Investment Summary

Water Street Healthcare Partners Invests In MedSpeed

On August 13, 2024, private equity firm Water Street Healthcare Partners invested in business services company MedSpeed

Investment Highlights
  • This is Water Street Healthcare Partners’ 6th transaction in the Business Services sector.
  • This is Water Street Healthcare Partners’ 47th transaction in the United States.
  • This is Water Street Healthcare Partners’ 5th transaction in Illinois.

Investment Summary

Date 2024-08-13
Target MedSpeed
Sector Business Services
Investor(s) Water Street Healthcare Partners
Deal Type Growth Capital

Target

MedSpeed

Elmhurst, Illinois, United States
MedSpeed integrates healthcare organizations through the enterprise-wide movement of medical materials: specimens, pharmaceuticals, supplies, and more. It transforms transportation into a strategic asset that more effectively utilizes scale, reduces risk, eliminates redundancies, and centralizes services. MedSpeed was founded in 1999 and is based in Elmhurst, Illinois.

Search 201,292 Deals Now

SEARCH BY

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

Try For Free 7-Day Free Trial

Investor(S) 1

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 50 of 50
Sector (Business Services) 6 of 6
Type (Growth Capital) 17 of 17
State (Illinois) 5 of 5
Country (United States) 47 of 47
Year (2024) 2 of 2
PREVIOUS 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 -