Water Street and JLL Partners Acquire Solvias AG

Water Street Healthcare Partners Acquires Pillr Health from Renovus Capital Partners

January 20, 2026

Healthcare Services

Renovus Capital Partners has sold its portfolio company Pillr Health, a technology-enabled pharmacy optimization platform, to Water Street Healthcare Partners. Pillr Health provides software and tech-enabled services to help healthcare providers manage pharmacy operations, ensure 340B compliance, and improve financial and operational outcomes.

Water Street Healthcare Partners Partners with Hansen Hunter

May 29, 2024

Healthcare Services

Water Street Healthcare Partners has made a strategic growth investment in Hansen Hunter to provide capital and resources to expand the firm's business office and technology services for post-acute care and senior living organizations. The partnership will support expansion of Hansen Hunter's reimbursement, clinical consulting, compliance, reporting, accounting, auditing and tax management services and help extend its national footprint.

WSD Acquires Solvians

April 28, 2023

Software

WSD, a Bowmark Capital‑backed structured products software provider, has acquired Solvians, a Germany‑based market data and portals technology firm for the structured products industry. The combination creates a larger global structured‑products software group (over 200 employees) with expanded document generation, workflow automation and data capabilities; Mathias Strasser will lead the combined business and Solvians founder Thomas Schwanhäuser will step down from his CEO role.

Water Street Invests in CXV Global and Panacea Technologies to Create Life Sciences Automation Platform

October 12, 2022

Healthcare Services

Water Street Healthcare Partners has invested in and facilitated the combination of CXV Global and Panacea Technologies to form a global platform offering automation and digitization solutions for life sciences operations. The combined business will provide machine vision, serialization, digitization and engineering services across R&D, manufacturing, packaging and distribution, supported by a global workforce of 500+ employees and significant growth capital from Water Street.

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.

Solvias Acquires Chemic Laboratories to Establish U.S. Laboratory Presence

June 17, 2021

Healthcare Services

Solvias has acquired Canton, Massachusetts-based Chemic Laboratories, Inc., giving the Swiss analytical testing and contract research company a U.S. foothold and complementary laboratory testing capabilities. Chemic's co-founders will join Solvias' leadership and continue to run U.S. operations; financial terms were not disclosed.