Industry News for ChiroTouch
San Diego, California 92123
Seasoned software executive George Ahn to lead new platform investment.
SAN DIEGO July 10, 2017 – ChiroTouch, a leading provider of electronic healthcare records and practice management software for the chiropractic industry, today announced it has formed a long-term partnership with Waud Capital Partners, a Chicago-based investment firm. The partnership will support the company’s continued expansion in the chiropractic and therapy software markets and further bolster the industry leading products and services ChiroTouch delivers to its customers.
As part of the new partnership, George Ahn has been named Chief Executive Officer of the company and will join the Board of Directors as Vice Chairman. Robert Moberg, the recent CEO of ChiroTouch, has become President and will also serve on its Board of Directors.
“We continue to maintain a deep and significant devotion to the chiropractic profession and recognize our critical responsibility as the nation’s leading chiropractic solution to select the right partner at each inflection of our company’s growth,” said Moberg. "To continue our leadership role with software and growth, we are pleased to partner with the Waud Capital team and George, who not only possess significant acumen in vertical software but share in our mission to enrich the practices of the doctors we serve. We are excited that Waud Capital is investing millions of dollars in ChiroTouch, which will further enhance our product suite and ensure we continue to deliver best-in-class functionality and service to our clients.”
Ahn brings more than 25 years of executive experience from his roles within industry-leading software companies including IBM, PeopleSoft, Siebel Systems, TIBCO and Tririga. “ChiroTouch has become the most trusted solution within its specialty focus area and has built an incredibly rich product that supports deep customer relationships,” said Ahn. “I look forward to working with Robert and the impressive team at ChiroTouch as we make significant investments in the platform that will broaden our offerings and deliver even greater value for customers."
Founded in 1999, the company developed the ChiroTouch total practice management system that offers a deep suite of vertical-specific software applications used by more than 11,000 chiropractor clinics to help them operate their practices efficiently and with greater patient satisfaction. Since 2014, the company has completed several transactions to increase its market share, including mergers with Future Health Software Inc. and Eon Software Solutions. ChiroTouch is based in San Diego, Calif., with offices in San Jose, Calif.
About Waud Capital Partners
Based in Chicago, Waud Capital Partners is a leading growth-oriented private equity firm with $1.8 billion in assets under management. Waud Capital partners with exceptional management teams to build market leading companies within two industries: healthcare services and business and technology services. Since its founding, Waud Capital has successfully completed more than 210 investments, including platform companies and follow-on opportunities. For additional information on Waud Capital, visit www.waudcapital.com.
ChiroTouch is the premier provider of chiropractic software technology solutions, including ChiroTouch Complete Practice Software and SmartCloud Chiropractic EHR Software. With industry-leading support, training and compliance expertise, ChiroTouch partners with practices of every type to help them easily automate operations, improve patient care and increase profitability. To learn more about the company, please visit www.chirotouch.com.
George Ahn, CEO
Nick Rust, Prosek Partners
(212) 279-3115 ext. 252