TheMilVet Podcast

96. The Power of Servant Leadership in Private Equity with Frank Baumann and Boe Nankivel, of Cold Bore Capital

Brendan Aronson and Tim Hsia

Welcome to The MilVet Podcast! In this episode, we sit down with Frank Baumann and Boe Nankivel, operating partners at Cold Bore Capital, a veteran-founded private equity firm focused on the lower middle market. Frank and Boe share their journeys from military service—including Boe’s time as a Navy SEAL and Frank’s experience in Navy intelligence—to the world of private equity.

We explore Cold Bore’s unique approach to driving value through operational improvements, its emphasis on hiring veterans, and how servant leadership plays a pivotal role in transforming businesses. Frank and Boe dive into the challenges of transitioning to civilian careers, the importance of mentorship, and the opportunities private equity offers for veterans looking to apply their leadership skills in high-impact roles.

Learn more about Cold Bore Capital and its innovative model by visiting their website.



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