Waud Capital Hires Cremieux For Healthcare Role

Mar 10 2017 | 8:53pm ET

Middle-market private equity company Waud Capital Partners has named Timothy Cremieux as a vice president, effective immediately.

Cremieux will focus on originating, evaluating and executing investments within the firm’s healthcare services vertical, the company said in a statement. 

Prior to his new role, 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.  He began his career in investment banking at Bank of America Merrill Lynch, the company said. 

“Tim’s healthcare industry experience and deep understanding of the firm’s investment approach truly make him a value-added asset to our team,” said David Neighbours, partner at Waud Capital, in the statement. “We look forward to his future contributions as we execute our strategy and continue to grow the firm.”

Founded in 1993 and based in Chicago, Waud Capital Partners acquires or creates platforms in the U.S. lower middle market through control-oriented growth equity investments, industry consolidation, buyouts or recapitalizations. The firm targets services businesses in large, growing, fragmented markets in healthcare services and business and technology services.

Currently investing from its $1.056 billion Waud Capital Partners IV fund, which closed in February 2016, the company has approximately $2.1 billion in AUM and has successfully completed more than 200 investments since inception. 

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