Waud Capital Partners has hired Dave Prendergast as Vice President – Business Development. Mr. Prendergast will focus on identifying investment opportunities within the firm’s healthcare services vertical.
“We are excited that Dave has joined Waud Capital. The Business Development group is critical to our disciplined and process-driven investment approach. The group works with our investment teams to develop a systematic process to finding attractive lower middle-market opportunities within healthcare services and business and technology services,” said Reeve Waud, Managing Partner of Waud Capital.
Before joining Waud Capital, Mr. Prendergast was a Vice President at Great Point Partners from July 2014 to January 2017. At Great Point he focused on the healthcare sector, and more specifically, outsourced provider services, payor services, dental, healthcare information technology, and distribution businesses. In 2009 he began his career as an associate at Summit Partners, where he focused primarily on the technology sector, with an emphasis on software, internet, and communications technology companies. Mr. Prendergast has a BS in Applied Economics and Management from Cornell and has an MBA from Harvard.
“Dave’s industry insights and network are very relevant to our target niches in healthcare. We look forward to his contributions as we seek to make new platform investments and accretive follow-on acquisitions,” said David Neighbours, a Partner at Waud Capital.
Waud Capital makes investments from $50 million to $100 million in middle-market companies with enterprise values from $50 million to $250 million that operate in the healthcare services and business and technology services sectors. Since its founding in 1993, Waud Capital has made more than 195 investments, including platform companies and add-on acquisitions. The firm is headquartered in Chicago (www.waudcapital.com).
© 2017 Private Equity Professional | February 17, 2017
