In this episode of The ReForge Podcast, Matthew Chang sits down with Paul Swaney, founder of The Swaney Group and Navy submarine veteran, for real talk on what private equity actually looks like when you're not just flipping companies—you're building them. If you're looking for business advice on the coming capex wave and why manufacturing is about to boom, this conversation delivers the blueprint from two operators who see the deals others don't. Paul W. Swaney III is the founder of The Swaney Group and creator of the Swaney Group Operating System (SGOS), a methodology he has applied to over 30 companies ranging from Fortune 100 enterprises to private equity-backed ventures. A Navy veteran who served as an electrician on submarines from 1998-2005, Paul grew up in a machine shop where his father was a tool maker—learning to read a micrometer at a ...