Imagine a company that has moved past the early startup struggles — it has a loyal customer base, steady profits, and a proven business model. It is not a risky, cash‑burning newcomer anymore, but it still dreams of opening factories in another country, buying a smaller competitor, or letting some early investors cash out without selling the whole firm. That is exactly where growth equity financing steps in. In this chapter, we look at the quieter middle ground of private investing — the capital that fuels expansion for already‑successful companies.