ABOUT US
Since inception in 1987, Wand Partners has been principally involved in middle-market buy-outs and has focused primarily on specialty financial services, particularly insurance. Wand is a value-oriented investor, applying the perspective of both an investor and an operating manager.
Our practice is grounded in experience though all stages of the business cycle. We strive to buy well, in collaboration with trusted co-investors, assist in building strong businesses and produce substantial gains at conservative exit values.
FINANCIAL SERVICES PRACTICE
Wand is a niche investor in insurance and other specialty financial services. We apply the perspective of decades of experience as operators and investors in public and private companies in the financial services sector.
Wand has been successful both as a fund manager and as the sponsor of “club” transactions with other private equity investors. Over the years, we have built 21 platform businesses in specialty financial services, 16 of which have been insurance enterprises. 18 of these 21 investments are now fully liquidated, producing an aggregate IRR net to investors in excess of 20%.
Our investment and operating experience includes:
Property/Casualty Insurance and Reinsurance
Life Insurance
Insurance Brokerage and Underwriting Management
Commercial Banking, Commercial Finance and Specialty Finance
Investment Banking
Investment Management
Real Estate Finance and Property Management
Technology Services and Marketing Services
INVESTMENT STRATEGY
We are dedicated to: Attracting, retaining, providing incentives to and supporting strong managers/owners; and fostering entrepreneurial cultures.
In evaluating prospective investments, Wand looks for a controlling interest in businesses with attractive fundamentals, including:
Skilled owners/managers;
Earnings and positive cash flow or under managed companies with undervalued assets
Potential for significant real growth, particularly from implementing best practices and proven technologies;
Defensible market niches;
Low vulnerability to obsolescence, labor problems, environmental impairment and social concerns.