Navigation Links
Water Street Healthcare Partners Expands Team With Senior Investment Professionals
Date:5/19/2009

Chicago Private Equity Firm Augments Team to Support Continued Investment Activity and Growing Group of Health Care Companies

CHICAGO, May 19 /PRNewswire/ -- Water Street Healthcare Partners, a leading private equity firm focused exclusively on the health care industry, announced today that it has expanded its team with the addition of two health care investment professionals. The firm has appointed Peter Strothman to principal and Max Mishkin to vice president. They join Water Street's team of investment specialists and former health care executives of companies including Baxter International Inc., Cardinal Health and Johnson & Johnson.

The appointments are Water Street's latest step to support its continued investment activity and growing group of health care companies. The firm recently announced that it closed its eighth acquisition in the past ten months. Since raising its first fund in 2006, Water Street has completed 16 investments and built 10 companies that are leaders in specialty health care services, medical devices and products, and specialty distribution.

"We are excited to expand our team as we continue invest in and build market-leadership companies of long-lasting value in attractive sectors of health care," said Tim Dugan, managing partner of Water Street. "Since our founding, we have steadily grown to create one of the most experienced and diverse teams of health care executives and investment professionals in private equity. Our deep health care expertise and disciplined investment approach are key factors in our strong track record of creatively partnering with companies to strategically expand their businesses and position them for long-term, sustainable growth."

Mr. Strothman and Mr. Mishkin will both focus on sourcing new investment opportunities for Water Street. Mr. Strothman joins Water Street from JLL Partners where he worked on a range of health care investments. He previously worked with The Cypress Group and holds a bachelor's degree in economics from Harvard University. Mr. Mishkin most recently worked with Waud Capital Partners where he focused on investments in the healthcare services sector. He also held positions with The Edgewater Funds, Lazard Ltd. and Bear, Stearns & Co. Mr. Mishkin received a bachelor's degree in economics from Duke University and an MBA from the Kellogg School of Management at Northwestern University.

Water Street is currently pursuing investments in six key segments of health care: diagnostic devices, medical products, pharmaceutical services, specialty distribution, specialty pharmaceuticals and specialty services. Its transactions typically range from $50 million to $500 million in value.

"Health care continues to be one of the largest and most consistently growing sectors of the global economy," said Dugan. "While not immune from the current economic downturn, it is one of the few sectors that continues to experience growth. Our team remains focused on executing our strategy of identifying the companies that offer strong foundations for growth in attractive segments of health care."

About Water Street Healthcare Partners

Water Street Healthcare Partners is a leading private equity firm focused exclusively on health care. With more than $1 billion of capital under management, Water Street is one of the most active investors in the health care industry. The firm has a strong track record of building market-leadership companies across key growth sectors in health care. It has partnered with some of the world leading health care companies on its investments, including: Johnson & Johnson, Medtronic and Smith & Nephew. Water Street's team is comprised of industry executives and private equity professionals with decades of experience investing in and operating global health care businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.wshp.com.


'/>"/>
SOURCE Water Street Healthcare Partners
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. China and the Netherlands join forces for research into water management
2. Dr. Peter J. Capizzi of Stillwater Plastic Surgery Honored in Patient Satisfaction Survey
3. ESAs Corona(R) Family of HPLC Detectors, Including the New Corona ultra(TM), Can Now be Controlled by Waters Empower(R) 2 Chromatography Software
4. Salty Chicken Doesnt Fly: New Survey Reveals Shoppers Feel Deceived By Natural Labeling of Saltwater-Injected Poultry
5. Filters Fast Challenges Universities and Colleges to Kick the Bottled Water Habit
6. May 3rd - 9th is Drinking Water Week
7. OWATER Invites Inspirational Athletes to Share Their Stories on Sports Drink Labels
8. Body-Jet(R), State of the Art Water-Jet Assisted Liposuction Technology to be Featured on Lifetime Television Network, The Balancing Act
9. Daily Dose: Safe Water News You Can Use
10. ASA May Day - Stung By Exposure of Watergate-like Public Record Deletions, American Society of Anesthesiologists Closes Access to Website Newsletter
11. Routine HIV Screening Coverage Act (Waters, D, CA) a Crucial Linchpin to Health Care Reform, says AHF
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/6/2016)... (PRWEB) , ... February 06, 2016 , ... Shark ... to announce the launch of a new DRTV campaign with Belly Bands. , Having ... tried everything from sprays to puppy pads and find nothing works, get Belly ...
(Date:2/5/2016)... ... February 05, 2016 , ... Steven Tonkinson, 36, of Coconut Grove, ... year since it started in 2003. This year, he ran all 26.2 miles with ... and NBA team the Miami Heat. , This Sunday, while many are watching the ...
(Date:2/5/2016)... , ... February 05, 2016 , ... ... availability of the company's lighter, sleeker next generation LYNX VR Indoor Trainer with ... , Improvements in design and manufacturing not only reduce the weight of the ...
(Date:2/5/2016)... , ... February 05, 2016 , ... ... setting the stage for new clinical and scientific initiatives have all marked the ... she was appointed President and CEO of the nation’s oldest cancer center, Candace ...
(Date:2/5/2016)... ... February 05, 2016 , ... ... franchisees of Popeyes Louisiana Kitchen restaurants, launched the 14th annual “Appetite for a ... and adults with muscular dystrophy, ALS and related diseases that severely limit strength ...
Breaking Medicine News(10 mins):
(Date:2/5/2016)... , Feb. 5, 2016 Dehaier Medical ... or the "Company"), which develops, markets and sells ... China and international markets, ... which aims to concentrate the Company,s resources to ... respiratory business and to focus more on its ...
(Date:2/5/2016)... 2016  Henry Schein, Inc. (NASDAQ: HSIC ), the ... to office-based dental, animal health and medical practitioners, announced ... acquire a majority ownership interest in Dental Cremer S.A., ... Brazil . --> ... is the dental distribution business of Cremer S.A. With ...
(Date:2/5/2016)... DUBLIN , Feb. 5, 2016 /PRNewswire/ ... the addition of the "Global Obstetrics ... company profile to their offering. ... addition of the "Global Obstetrics Partnering ... company profile to their offering. --> ...
Breaking Medicine Technology: