WCAS employs a specialist approach to generate operational
improvements in our portfolio companies. Each of our Resources
Group Functional Specialists has an area of expertise such as human
resources, revenue/pricing, procurement, audit and capital markets.
They work with our portfolio company management teams and
Investment Professionals to implement specific operating
initiatives and best practices across our portfolio. Our Resources
Group Generalist Professionals each cover approximately two or
three portfolio companies and leverage the expertise of Functional
Specialists. The overall goal is to provide Fortune 500 corporate
services and expertise to middle market companies. In addition, our
Senior Industry Executives and affiliated Former CEOs possess deep
industry expertise and relationships, enabling them to assist with
deal sourcing and due diligence as well as strategic planning
within our portfolio companies.
Throughout the year, WCAS hosts approximately 15 conferences,
webinars and workshops for specific portfolio company executives.
These events enable attendees to learn from industry experts,
enhance their networks and exchange best practices with other
WCAS believes its operational focus serves as the catalyst for
superior value creation. To date, WCAS Resources Group initiatives
have generated over $230 million in annualized run-rate EBITDA
improvements for prior and current WCAS portfolio companies. The
run-rate EBITDA improvements have been generated across the major
areas of our Resources Group's toolkit, namely procurement, pricing
and human capital.
The coordinated efforts of the Firm's Investment Professionals,
portfolio company management teams and Resources Group have yielded
strong operating results within the WCAS portfolio. WCAS X, WCAS XI
and WCAS XII portfolio companies are projected to generate 2015
aggregate revenue and EBITDA of $17 billion and $2 billion,
respectively, representing annual organic growth rates of 12% and
18%. WCAS believes that the portfolio's strong operating
performance will drive its future investment performance.