#United States #Chicago #healthcare supply chain #Waud Capital #Bill Mixon

Waud Capital Partners and Bill Mixon Join Forces

Waud Capital Partners, an influential private equity firm known for its targeted growth strategies, recently announced a significant partnership with experienced healthcare executive Bill Mixon. This collaboration seeks to tap into the dynamic landscape of medical device and supply chain services, with plans to invest over $100 million in acquiring and building a leading healthcare solutions company.

Focus Areas of the Partnership

The partnership's initial scope will center on a range of critical healthcare sectors, including:

• - Home distribution services
• - Specialty distribution services
• - Outsourced provider equipment services
• - Solutions for chronic care and population health management

These sub-sectors represent critical touchpoints within the healthcare supply chain, where Waud Capital and Mr. Mixon aim to enhance operational efficiency and patient outcomes through innovative solutions.

Bill Mixon: A Proven Executive

Bill Mixon is no stranger to the healthcare world. With over 30 years of experience, he has held various leadership roles that demonstrate his expertise in the healthcare supply chain spectrum. Notably, he served as the Chief Executive Officer of Advanced Diabetes Supply, a successful national platform specializing in diabetes care management. During his tenure there, Mixon was instrumental in helping the organization grow significantly, eventually selling it to Cardinal Health after surpassing $1 billion in revenue.

His previous leadership position at National Seating & Mobility is another highlight of a career characterized by substantial achievements, focusing on delivering comprehensive mobility solutions to patients at home. Mixon’s past roles reinforce his ability to scale organizations through strategic growth and acquisitions while prioritizing clinical value and improving patient care.

The Vision Forward

In discussing the partnership, Mixon expressed enthusiasm about leveraging Waud Capital's resources and expertise to drive growth and innovation. He believes that the combination of their strengths could enable them to capitalize on transformative growth opportunities within the space.

"I am excited to partner with Waud Capital to identify and help build what we hope will be an industry-leading business that enhances the overall healthcare supply chain," stated Mixon. His confidence in Waud Capital's approach to executive partnerships showcases the aligned vision they share for the future of healthcare.

Mike Lehman, Principal at Waud Capital, echoed that sentiment, emphasizing the firm's dedication to value creation through partnerships with exceptional executives like Mixon. He pointed out that the healthcare supply chain market remains fragmented, presenting numerous opportunities to deliver valuable solutions.

Expanding Healthcare Investments

This venture is not Waud Capital's first foray into the healthcare sector. The firm has previously invested in several businesses that reflect its strategy, including:

• - Mopec Group (pathology equipment provider)
• - PromptCare (home infusion and durable medical equipment services)
• - Provider Network Holdings (specialty medication supply management)

Their successful history illustrates a commitment to enhancing healthcare delivery through innovative investments.

Kyle Lattner, another partner at Waud Capital, reiterated their focus on incorporating top-tier talent like Mixon into their framework to leverage industry insights and rapidly adjust to emerging trends. The potential for significant impact in the healthcare space, especially through an executive-first campaign approach, is what they seem to be banking on.

Conclusion

As Waud Capital embarks on this exciting new chapter with Bill Mixon, stakeholders in the healthcare sector will undoubtedly be watching with interest. The prospect of improved operational efficiencies and enhanced patient outcomes represents not just a lucrative investment opportunity but also a chance to make a positive difference in the healthcare system. This partnership could redefine how supply chain services operate, shaping the future of healthcare delivery.

For more information about Waud Capital Partners and their ongoing initiatives, please visit their website.