Woof! Waud Launches Heart + Paw Veterinary Platform

Buyouts: Woof! Waud Launches Heart + Paw Veterinary Platform
October 22, 2018
By Sarah Pringle

Sarah Pringle of Buyouts magazine wrote about Waud Capital’s new veterinary services platform, Heart + Paw, which is a differentiated, integrated experience for pets and their parents. The new platform is led by Vincent Bradley, who partnered with Waud Capital initially in September 2017. Sarah reports that Heart + Paw intends to build a network of more than 200 sites in coming years, with an initial focus on the Northeast and Mid-Atlantic regions and will offer vet care, grooming, day care, boarding and retail, among other services.

To read the full story, please visit the Buyout’s website.

Five Questions with Waud Capital’s Reeve Waud

Buyouts: Five Questions with Waud Capital’s Reeve Waud
August 17, 2018
By Sarah Pringle

Sarah Pringle of Buyouts magazine spoke with Waud Capital Partners’ founder Reeve Waud and asked five questions about the current investment environment in healthcare services, the importance of human capital to differentiate itself, the firm’s five-member human capital and some challenges in finding quality deals. During the interview, Waud discussed the firm’s “Ecosystem,” comprised of data on 2.2 million companies, and identified veterinary, home health, and specialty pharmacy as current niches that the firm is exploring.

Early Move Into Behavioral Health Leads to 12-Times Return for Waud

WSJ Pro Private Equity
March 27, 2017
By Laura Cooper

Laura Cooper of The Wall Street Journal reports on the increased activity by private-equity firms investing in behavioral health deals in recent years. One firm’s early experience in the space could help explain why.

Waud Capital Partners, an early investor in the behavioral health, reaped a superior risk-adjusted return on its investment in Acadia Healthcare by the time the firm fully exited the company in August 2017, said a person familiar with the matter. Waud initially helped form Acadia in December 2005 and took the company public in 2011.

Waud Capital Scoops Up Anovia, TrustCommerce In Payments Drive

Buyouts
September 22, 2017
By Luisa Beltran

Waud Capital, a middle market PE firm known for investing in business services and healthcare services, has made its second investment in the payments space. Andrew Rueff, chairman of Waud’s integrated payments platform Sphere Payments and former co-founder of TransFirst, spoke to Buyouts about the acquisitions of TrustCommerce and Anovia Payments.

Waud Adds Anovia to New Payments Platform

WSJ Pro Private Equity
September 21, 2017
By Chris Cumming

WCP operating partner Andrew Rueff speaks with WSJ’s Pro Private Equity about the latest partnership with payment-processing company Anovia Payments LLC. Anovia will be part of Sphere Payments LLC, a recently created payment-software platform led by Waud Operating Partner Andrew Rueff, according to a news release. TrustCommerce, a maker of payment-security software that Waud recently bought, also is part of Sphere, though the two companies will be managed separately, said a company spokesman.

Waud Capital Buys Payments-Software Company TrustCommerce

WSJ Pro Private Equity
September 14, 2017
By Chris Cumming

The following story reports on Waud Capital Partners’ platform acquisition of TrustCommerce, a Santa Ana, Calif., company that makes software for securely processing payments. TrustCommerce will be part of a newly created holding company, Sphere Payments LLC, led by Andrew Rueff, a Waud operating partner, according to a news release.

Waud Capital Backs ChiroTouch

WSJ Pro Private Equity
July 10, 2017
By Laura Cooper
Waud Capital Partners said it invested in ChiroTouch, a provider of electronic health records and practice-management software to the chiropractic community. The San Diego company, formally known as Integrated Practice Solutions Inc., provides ChiroTouch Practice Software and SmartCloud Chiropractic EHR Software to more than 11,000 clinics in the U.S.