Chicago, IL, July 19, 2010 - Waud Capital Partners ("WCP"), a leading middle-market private equity firm, today announced that it has entered into a partnership with Mike Jacoutot and Mary Ann McLaughlin to form Optimum Outcomes Healthcare Management, LLC ("Optimum Outcomes" or the "Company").
Mr. Jacoutot will serve as Chief Executive Officer and Ms. McLaughlin as Chief Operating Officer, and both will serve as members of the Company's board of directors.
Prior to joining Optimum Outcomes, Ms. McLaughlin was President of Supplemental Health Care's largest division, the Local Nursing and Allied group.
leadership position, Ms. McLaughlin
was responsible for 38 offices in 25 states.
developed and implemented several initiatives around both client/talent acquisition and retention that significantly improved operating performance and profitability.
Ms. McLaughlin also previously held positions at Randstad North America and Standard Register.
Previously, Mr. Warner led the healthcare private equity practice for a unit of GE Capital, leading growth equity and buyout investments in middle-market companies, including backing Mr. Jacoutot and Ms. McLaughlin at Supplemental Health Care.
"After meeting with a number of private equity firms who supported our investment thesis, we were impressed by Waud Capital's
significant healthcare experience and the firm's prior success with similar management-led acquisition initiatives," added McLaughlin
"Mike and Mary Ann are dynamic leaders who can effectively motivate their teams to drive growth and operational improvements across large organizations," said David Neighbours, Partner at WCP.