Waud Capital Partners has acquired MedTec Healthcare to enhance its presence in the home care sector through a newly formed holding company, Altocare.

Information on the Target

MedTec Healthcare (“MedTec”) is a prominent provider of in-home care services and adult day programs, dedicated to delivering quality care solutions to individuals needing support in their daily lives. With a strong focus on enhancing the quality of life for clients, MedTec has established itself as a trusted name in the healthcare sector, emphasizing compassionate service for patients and their families.

As part of the market's growing emphasis on home-based care, MedTec is well-positioned to meet the increasing demand for personalized healthcare services. Under the leadership of CEO Shihwan Chung, the company has developed a reputation for excellence and has maintained a solid commitment to client satisfaction.

Industry Overview in the Target’s Specific Country

The home care industry in the United States has experienced substantial growth in recent years, driven by demographic shifts, including an aging population and increas