Water Street Healthcare Partners and JLL Partners Acquire THREAD

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.

THL Partners Acquires Headlands Research from KKR

August 16, 2025

Healthcare Services

THL Partners entered into a definitive agreement to acquire Headlands Research, a multinational network of clinical trial sites, from funds managed by KKR. The deal is intended to accelerate Headlands’ clinical trial site expansion and enhance its technology and centralized infrastructure for pharmaceutical and biotech sponsors.

THREAD Acquires CureClick

April 19, 2022

Healthcare Services

THREAD has acquired CureClick, a Costa Mesa-based crowdsourcing platform that accelerates awareness and participation in clinical research. The deal brings CureClick’s community of more than 6,500 ambassadors and a reach of over one million patients into THREAD’s decentralized clinical trials (DCT) platform; CureClick founder Fabio Gratton will join THREAD as chief experience officer.

THREAD Acquires inVibe to Add Voice-Powered Research to Its Clinical Research Platform

January 12, 2022

Healthcare Services

THREAD, a Cary, North Carolina-based decentralized clinical trials technology and service provider, has acquired inVibe, a voice-powered research and insights technology company focused on life sciences and healthcare. The deal integrates inVibe’s voice capture, NLP and linguist-led analysis into THREAD’s platform as an add-on capability to broaden patient-centered research, recruitment and real‑time insight offerings; financial terms were not disclosed.

THREAD Acquires Modus Outcomes

November 3, 2021

Healthcare Services

THREAD has acquired Modus Outcomes to combine its decentralized clinical trial (DCT) technology platform with Modus' clinical outcomes consulting, psychometrics and biostatistics capabilities. The deal (financial terms not disclosed) expands THREAD's scientific capabilities and global footprint — adding Modus' offices in London and Lyon and a team of ~40 experts to THREAD's DCT offering.

Water Street and JLL Partners Acquire Solvias AG

June 11, 2020

Healthcare Services

Water Street Healthcare Partners, together with JLL Partners, completed an agreement to fully acquire and invest in Solvias AG, a Switzerland-based contract research, development and manufacturing laboratory services company. The investment will support Solvias' capability and global expansion and includes board appointments of seasoned pharmaceutical services executives to help drive growth.