Waud Capital Partners has hired Timothy J. Cremieux as vice president. The appointment becomes effective immediately. Previously, Cremieux worked at GenNx360 Capital Partners where he served as a vice president.
Chicago, IL, March 10, 2017 –– Waud Capital Partners, a leading growth-oriented middle-market private equity firm with $2.1 billion under management, today announced the appointment of Timothy J. Cremieux as a Vice President, effective immediately. Mr. Cremieux will focus on originating, evaluating and executing investments within the firm’s healthcare services vertical.
Mr. Cremieux brings nearly seven years of private equity and investment banking experience to Waud Capital. Previously, Mr. Cremieux worked as a Vice President for GenNx360 Capital Partners, where he was responsible for deal sourcing, transaction execution and monitoring of portfolio companies. He also worked as an investment professional for GTCR, LLC, where he focused on healthcare services, medical device and pharmaceutical investments. Mr. Cremieux began his career in investment banking at Bank of America Merrill Lynch.
David Neighbours, Partner at Waud Capital, commented, “Tim’s healthcare industry experience and deep understanding of the firm’s investment approach truly make him a value-added asset to our team. We look forward to his future contributions as we execute our strategy and continue to grow the firm.”
“It is a very exciting time to join Waud Capital,” said Mr. Cremieux. “The firm’s disciplined investment philosophy, targeted industry focus and unique set of resources are differentiated in the private equity market. Its three-phase approach to value creation has proven to be very successful over time. I look forward to building upon Waud Capital’s success and being a part of its future growth.”
Mr. Cremieux graduated summa cum laude from the University of Notre Dame with a B.B.A. in Finance and holds an M.B.A. from Harvard Business School.
About Waud Capital Partners
Based in Chicago, Waud Capital Partners is a leading private equity firm founded in 1993 that partners with exceptional management teams to acquire or create platforms in the U.S. lower middle market through control-oriented growth equity investments, industry consolidation, buyouts or recapitalizations. The firm seeks to invest $50 million to $150 million (including follow-on investments) of total equity in each platform company and employs a disciplined three-phase investment strategy with staged investments designed to generate superior risk-adjusted returns. Waud Capital targets services businesses in large, growing, fragmented markets within two industries: healthcare services and business and technology services. Typically, the initial platform companies in which Waud Capital invests have enterprise values between $50 million and $250 million. The firm has approximately $2.1 billion in assets under management. Since its founding, Waud Capital has successfully completed more than 200 investments, including platform companies and follow-on opportunities.
For additional information on Waud Capital, visit www.waudcapital.com.