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Wasson Enterprise
Greg Wasson and his wife Kim founded Wasson Enterprise in 2016 alongside their daughter Lindsay Wasson Lingle and son-in-law Mike Lingle.
Wasson Enterprise
Greg Wasson and his wife Kim founded Wasson Enterprise in 2016 alongside their daughter Lindsay Wasson Lingle and son-in-law Mike Lingle. The family converted the wealth Greg accumulated during his long Walgreens Boots Alliance career, which culminated in the CEO role, into an investment platform that targets growth-stage companies. While the headquarters sits at 233 North Michigan Avenue in Chicago, the office operates with a virtual-first workplace model adopted during the pandemic, deploying capital across North America and Asia. Wasson Enterprise anchors its deployment in health-tech, consumer-tech and sustainability. The firm led a consortium to acquire majority ownership of iA, a pharmacy-automation company, and co-founded the digital retail platform CoolerX. It served as the earliest capital and operating partner to Innventure, the commercialization engine behind advanced-materials firm PureCycle Technologies and sustainable-packaging company AeroFlexx. The portfolio also includes a 40% stake in Healthcare Horizons, fund commitments to managers such as 7 Wire Ventures, Intudo Ventures, M13 and Soma Capital, and a SPAC named Foresight Acquisition Corporation that took P3 Health Partners public. Team scale is not publicly disclosed, though the firm operates subsidiaries that augment its capital. WE People Solutions, an internal professional-employer organization, provides HR infrastructure to partner companies — a structural feature that differentiates it from most family offices. In 2025, the firm deepened its commitment to the Healthcare Horizons partnership by acquiring a 40% equity position focused on near-term cash flow. Philanthropic activity runs through the Greg and Kim Wasson Family Fund, and Greg Wasson holds memberships in the Economic Club of Chicago, the Commercial Club of Chicago and The Business Council. Wasson Enterprise functions less like traditional allocators and more like a permanent-holding company that embeds strategic operations into each bet. The combination of an internal PEO, a family-led consortium approach to control deals and a willingness to sponsor SPACs creates a deal-doing infrastructure atypical for a single-family office. Succession is underway, with Greg and his daughter Lindsay sharing the co-president title.
General information
Firm type
Single Family Office
Year founded
2016
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Chicago
Corporate office
233 N Michigan Ave, Suite 1410, Chicago, IL 60610, United States
Principals
Greg Wasson
Founder
Kim Wasson
Co-Founder and Executive Vice President
Lindsay Wasson Lingle
Co-President
Mike Lingle
Co-Founder
Sector focus
Frequently asked questions
Who runs investment decisions at Wasson Enterprise?
Greg Wasson, founder and co-president, and his daughter Lindsay Wasson Lingle, co-president, lead the firm. Greg’s executive experience at Walgreens Boots Alliance shapes the office’s thesis around healthcare, consumer and operational value creation. The family makes decisions collectively, with Lindsay taking a more prominent role in recent years.
How does Wasson Enterprise source proprietary deal flow?
The firm sources through Greg Wasson’s deep healthcare and retail network, particularly from his Walgreens era and Chicago business-community ties that include the Economic Club and Commercial Club. It also originates deals through its operating partnership with Innventure, which commercializes multi-national technologies, and its relationships with venture firms like 7 Wire Ventures and M13.
Does Wasson Enterprise operate more like a family office or a venture firm?
It operates as a single-family office with an operational bent unusual for the structure. Unlike a venture firm, it runs an internal Professional Employer Organization called WE People Solutions to provide HR infrastructure to its portfolio companies, and it has launched a SPAC and led consortium buyouts. Its posture is closer to a hybrid holding company than a fund manager.
Does Wasson Enterprise participate in fund commitments or only direct deals?
Wasson Enterprise does both. Direct positions include iA, PureCycle Technologies, CoolerX and Healthcare Horizons. It also commits to external funds, with disclosed managers including 7 Wire Ventures, Intudo Ventures, Soma Capital, M13, and Overwater Ventures, among others listed in its portfolio.
What investment stages does Wasson Enterprise typically target?
The firm targets growth-stage and venture-stage companies, with a bias toward businesses that can leverage the family’s operational expertise in retail, pharmacy and scaled services. It will also take majority or significant minority positions in later-stage companies where it can drive consolidation, as it did with the pharmacy-automation firm iA.
Where does the underlying wealth come from?
The capital was generated by Greg Wasson’s career at Walgreens Boots Alliance, where he rose from a pharmacy intern to president and CEO over a 34-year span. His shareholdings and compensation from leading the corporation form the core of the family's investment assets.
Does Wasson Enterprise maintain philanthropic structures, and how are they separated?
Yes, the family operates the Greg and Kim Wasson Family Fund and a community-engagement initiative called WE Do Good. While the foundation is a separate entity, the team’s virtual-first culture and volunteer programs are coordinated from the family office, blurring the boundary between investment operations and philanthropy.
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