Water Street Healthcare Partners is a Chicago-based private equity firm focused exclusively on the health care industry. The firm s diverse team of executives and investment professionals provides its portfolio companies with health care expertise and access to an extensive network of industry contacts. Water Street Healthcare Partners assists companies with strategic perspective and support to expand products, services and global reach. The firm partners with middle-market companies looking to grow their businesses, as well as such global health care organizations as Johnson & Johnson, Medtronic, Smith & Nephew and Stryker Corporation. It specializes in flexible transaction structures with particular expertise in complex corporate partnerships and recapitalizations. Water Street Healthcare Partners deals in various health care segments, including diagnostic devices, medical products, pharmaceutical services and specialty distribution. The firm was established in 2005.