Waud Promotes Pair

Waud Capital Partners has promoted David Neighbours to principal and Chuck Edwards to vice president. Neighbours joined in 2003, while Edwards joined in 2005.

PRESS RELEASE

Waud Capital Partners (WCP), a private equity investment firm with more than $450 million of capital under management, has announced the following promotions: David Neighbours to the position of Principal and Chuck Edwards to the position of Vice President.

Reeve Waud, Founder and Managing Partner of Waud Capital Partners said, “Dave and Chuck have contributed significantly to our success over the last several years. They have both performed exceptionally well working with our portfolio companies and in ensuring the future growth of our firm.” 

Mr. Neighbours joined Waud Capital in 2003 and was a Vice President prior to this promotion. He currently serves on the Board of Directors of several Waud Capital portfolio companies, including Hospitalists Management Group, Regency Hospital Company, and True Partners Consulting.  Mr. Neighbours formerly served as a Director of Waud Capital portfolio companies Compex Legal Services and Parish Publications. Prior to joining WCP, Mr. Neighbours worked for Citigroup Investments in New York. He received a B.B.A., cum laude, in Finance from the University of Notre Dame.

Mr. Edwards joined Waud Capital as a Senior Associate in 2005. He serves on the Board of Directors of Aquion Water Treatment Products, LLC. Prior to joining WCP, Mr. Edwards worked in the mergers and acquisitions group at A.G. Edwards & Sons in St. Louis. He received a B.S., magna cum laude, in Finance and Business Administration from the University of Missouri and an M.B.A. from Harvard Business School.

About Waud Capital Partners, L.L.C.
Waud Capital Partners (WCP) is a private equity investment firm founded in 1993 with more than $450 million of capital under management. WCP partners with exceptional management teams to invest in middle market buyouts, recapitalizations, industry consolidations and growth equity investments. The firm seeks to invest $10 million to $50 million in private companies in the following four areas: business and consumer services, healthcare services, industrial/specialty distribution and value-added manufacturing. Typically, the companies in which WCP invests have enterprise values between $30 million and $250 million. Since its founding, Waud Capital Partners has successfully made more than seventy-five investments in a wide range of industries, including adhesives, air and water treatment, alarm monitoring, automotive components, coatings, consumer products, home healthcare services, hospitals, lighting, litigation services, medical distribution, petroleum distribution, pharmaceuticals, publishing, sealants, specialty hospitals and tax consulting. Waud Capital oversees portfolio companies with combined revenues exceeding $4 billion. The firm is backed by a number of institutions, including Cheyenne Capital Fund, Citigroup, Middlebury College, SunAmerica, The Broad Foundation, The St. Paul Travelers Companies and the University of Chicago Hospitals, among others, as well as a number of high net worth families and individuals.