Waud teams with proven industry executive to acquire and build a leading provider of home care services

Chicago, August 20, 2018 – Waud Capital Partners (Waud Capital), a leading growth-oriented middle market private equity firm, today announced that it has entered into a partnership with Chris Rucker, a proven healthcare executive with more than 25 years of management experience, to pursue investments in the home care market.  The partnership will focus on targeted subsectors, including home health nursing, hospice, personal care and other home and community-based services.  Waud Capital has initially committed over $100 million of equity capital to the initiative.

Most recently, Mr. Rucker served as Chief Operating Officer of Jordan Health Services, one of the largest home care providers offering a unique continuum of care, including home health nursing, hospice and personal care services.  Prior to Jordan, he served in executive leadership positions within the pharmacy benefits management, dialysis and pharmaceutical services markets.  He brings a wealth of knowledge and experience across healthcare with a deep understanding of operations, patient care and growth.  Mr. Rucker’s track record includes consistent growth and value creation for shareholders, as well as recognitions for quality, innovation and employee culture, including Fortune’s Most Admired Companies list and multiple Top Workplace awards.

“We are thrilled to announce our partnership with Chris,” said Chris Graber, a Principal of Waud Capital.  “He has created meaningful value at every organization he’s led, and he brings a unique combination of seasoned leadership and deep commitment to quality care.  Demand for home care is growing rapidly across multiple subsectors and we believe there’s a tremendous opportunity to build a market leading organization.”

“I’m excited by the opportunity to partner with Waud Capital to grow a business in the home care market,” added Mr. Rucker.  “There remains tremendous opportunity to deliver quality patient care in a differentiated manner and the Waud Capital team shares my commitment to building businesses the right way.  Having met many private equity firms, the Waud Capital team distinguished itself with their impressive track record, deep knowledge of this sector and resources to support portfolio companies and executive teams.”

“This announcement demonstrates our commitment to a distinct and disciplined process of identifying and partnering with leading executives in targeted markets with the opportunity for transformational growth,” said Reeve Waud, Managing Partner of Waud Capital.   “We’re excited by the prospects of what we can achieve with Chris.”

About Waud Capital Partners
Based in Chicago, Waud Capital Partners is a leading growth-oriented private equity firm with total capital commitments of approximately $2.1 billion since its founding in 1993.  Waud Capital partners with exceptional management teams to build market leading companies within two industries: healthcare services and business and technology services.  Since its founding, the Firm has successfully completed more than 240 investments, including platform companies and follow-on opportunities.

For additional information on Waud Capital, visit www.waudcapital.com.

Investment Professional Contact:
Chris Graber, Principal
(312) 676-8405
[email protected]

Media Contact: 
Nick Rust, Prosek Partners
(646) 502-4520
[email protected]