Water Street Healthcare Partners
Private equity firm focused on building and growing middle‑market healthcare companies. Founded in 2005, Water Street provides capital and operational support to scale companies across three healthcare sectors: Healthcare Services, Medical Products & Diagnostics, and Pharmaceutical & Life Sciences. The firm emphasizes proactive origination, creative problem solving, collaborative partnerships and transformational growth through investments, strategic acquisitions and corporate partnerships.
Water Street Healthcare Partners
Chicago, Illinois, United States, North America
Services
Growth and buyout capital
Provides equity capital to acquire, recapitalize and scale middle‑market healthcare companies.
Strategic acquisitions and portfolio expansion
Facilitates and executes add‑on acquisitions to broaden capabilities, product portfolios and market coverage for portfolio companies.
Operational and commercial support
Works with management teams to design and implement operational improvements, commercialization strategies, and product development or regulatory pathways.
Executive recruitment and leadership support
Recruits senior management and industry executives to lead portfolio companies or newly created standalone entities.
Commercialization and go‑to‑market support
Supports commercialization efforts including pricing, access, reimbursement, promotion and product delivery through platform resources and industry relationships.
Regulatory and product development support
Creates and supports development companies that provide regulatory, R&D and development services for pharmaceutical and medical device products.
Growth and buyout capital
Provides equity capital to acquire, recapitalize and scale middle‑market healthcare companies.
Strategic acquisitions and portfolio expansion
Facilitates and executes add‑on acquisitions to broaden capabilities, product portfolios and market coverage for portfolio companies.
Operational and commercial support
Works with management teams to design and implement operational improvements, commercialization strategies, and product development or regulatory pathways.
Executive recruitment and leadership support
Recruits senior management and industry executives to lead portfolio companies or newly created standalone entities.
Commercialization and go‑to‑market support
Supports commercialization efforts including pricing, access, reimbursement, promotion and product delivery through platform resources and industry relationships.
Regulatory and product development support
Creates and supports development companies that provide regulatory, R&D and development services for pharmaceutical and medical device products.
Portfolio
Biospecimen and biomarker services; RUO and GMP human cellular materials, molecular pathology and genomics; HQ Huntsville, AL; CEO Greg Herrema; 650+ employees.
#Pharmaceutical and Life Sciences
Global commercial services provider for life sciences (pricing, access, reimbursement, promotion); HQ Chicago; CEO Jim Lang; 5,000+ employees.
#Pharmaceutical and Life Sciences
Orthopedic products including specialty bracing and cold therapy; HQ Carlsbad, CA; CEO Kevin Hobert; ~1,500 employees.
#Medical Products and Diagnostics
Third‑party administrator of self‑funded health plans with onsite/near‑site centers, clinical pharmacy programs and captive insurance services; HQ Billings, MT; ~400 employees.
#Healthcare Services
Business office and technology services for post‑acute care and senior living; HQ Portland, OR; Leadership Jeff Moore & Lou McCollum; ~100 employees.
#Healthcare Services
Reference‑based pricing and employer health plan solutions; CEO Jeff Bak; serves 1,000+ employers and has delivered >$1 billion in savings; 1,400+ employees.
#Healthcare Services
Biospecimen and biomarker services; RUO and GMP human cellular materials, molecular pathology and genomics; HQ Huntsville, AL; CEO Greg Herrema; 650+ employees.
#Pharmaceutical and Life Sciences
Global commercial services provider for life sciences (pricing, access, reimbursement, promotion); HQ Chicago; CEO Jim Lang; 5,000+ employees.
#Pharmaceutical and Life Sciences
Orthopedic products including specialty bracing and cold therapy; HQ Carlsbad, CA; CEO Kevin Hobert; ~1,500 employees.
#Medical Products and Diagnostics
Third‑party administrator of self‑funded health plans with onsite/near‑site centers, clinical pharmacy programs and captive insurance services; HQ Billings, MT; ~400 employees.
#Healthcare Services
Business office and technology services for post‑acute care and senior living; HQ Portland, OR; Leadership Jeff Moore & Lou McCollum; ~100 employees.
#Healthcare Services
Reference‑based pricing and employer health plan solutions; CEO Jeff Bak; serves 1,000+ employers and has delivered >$1 billion in savings; 1,400+ employees.
#Healthcare Services