When Reeve B. Waud established Waud Capital Partners in 1993, the firm consisted of a single person with a clear vision and a modest $5,000 budget. Three decades later, that small operation has flourished into a private equity powerhouse managing approximately $4.6 billion in assets, employing nearly 70 professionals who share his dedication to building exceptional companies.
The firm’s latest acquisition of Mopec Group, announced in January 2025, exemplifies how far Waud Capital has come under Reeve Waud’s strategic guidance. This transaction adds a leading manufacturer of pathology and laboratory equipment to the firm’s growing healthcare portfolio, demonstrating the company’s commitment to healthcare innovation.
The growth trajectory of Waud Capital reflects Reeve Waud’s methodical approach to building a sustainable organization. Starting with hands-on involvement in every aspect of the business, he gradually assembled a team of experienced professionals who share his vision for creating value through strategic partnerships and operational improvements.
Brad Staley, who joins Mopec as Executive Chairman, brings more than 25 years of healthcare and technology expertise to the role. His appointment aligns with Waud Capital’s philosophy of pairing strong executive talent with promising companies. This strategy has proven successful across the firm’s portfolio, leading to more than 480 investments since its founding.
The evolution of Waud Capital under Reeve Waud’s leadership hasn’t just been about growing numbers – it’s been about building a sustainable model for success. The firm’s ecosystem approach, which integrates research, operational expertise, and proactive talent recruitment, has become a benchmark for excellence in private equity.
The Mopec acquisition showcases how Waud Capital’s growth enables it to tackle increasingly sophisticated opportunities. The transaction involves a company that has been operating since 1992, with an established reputation in the pathology and laboratory equipment sector. This kind of deal would have been beyond the firm’s reach in its early days, but now fits perfectly within its investment strategy.
Looking ahead, the firm’s expansion continues to create new possibilities. With its larger team and deeper resources, Waud Capital can pursue multiple opportunities simultaneously while maintaining the thorough evaluation process that has been crucial to its success. The growth in personnel has also brought diverse perspectives and expertise, enriching the firm’s ability to identify and capitalize on promising investments.
From its humble beginnings to its current position as a major player in private equity, Waud Capital Partners demonstrates how methodical growth and consistent vision can build something extraordinary. As the firm continues to evolve under Reeve Waud’s guidance, each new investment like Mopec Group adds another chapter to this remarkable growth story.
