For Immediate Release
Regency Hospital Company Named One of Atlanta’s Fastest Growing Private Companies
Atlanta, Georgia, April 15, 2005Atlanta Business Chronicle has named Regency Hospital Company one of the city’s fastest growing private companies. Regency joins only 50 other companies given the coveted distinction of Pacesetter for setting the pace for local business growth and sales.
Regency Hospital Company was presented with The Pacesetter Award at a breakfast ceremony April 15 at the Cobb Galleria Centre and is featured in the Chronicle’s annual Pacesetters special supplement.
Pacesetters shared the stage with event keynote speaker Jack Welch, retired Chairman and CEO of General Electric and #1 New York Times Bestselling author.
“It is an honor and a blessing to be on the Atlanta Business Chronicle’s Pacesetter list. The Regency employees have worked very hard to produce a hospital company that really makes a difference in the lives of people. The fact that our growth has been so quick and substantial has allowed us to reach more people who need this level of care. We truly are able to give people their lives back through the work of our specialized hospitals. It has been very hard work, but incredibly rewarding,” stated Rod Laughlin, President and CEO of Regency Hospital Company.
To qualify for the list, companies must have their headquarters in Atlanta (subsidiaries of other companies are not included), and they must have 2004 revenue between $1 million and $300 million. They must have a two-year growth in sales of more than 50 percent. Companies are ranked by a growth index formula, which is used to level the playing field among companies of different sizes. Factors in the formula include the percent change and absolute change in revenue and number of employees from 2002 through 2004. The results are ranked against those of all companies on the list. Employee growth was weighted 40 percent and revenue growth was weighted 60 percent.
Regency was formed by Waud Capital Partners, L.L.C. and management to develop and operate LTACs throughout the United States. Founded in 1993, Waud Capital Partners, L.L.C. is a private equity investment firm that partners with management to acquire or develop outstanding middle market businesses. WCP invests in a broad range of companies and industries with strong growth characteristics. More information about the firm can be found at .