Water Street Healthcare Partners Partners with Hansen Hunter

Water Street Healthcare Partners Makes Growth Investment in Medical Guardian

January 11, 2021

Healthcare Services

Medical Guardian, a Philadelphia-based personal emergency response (PERS) provider, received a growth investment from Water Street Healthcare Partners. The capital will be used to pursue acquisitions and organic initiatives to expand Medical Guardian's connected-care offerings, healthcare partnerships and market presence for senior consumers.

Water Street Healthcare Partners Backs Renovo Solutions with Growth Investment

January 11, 2022

Healthcare Services

Renovo Solutions received a growth investment from Water Street Healthcare Partners to accelerate expansion of its healthcare and life sciences equipment management services. The investment will fund enhancements to Renovo's proprietary equipment-management system, geographic expansion beyond its current 37+ states, and the recruitment of Bill Newell as CEO to lead growth.

Hunter Street Partners and Healy Capital Invest in Ark Behavioral Health

July 20, 2020

Healthcare Services

Minneapolis-based Hunter Street Partners partnered with Healy Capital Partners to provide growth capital to Ark Behavioral Health, an operator of substance use disorder treatment facilities in the Northeastern United States. The investment will support ARK's expansion of treatment capacity and services across detox, inpatient, partial hospitalization, intensive outpatient, and outpatient programs.

Water Street Healthcare Partners Commits $100M to Southern Scripts

January 6, 2021

Healthcare Services

Southern Scripts received a $100 million capital commitment from Water Street Healthcare Partners to accelerate growth of its transparent pharmacy benefit management (PBM) model. Water Street will join the company's investors and board, supporting technology enhancement, service expansion and a national footprint extension while Southern Scripts' founders and management remain in place.

Water Street Healthcare Partners Acquires Pillr Health from Renovus Capital Partners

January 20, 2026

Healthcare Services

Water Street Healthcare Partners has acquired Pillr Health from Renovus Capital Partners, marking a full exit for Renovus after a seven-year transformation of the business into a scaled, technology-enabled pharmacy optimization platform. Pillr Health will remain led by its existing management team and is expected to expand under Water Street’s healthcare-focused platform build strategy; financial terms were not disclosed.

Water Street Healthcare Partners Invests in Alcor Scientific

March 9, 2022

Medical Devices

Water Street Healthcare Partners has made a strategic investment in Alcor Scientific to support the diagnostic- and medical-device maker's product development, geographic expansion and M&A growth strategy. As part of the partnership Alcor appointed diagnostics executive Jim Post as CEO and will leverage Water Street's capital and industry expertise to expand its product portfolio and global reach.