Cardinal Health Executive Joins Water Street Healthcar... (o lead our next medical products investm...)

Cardinal Health Executive Joins Water Street Healthcare Partners

Date:4/8/2009

o lead our next medical products investment, Hank stood out for his ability to strategically position businesses for growth. He excels at building high-quality, high-performing medical products businesses," said Chris Sweeney, a principal with Water Street. "Hank's expertise enhances the depth and breadth of our experienced team of health care executives, and will enable us to hit the ground running as we pursue our next investment in medical products."

Mr. Struik is the latest addition to Water Street's team of health care executives, which includes:

Dominick Arena, former CEO, Medex, Inc.
Jim Connelly, former president and COO, Caremark International
Steve Cosler, former president and CEO, Priority Healthcare Corporation
Al Heller, former CEO of American Pharmaceutical Partners and president of Baxter Corporation's Renal Division
Curt Selquist, former group chairman, Johnson & Johnson
Steve Shulman, former CEO, Magellan Health Services, Inc.
Kevin Swan, former group president, McKesson's Medical Distribution divisions and CEO of Griffith Micro Science/Sterigenics

"Water Street has an exceptional team of leaders with unmatched experience in every major segment of the health care industry," said Mr. Struik. "Their unique approach to partnering with businesses to transform them into market-leadership companies has enabled their firm to achieve a strong track record of results. I am excited to join Water Street's talented team of executives to identify and build the next leader in medical products."

In addition to investing in medical products businesses, Water Street invests in companies that specialize in diagnostic devices, pharmaceutical services, specialty distribution, specialty pharmaceuticals and specialty services. Its transactions typical
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