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WC

Welsh, Carson, Anderson & Stowe

Private EquityActive

Welsh, Carson, Anderson & Stowe is a private equity investment firm investing in information, business and healthcare services companies.

New York, United StatesFounded 2011wcas.com/
20
Investments
10
Exits
$30B
AUM
50.0%
Exit Rate

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Investment Thesis & Strategy

Welsh, Carson, Anderson & Stowe is a private equity firm that invests in information, business, and healthcare services companies, deploying capital across various stages. They seek to partner with management teams to build leading businesses in their respective sectors.

Investment Activity

Deals per year over the last 17 years

1
2005
1
2006
0
2007
0
2008
0
2009
0
2010
1
2011
2
2012
0
2013
1
2014
2
2015
2
2016
0
2017
0
2018
0
2019
0
2020
1
2021

Portfolio Companies

Selected investments from their portfolio of 20 companies

U
United Surgical Partners International
Healthcare · Growth, 0
Active
T
The Planet Group
Enterprise · Growth, 2021
Active
C
Change Healthcare
Healthcare · Growth, 2016
Active
C
Ciox Health
Healthcare · Growth, 2016
Active
O
OneMain Financial
Fintech · Growth, 2015
Active
T
Teladoc Health
Healthcare · Growth, 2015
Active
S
SmileDirectClub
Healthcare · Growth, 2014
Active
A
Availity
Healthcare · Growth, 2012
Active
S
Service King
Consumer · Growth, 2012
Active
S
Sound Physicians
Healthcare · Growth, 2011
Active
Q
QTS Realty Trust
Real Estate · Growth, 2006
Active
L
LifePoint Health
Healthcare · Growth, 2005
Active

Notable Exits

CompanyTypeYearValue / Acquirer
Sound PhysiciansAcquisition2023
The Planet GroupAcquisition2023
Argus Health SystemsAcquisition2021
Curo Health ServicesAcquisition2021
MedRiskAcquisition2019
OneSource VirtualAcquisition2018
QTS Realty TrustIPO2013
Preferred Care PartnersAcquisition2012
United Surgical Partners InternationalIPO2011
Sirius XM RadioIPO2010

Frequently Asked Questions

Welsh, Carson, Anderson & Stowe focuses on Series B, Series C+ stage investments.

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