Water Street Healthcare Partners Investment Strategy
Water Street Healthcare Partners is a private equity firm that invests in healthcare companies. The firm was founded in 2004 by Jim Connelly, Tim Dugan, and Kip Kirkpatrick, who previously led health care investments for One Equity Partners.
Water Street Healthcare Partners has a long history of success, and its investment strategy is based on a number of key principles.
Focus on healthcare: Water Street Healthcare Partners focuses on investing in healthcare companies. The firm believes that the healthcare industry is a large and growing market, and that there are significant opportunities for growth and innovation.
Target markets: Water Street Healthcare Partners targets four specific segments of the healthcare industry:
- Medical and diagnostic products: The firm invests in companies that develop and commercialize innovative medical devices and diagnostic products
- Specialty distribution: The firm invests in companies that distribute healthcare products and services to hospitals, clinics, and other healthcare providers.
- Outsourced healthcare services: The firm invests in companies that provide outsourced healthcare services, such as clinical research, billing and coding, and patient care management.
- Specialty pharmaceutical products and services: The firm invests in companies that develop and commercialize specialty pharmaceuticals and provide related services.
Long-term investment horizon: Water Street Healthcare Partners has a long-term investment horizon. The firm typically invests in companies for five to seven years, and it is willing to provide patient capital to help companies achieve their growth goals.
Active ownership: Water Street Healthcare Partners is an active owner. The firm works closely with its portfolio companies to help them achieve their growth goals. Water Street Healthcare Partners provides strategic guidance, operational support, and access to its network of resources.
Value creation: Water Street Healthcare Partners is focused on creating value for its investors. The firm believes that this can be achieved by investing in companies with strong management teams, attractive growth prospects, and the potential for significant value creation.
Water Street Healthcare Partners has a proven track record of success. The firm has invested in over 100 companies, and it has generated attractive returns for its investors. Water Street Healthcare Partners’ investment strategy is based on a number of key principles, including a focus on healthcare, a long-term investment horizon, active ownership, and value creation.
Here are some of the key takeaways from Water Street Healthcare Partners’ investment strategy:
- The firm focuses on investing in healthcare companies.
- The firm has a long-term investment horizon.
- The firm is an active owner.
- The firm is focused on creating value for its investors.
Water Street Healthcare Partners’ investment strategy has been successful in generating attractive returns for its investors. The firm’s focus on healthcare, long-term investment horizon, active ownership, and value creation are all key factors that have contributed to its success.
Some of the notable investments made by Water Street Healthcare Partners include:
- CareCentrix: Water Street Healthcare Partners acquired CareCentrix in 2015 for $1.2 billion. CareCentrix is a leading provider of home health care services.
- Pathnostics: Water Street Healthcare Partners acquired Pathnostics in 2017 for $300 million. Pathnostics is a provider of molecular diagnostics services.
- Renovo Solutions: Water Street Healthcare Partners acquired Renovo Solutions in 2019 for $350 million. Renovo Solutions is a provider of clinical and research equipment management services.
Water Street Healthcare Partners is a leading private equity firm with a proven track record of success in the healthcare industry. The firm’s investment strategy is focused on investing in companies with strong management teams, attractive growth prospects, and the potential for significant value creation.thumb_upthumb_downtuneshareGoogle itmore_vertadd_circle
