August 16, 2018
Waud Capital Appoints Chase Edmonds and Karan Sabharwal as Vice Presidents
Adds seven new hires, expanding the team to more than 45 professionals across the firm
Chicago, August 16, 2018 – Waud Capital Partners, a leading growth-oriented middle-market private equity firm with $2.1 billion assets under management, today announced the appointments of Chase Edmonds as Vice President, Healthcare Services, and Karan Sabharwal as Vice President, Business and Technology Services.
In addition, the firm hired two business development analysts, one senior associate and two associates, expanding its team to more than 45 professionals across its investment, human capital, business development, finance and investor relations teams.
Reeve Waud, Founder and Managing Partner of Waud Capital, commented, “With these appointments, we continue to strengthen our ecosystem and build a senior team across all core functions, including investment, human capital, business development and research. Both Chase and Karan bring investment experience in our two core verticals and a strong analytical approach that will serve us well as we execute our highly disciplined, repeatable strategy and deploy capital from our fourth fund.”
Mr. Edmonds brings more than five years of private equity and consulting experience. Previously, he was an MBA intern at UnitedHealth Group Ventures in the summer of 2017. He also served as an Associate at Comvest Partners, where he assisted in the close of two leveraged buy-outs for healthcare services firms. Mr. Edmonds began his career at A.T. Kearney advising on potential client acquisitions and improving operational efficiency for companies in healthcare and other industries.
Mr. Edmonds holds an M.S.E. and B.S.E., magna cum laude, in Industrial and Operations Engineering from the University of Michigan and holds an M.B.A. from the Kellogg School of Management at Northwestern University.
Mr. Sabharwal brings six years of private equity and investment banking experience. Mr. Sabharwal worked as a Senior Associate at Golden Gate Capital and an Associate at Friedman Fleischer & Lowe, where he was responsible for evaluating and executing private equity transactions across a broad range of industries. Mr. Sabharwal began his career in investment banking at Bank of America Merrill Lynch.
Mr. Sabharwal graduated from Duke University with a B.S.E. in Electrical and Computer Engineering and Economics and holds an M.B.A. from The Wharton School at University of Pennsylvania.
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, Waud Capital has successfully completed more than 240 investments, including platform companies and follow-on opportunities.
For additional information on Waud Capital, visit www.waudcapital.com.
For Further Information:
Meghan Slentz, Director – Investor Relations
Nick Rust, Prosek Partners