Lead Sponsor NCL Partners https://www.nclpartners.com/ Search Party Sponsors: Boulay search fund team https://boulaygroup.com/services/search-funds/ Oberle Risk Strategies https://oberle-risk.com/landing-page/search-party/ Kilpatrick, Townsend & Stockton https://ktslaw.com/ #searchfunds #ETA #entrepreneurship #womeninbusiness #privateequity #sme #investing #deals #searchparty