Senior Helpers represents Waud Capital Partners’ seventh investment in the home care and post-acute space, positioning the firm among the most active private equity investors in this sector. Fortune’s recognition of Senior Helpers as a top-five workplace validates the operational expertise developed across multiple platform investments, demonstrating how Reeve Waud’s team has refined its approach through repeated sector engagement (https://www.prnewswire.com/news-releases/waud-capital-partners-announces-the-acquisition-of-senior-helpers-302095268.html).
The portfolio spans complementary service lines: skilled home health (Concierge Home Care), home infusion and respiratory services (PromptCare), physical therapy (Ivy Rehab), and now non-medical home care through Senior Helpers and MedTec Healthcare via the Altocare platform. This diversification across the care continuum creates synergies while reducing concentration risk.
Portfolio Architecture
Waud Capital’s home care investments follow a deliberate sequencing approach. Earlier investments in CarePoint Partners (home infusion), Regency Hospital Company (long-term acute care hospitals), and DS Medical (home medical supplies) provided foundational understanding of post-acute dynamics. These experiences informed subsequent platform development, with each investment building on lessons from previous holdings.
Chris Graber, Partner at Waud Capital leading the healthcare team, described the approach: “Our partnership with Senior Helpers is another key example of the Waud Capital strategy of matching experienced executive talent with industry-leading companies in sectors where we have deep conviction” (https://www.waudcapital.com/en/media/waud-capital-partners-announces-the-acquisition-of-senior-helpers/).
This deep conviction stems from demographic trends and market dynamics favoring home-based care. Healthcare systems increasingly recognize that treating patients at home reduces costs while improving outcomes for many conditions. Reeve Waud identified these trends early, positioning Waud Capital Partners to capitalize on the shift from institutional to home-based care delivery.
Cross-Portfolio Learning and Best Practices
Operating multiple platforms in related sectors enables knowledge transfer across portfolio companies. Quality assurance protocols developed at PromptCare can inform Senior Helpers’ operations, while Ivy Rehab’s experience with Medicare documentation requirements benefits other portfolio companies addressing regulatory complexity.
This cross-pollination extends to executive talent. Steve Jakubcanin, appointed as Senior Helpers’ executive chairman and later as Altocare’s leader, brings experience that benefits the entire portfolio. His 20-year track record in home care and post-acute services provides perspective valuable across Waud Capital’s healthcare investments.
Complementary Service Lines Create Value
The seven investments target different aspects of post-acute care, creating opportunities for coordination without direct competition. A patient might receive physical therapy from Ivy Rehab, home infusion services from PromptCare, and personal care assistance from Senior Helpers—each serving distinct needs within the care journey.
These complementary relationships become increasingly important as healthcare shifts toward value-based payment models rewarding coordination. Reeve Waud’s experience building Acadia Healthcare from founding in 2005 to public company demonstrates understanding of how integrated service networks create competitive advantages (https://en.wikipedia.org/wiki/Acadia_Healthcare).
Scaling Through Shared Infrastructure
Multiple investments in related sectors justify infrastructure investments that benefit all portfolio companies. Waud Capital Partners can develop centers of excellence in areas like revenue cycle management, compliance, and technology that serve multiple platforms, achieving economies of scale impossible for standalone investments.
The April 2025 formation of Altocare exemplifies this approach. By combining Senior Helpers with MedTec Healthcare under a holding company structure, Waud Capital creates shared services capabilities while maintaining distinct brand identities. This approach, refined through previous investments, balances operational efficiency with market positioning needs (https://www.prnewswire.com/news-releases/altocare-a-newly-formed-home-care-holding-company-of-waud-capital-partners-acquires-medtec-healthcare-302432784.html).
Market Position and Competitive Advantages
Seven sector investments establish Waud Capital as a preferred partner for healthcare executives and potential sellers. The firm’s track record attracts high-quality opportunities, as demonstrated by Advocate Health selecting it to acquire Senior Helpers after a comprehensive sale process spanning most of 2023.
This reputation extends to executive recruitment. Bill Mixon’s July 2025 partnership to pursue medical supply chain investments reflects confidence in Reeve Waud’s platform-building capabilities. Experienced executives choose Waud Capital because its sector focus and operational resources increase success probability (https://www.prnewswire.com/news-releases/waud-capital-partners-forms-new-partnership-with-experienced-healthcare-executive-bill-mixon-302508155.html).
Financial and Operational Flexibility
Maintaining multiple platforms provides flexibility as market conditions evolve. While some private equity firms concentrate holdings in single platforms, Waud Capital’s diversified approach reduces risk while preserving upside potential. Different platforms may excel under varying reimbursement environments or regulatory frameworks.
Kyle Lattner, Partner at Waud Capital, articulated the investment thesis: “We strongly believe in the value of services that enable seniors to thrive independently and affordably in the comfort of their own homes” (https://www.waudcapital.com/en/media/waud-capital-partners-announces-the-acquisition-of-senior-helpers/). This belief, validated through multiple successful investments, guides continued sector engagement.
Performance Validation Through Recognition
Senior Helpers’ Fortune workplace recognition provides external validation of Waud Capital’s multi-platform approach. The ability to maintain employee satisfaction while executing complex ownership transitions and platform integration demonstrates operational sophistication developed through repeated sector investments.
Looking forward, Reeve Waud’s seven-investment track record positions Waud Capital Partners to continue building value in home care and post-acute services. The combination of sector expertise, executive relationships, and operational infrastructure creates competitive advantages that benefit portfolio companies, their employees, and the patients they serve.
