Sale to Waud Capital Partners LLC

Healthcare
Technology & Services
Sale to Waud Capital Partners LLC

Summary

Baird served as the exclusive financial advisor to ChiroTouch on this transaction

About

Integrated Practice Solutions, Inc. (“ChiroTouch” or the “Company”), a portfolio company of K1 Investment Management, LLC (“K1”), was recently acquired by Waud Capital Partners LLC (“Waud Capital”). Terms of the transaction were not disclosed.

ChiroTouch provides software and technology solutions specifically designed for the chiropractic sector, offering an integrated practice management solution enabling mission-critical applications including electronic health records, patient management, scheduling, billing, revenue cycle management and clinical care delivery. The Company’s solutions have been adopted by more than 11,000 clinics in the U.S., making ChiroTouch the clear market leader in the chiropractic space. ChiroTouch is headquartered in San Diego, California.

K1 is an investment firm focusing on high-growth enterprise software companies globally. K1 seeks to help dynamic businesses achieve successful outcomes by identifying and executing organic and acquisition-based growth opportunities that position its companies as industry leaders. K1 typically invests alongside strong management teams that continue to guide their organizations on a day-to-day basis. K1's investments vary in the level of ownership in order to meet the needs of entrepreneurs and managers. K1 is headquartered in Los Angeles, California.

Waud Capital Partners LLC is a leading growth-oriented private equity firm with $1.8 billion in assets under management. Waud Capital partners with exceptional management teams to build market leading companies within two industries: healthcare services and business and technology services. Since its founding, Waud Capital has successfully completed more than 210 investments, including platform companies and follow-on opportunities. Waud Capital is headquartered in Chicago, Illinois.
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Healthcare
Technology & Services
Sale to Waud Capital Partners LLC
Date
June 2017
Company
ChiroTouch
Transaction
M&A
Sectors
Healthcare
Technology & Services
Target Geography
North America
Acquiror Geography
North America

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