Behavioral Health and Home Care Leadership Strengthened at Waud Capital

Waud Capital Patners signals a deepening commitment to behavioral health and home care services through its latest round of partner promotions. The Chicago-based private equity firm continues to build specialized expertise in healthcare delivery models.
Kyle Lattner’s promotion to partner showcases the investment firm’s expanding influence in behavioral health and home care sectors. During his decade-long tenure since joining in 2013, Lattner has played an instrumental role in shaping the healthcare services strategy, building on successful models like their established platforms.
The expertise Lattner brings extends beyond these core sectors. His oversight of APDerm and long-term involvement with Ivy Rehab has helped establish the strategic approach to multi-site healthcare operations. This combination of specialized sector knowledge and operational expertise aligns with the firm’s strategy of building market-leading companies.
The healthcare team’s capabilities receive additional reinforcement through Mike Lehman’s promotion to principal. Since joining in 2021, Lehman has supported key healthcare investments, including his work with Ivy Rehab and Unifeye Vision Partners. His advancement reflects the company’s investment philosophy of developing specialized expertise across its healthcare platform.
Leadership and growth have guided the firm’s evolution to its current position as a significant player in middle-market healthcare investment. The enhanced leadership team positions the firm to capitalize on growing opportunities in behavioral health and home care services.
The firm’s investment approach, typically deploying $75 million to $200 million in growth-oriented companies, has supported the completion of more than 480 investments since its founding. This track record demonstrates the ability to identify and develop successful healthcare services platforms.
As healthcare delivery continues to evolve, with increasing emphasis on behavioral health and home-based care, the strengthened expertise in these sectors provides a strong foundation for future growth. The focus on building market-leading companies through specialized sector knowledge remains central to its investment strategy moving into 2025.