Wavertree Stables

What Wavertree Stables does

Wavertree Stables is a private thoroughbred horse training and sales operation founded in 1995 and headquartered at 14850 W Highway 40 in Ocala, Florida — the center of the North American two-year-old in training industry. The company acquires young thoroughbreds, conditions and trains them under trainer Patrick Biancone, and prepares them for sale at premier auction venues. Its core offering is professional two-year-old training and sales preparation, with the value proposition that Wavertree-prepared horses are race-ready, pedigreed, and competitively conditioned to maximize both auction price and post-sale racing success.

The business operates on a transactional revenue model. Wavertree generates revenue primarily through one-time horse sales at auction, with individual sale prices ranging from $15,000 to $1,250,000 depending on pedigree, conformation, and under-tack performance. Distribution relies on consignment relationships with North America's two largest two-year-old auction channels — OBS (Ocala Breeders' Sales) across multiple sale events (April, March, June, Spring) and Fasig-Tipton (Midlantic, Saratoga, Kentucky) — supplemented by direct relationships with prominent owner groups and racing partnerships.

Wavertree serves enterprise customers in the thoroughbred racing industry, including individual owners, racing partnerships, and ownership syndicates such as Bregman Family Racing, My Racehorse, Winning Move Stable, R.A. Hill Stable, and the Dunne family. Its brand rests on a documented catalog of over 100 graduates with stakes-level success, including Eclipse Award winners and Grade 1 performers (SEIZE THE GREY, BELLAFINA, DEVIL MAY CARE, HOT ROD CHARLIE, ROY H, STORMY LIBERAL) competing at tracks across the US, Canada, and the UK. The company is privately held with no identified parent, no institutional investors, and no disclosed financial information.

Name

Wavertree Stables

Legal name

Wavertree Stables Inc.

Website

https://wavertreestables.com

Company type

Private

Founded year

1995

Operating status

Operating

Headcount range

11–50 employees

Short description

Wavertree Stables is a private Ocala, Florida-based thoroughbred horse training and sales operation that prepares two-year-olds for auction and racing careers. Founded in 1995, the company sells horses through OBS and Fasig-Tipton auctions to enterprise racing partnerships and ownership syndicates.

Ownership category

akta.pro rank

Product category

Thoroughbred Horse Training and Sales

NAICS

Horses and Other Equine Production (112920)

SIC

Services-Racing, Including Track Operation (7948)

akta.pro primary industry

Racehorse Training & Conditioning Operations (AFAEAGAE)

akta.pro secondary industries

Training, Stables & Equine Services (MPAEADAI), Yearling/Weanling Raising & Sales Prep (AFAEAGAD), Breeding & Bloodstock (Stud Farms, Sales/Auctions) (MPAEADAH)

Keywords

• Thoroughbred horse training
• Two-year-old prep sales
• Horse auction consignment
• Equine training services
• Racehorse sales preparation

Headquarters

HQ city

Ocala

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure

Revenue model

1. Horse Sales: Wavertree Stables generates revenue primarily through the sale of trained two-year-old thoroughbred horses at major auction houses. Horses are prepared, trained, and sold at events including OBS April and March Sales, Fasig-Tipton Midlantic May Sale, and other industry auctions. Sale prices vary widely based on pedigree, conformation, and performance achievements, with graduates commanding prices from $225,000 to $1,250,000 at various sales.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Wavertree Stables acquires, trains, and prepares two-year-old thoroughbred horses for sale at major North American auction houses and for subsequent racing careers. The operation runs a specialized two-year-old in training program that develops sale-ready athletes with proven pedigrees, conditioning them for competitive success at premier racing venues. Graduates are sold at auctions including OBS (Ocala Breeders' Sales) and Fasig-Tipton Midlantic, with prices ranging from $15,000 to $1,250,000 based on pedigree and performance.

Product overview

Wavertree Stables is a thoroughbred horse racing and training operation specializing in two-year-old horses in training, sales preparation, and sales. The company prepares young horses for racing careers and sells them through major auction houses including OBS (Ocala Breeders' Sales), Fasig-Tipton Midlantic, and other regional sales. Their core offering consists of horse training services, sales preparation, and facilitating the sale of graduates to racing operations. The company maintains relationships with trainers and racing stables nationwide, with horses competing at tracks including Gulfstream Park, Saratoga, Oaklawn Park, Del Mar, Belmont, Santa Anita, and Pimlico.

Differentiator

Problem solved

Functional benefit

Products and services

• Two-Year-Old in Training Program Specialized training and conditioning program for two-year-old thoroughbred horses, preparing them to be sale-ready and race-ready. Horses are developed using a methodology that has produced Grade 1 winners competing at venues including Saratoga, Del Mar, Gulfstream Park, Churchill Downs, and Royal Ascot.
• Thoroughbred Consignment Sales at Auction Sale of trained two-year-old thoroughbreds through consignment at major auction venues including OBS (Ocala Breeders' Sales — April, March, June, Spring sales) and Fasig-Tipton Midlantic (May Two-Year-Olds in Training Sale). Horses are listed with hip numbers, pedigrees, and sale information. Individual sale prices range from $15,000 to $1,250,000 based on pedigree and performance.
• Sales Preparation Services Pre-sale preparation of thoroughbreds including under tack show conditioning, pedigree presentation, and sale catalog marketing to maximize buyer interest and sale prices at major auction houses.

Named customers9 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered core and minor.

• Bregman Family RacingcoreGTM or Marketing Partner · 28 December 2025Prominent owner group with multiple Wavertree graduates including GOVERNOR SAM ($275,000 purchase, multiple G2/G3 winner), TOTALLY JUSTIFIED ($285,000 purchase, G2-placed), and others. Represents repeat customer relationship.
• My RacehorsecoreGTM or Marketing Partner · 28 December 2025Ownership syndicate that raced SEIZE THE GREY, a Preakness winner and Grade 1 Pennsylvania Derby victor with $2.4 million+ in earnings. My Racehorse represents a modern ownership model reaching a broad investor base.
• Amy & Caitlin Dunne (Dunne Family)coreGTM or Marketing Partner · 10 May 2025Long-term ownership partnership with Wavertree graduate Lennilu and other horses. The Dunnes have campaigned multiple Wavertree horses including Lennilu (multiple stakes winner, Royal Ascot competitor, $294,000+ earnings). Amy Dunne also campaigned sire Leinster.
• Pleasant Acres Stallions / Joe & Helen BarbazonminorStrategic or Co-development Partner · 10 May 2025Florida-based breeding operation where Wavertree graduate Lennilu was bred. Leinster, the sire, stands at Pleasant Acres. The Barbazons are repeat customers breeding and selling through Wavertree.
• Winning Move Stable / John C. Oxley / Lady Sheila Stable / Silverwood StablecoreGTM or Marketing Partner · 22 September 2024Partnership ownership group for WITH THE ANGELS (multiple stakes winner, $501,200 earnings, 7 wins from 9 starts). The filly was purchased by Justin Casse/agent from OBS April Sale.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• WinStar Farm: Major Kentucky thoroughbred breeding, racing, and sales operation with extensive stallion roster and racing stable. Operates in the same thoroughbred commercial value chain as Wavertree but at vastly larger scale and scope.
• Lane's End Farm: Premier Kentucky thoroughbred breeding and sales operation with stallion roster and auction participation. Comparable thoroughbred industry player operating at significantly larger scale and broader scope than Wavertree's 2YO training focus.
• Taylor Made Sales Agency: Major Kentucky-based sales agency and thoroughbred operation with broader yearling, breeding, and racing services. Comparable in consignment channel and auction venue participation but at much larger scale and broader scope than Wavertree.
• Coolmore Stud: Global thoroughbred breeding and racing operation with stallion rosters across multiple continents. While focused more on breeding than 2YO sales prep, competes for similar end-buyers and operates in the same commercial thoroughbred pipeline as Wavertree.

Direct peers

• Eddie Woods Stables: Long-established Ocala 2YO sales preparation and consignment operation. Competes head-to-head with Wavertree for buyers at the same OBS and Fasig-Tipton auctions and serves the same thoroughbred racehorse owner segment.
• Niall Brennan Stables: Ocala-based two-year-old in training and sales preparation operation that consigns to OBS and Fasig-Tipton auctions. Directly competes with Wavertree for top consignor status and elite 2YO buyers in the same Florida training region.
• Kirkwood Stables: Ocala-based 2YO sales preparation and racing stable that consigns at major auctions. Directly competes with Wavertree in producing sale-ready two-year-olds and capturing premium pricing at OBS sales.
• Top Line Sales: Texas-based 2YO in training and sales consignment operation. Comparable business model focused on preparing and consigning two-year-olds to major North American auctions like OBS, Fasig-Tipton, and Keeneland.
• Hartley/De Renzy Thoroughbreds: Ocala-based 2YO sales preparation operation that competes for buyers at the same Florida auction venues. Comparable scale and target buyer segment to Wavertree Stables.

Regional players

• Bridlewood Farm: Florida-based thoroughbred operation offering sales preparation, breeding, and racing services. Comparable in regional Florida market positioning and partial overlap in 2YO sales preparation activities at Ocala-area auctions.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/wavertree-stables-inc

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Wavertree Stables