WCAS's investment strategy is to invest in growth-oriented companies within the healthcare and information/business services industries. The Firm's General Partners understand the fundamentals of growth companies and have significant experience investing in various business cycles. WCAS focuses on both organic growth and expansion acquisitions to grow its businesses.

WCAS's investment strategy is deal size agnostic. The Firm's activities include (i) conceiving and creating new market opportunities, (ii) providing capital to meet the needs of growing businesses and (iii) investing in growth oriented later-stage buyouts and special situations. For both small and large investments, WCAS focuses on producing capital gains and attractive multiples of capital, in addition to strong internal rates of return.

WCAS leverages its industry specialization, proprietary deal flow, and operational focus, as well as the continuity and experience of its General Partners, to make the Firm unique in the competitive private equity market. The Firm's investment strategy is comprised of the following key components:

• Industry Specialization in Attractive Sectors
• Consistent and Disciplined Investment Approach
• Portfolio Construction
• Proprietary Deal Flow
• Partnering with Known Management Teams
• Investments Across Various Deal Sizes and Structures
• Focus on Operational Growth
• Control Investor Strategy
• Capital Markets Expertise
• Captive Debt Financing Capability