Waud Capital Partners
The Firm
Waud Capital Partners, founded by Reeve Waud and now thirty years old, runs from LaSalle Street in Chicago with sixty-plus professionals under six partners averaging twenty-five years of experience. It invests in exactly two lanes, healthcare and mission-critical software and technology, and its model is executive-led: the firm pairs sectors with proven executives, in its own words thoughtfully selecting both to give them the most potential to create value.
Its published operating numbers describe the buy-and-build cadence: an average of ten-plus add-ons per healthcare platform during its hold, five-plus in software, and 400 percent average revenue growth across realized companies. The registry deal is Senior Helpers, its seventh home-care and post-acute investment, which put a 380-location franchised home-care system under private equity ownership in 2024.
A home-care searcher should read Waud as the institutional ceiling of the trade: when a franchise system that size trades to a healthcare specialist, the independents below it become add-on targets for the platforms that follow. Meeting the firm means knowing the two-sector discipline, the executive-partnership model, the add-on averages, and the Reeve Waud founding, because its materials lead with all four.
What It Buys
Chicago, IL. A healthcare and software investor whose Senior Helpers purchase, its seventh home-care and post-acute bet, put a 380-location franchised home-care system under private equity ownership.
Selling to them one day, or watching them as the other bidder? Track them in the Contact Book so the relationship has a next-touch date.
Confirmed Deals
2 deals traced to announcements by Waud Capital Partners, 2024 to 2025, newest first. Firms that announce every deal show a fuller run here than firms that report acquisitions as quarterly counts, so read this as the evidence that clears the bar rather than as the firm's whole record.
Nothing newer has cleared the bar in 16 months, against a registry whose newest confirmed deal is August 6, 2026. A gap past 12 months can mean the firm has slowed, or that it has stopped announcing; treat it as a prompt to check its own newsroom before assuming either.
- MedTec Healthcare (into Altocare) · April 21, 2025
An in-home care and adult-day-services provider joining Senior Helpers under Waud's new Altocare home-care platform.
- Senior Helpers · March 21, 2024
The Maryland home-care franchisor of over 380 locations across 44 states, bought from nonprofit Advocate Health.