WAUD CAPITAL PARTNERS
WAUD CAPITAL PARTNERS is a Series C+, buyout and growth-equity fund in the US writing $75M–$200M checks into healthcare-services, software-technology, provider-services, hospitals, life-sciences, pharmaceuticals, non-reimbursement, mission-critical-software, vertical-application-software, integrated-payments, knowledge-technology and healthcare-it.
- Stages
- Series C+, buyout, growth-equity
- Sectors
- healthcare-services, software-technology, provider-services, hospitals, life-sciences, pharmaceuticals, non-reimbursement, mission-critical-software, vertical-application-software, integrated-payments, knowledge-technology, healthcare-it
- Check size
- $75M–$200M
- Invests in
- US-wide
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1993
- Assets under management
- $4.6B
- Website
- waudcapital.com
Thesis
Waud Capital Partners (WCP) is a Chicago-based private equity firm founded in 1993, specializing in control-oriented, middle-market buyouts, recapitalizations, growth equity investments, and industry consolidations. With approximately $4.6 billion in AUM as of December 31, 2022, WCP focuses on building market-leading companies within two core sectors: Healthcare Services (including provider services, hospitals, life sciences, and non-reimbursement industries) and Software & Technology (targeting mission-critical software with recurring revenue models). The firm prefers substantial investments in companies with at least $10 million in revenue and enterprise values from $30 million to $250 million, typically investing $75 million to $200 million in equity. WCP exclusively executes direct control investments and build-up strategies, employing a unique 'pairing' approach to match executives and sectors, and utilizes an executive-in-residence model for deal sourcing. They avoid cyclical heavy industrials, commodity-exposed businesses, real estate, financial services, consumer retail, and sectors with high technology disruption risk.
Common questions
Does WAUD CAPITAL PARTNERS invest at the Series C+ stage?
Yes. WAUD CAPITAL PARTNERS lists Series C+, buyout and growth-equity among the stages it invests in.
What check size does WAUD CAPITAL PARTNERS write?
WAUD CAPITAL PARTNERS writes $75M–$200M checks.
Where does WAUD CAPITAL PARTNERS invest?
WAUD CAPITAL PARTNERS invests in the US.