Investment Summary

Water Street Healthcare Partners and Copley Equity Partners Invest In Avantik

On February 15, 2023, private equity firms Water Street Healthcare Partners and Copley Equity Partners invested in medical products company Avantik

Investment Highlights
  • This is Water Street Healthcare Partners’ 14th and Copley Equity Partners’ 3rd transaction in the Medical Products sector.
  • This is Water Street Healthcare Partners’ 45th and Copley Equity Partners’ 21st transaction in the United States.
  • This is Water Street Healthcare Partners’ 5th and Copley Equity Partners’ 1st transaction in New Jersey.

Investment Summary

Date 2023-02-15
Target Avantik
Sector Medical Products
Investor(s) Water Street Healthcare Partners
Copley Equity Partners
Deal Type Growth Capital

Target

Avantik

Pine Brook, New Jersey, United States
Avantik is an integrated medical products and services company, delivering quality equipment, consumables and service to anatomic pathology, Mohs and on-site pathology laboratories nationwide. Avantik was founded in 1971 and is based in Pine Brook, New Jersey.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 2

Investor

Water Street Healthcare Partners

Chicago, Illinois, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 6.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Water Street is a specialist private equity firm that targets investments in healthcare companies. Specific areas of interest within healthcare include diagnostic devices, medical products, pharmaceutical services, specialty distribution, specialty pharmaceuticals, and specialty services. Water Street targets non-core units of larger corporations and private middle-market companies. Transactions are typically valued between $50 and $500 million. Water Street does not invest in biotechnology, traditional healthcare facilities (hospitals, nursing homes) or early-stage companies without positive cash flow. Water Street was formed in 2005 and is based in Chicago, Illinois.


DEAL STATS #
Overall 48 of 50
Sector: Medical Products M&A 14 of 14
Type: Growth Capital M&A Deals 15 of 17
State: New Jersey M&A 5 of 5
Country: United States M&A 45 of 47
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-01 Catalyx

Cork, Ireland

Catalyx specialises in enhancing quality and speed in life sciences and consumer goods through machine vision, automation, managed services and staffing solutions. Catalyx was founded in 1998 and is based in Cork, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-29 Hansen Hunter

Portland, Oregon, United States

Hansen Hunter specializes in business office and technology services that support post-acute care and senior living organizations with the growing volume of administrative demands required to operate their facilities. Its services include reimbursement solutions, clinical consulting, compliance, reporting, accounting, auditing and tax management. Hansen Hunter was founded in 1979 and is based in Portland, Oregon.

Buy -
DESCRIPTION

Copley Equity Partners is a private investment firm that invests in established small and lower middle-market businesses with significant growth prospects. The Firm is sector agnostic and generally looks to provide capital for shareholder liquidity, acquisition, and growth needs. Copley Equity looks to invest $5 to $75 million in equity capital in profitable businesses generating up to $25 million of cash flow. Copley Equity Partners was established in 2012 and is headquartered in Quincy, Massachusetts.


DEAL STATS #
Overall 23 of 27
Sector: Medical Products M&A 3 of 3
Type: Growth Capital M&A Deals 17 of 21
State: New Jersey M&A 1 of 1
Country: United States M&A 21 of 25
Year: 2023 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-26 Triton Environmental Consultants

Vancouver, British Columbia, Canada

Triton Environmental Consultants is an environmental consulting firm focused on supporting major infrastructure projects within the power, oil and gas, mining, transportation, agriculture, and municipal development sectors. Triton provides a full range of professional services to support all stages of the project development life cycle, including feasibility and constraints analysis, environmental assessments and permitting, and construction and post-construction environmental compliance monitoring. Triton Environmental Consultants was formed in 1989 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-28 Upper Crust

Columbia, Missouri, United States

Upper Crust is a contract food service management company serving Sorority and Fraternity houses on college campuses, as well as summer camps, across the United States. Upper Crust was formed in 2010 and is based in Columbia, Missouri.

Buy -