2019 Annual Review

A year of
Science Equipment
Ambulance
Scientist
collaboration
activity
results

2019 was a busy year of
collaboration and growth
for our companies, our
investors and the healthcare
system as a whole.

We partnered to drive growth.

Pharmaceutical Manufacturing

Collaboration is critical to our approach. Partnering with
talented executives, we invest at an aggressive pace to
accelerate growth for Water Street companies through
strategic initiatives and acquisitions.

14 mergers and
acquisitions

We created new opportunities.

Test Tubes

Our proactive investment philosophy keeps us ahead of
the market. We’ve been identifying and initiating opportunities for
our entire history and continued with this approach in 2019.

2 new platform
companies

We delivered real value.

Doctor and Patient

As Water Street delivered value to our investors in 2019,
we’re also proud of our companies’ contributions to improved patient
outcomes, system efficiency and cost reduction in healthcare.

3 divestitures
4 FDA approvals

Building healthcare leaders
since 2005

20 0 1 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9

14 years as Water Street

115+Strategic Transactions32 Market Leaders Built

115+ Strategic Transactions, 32 Market Leaders Built 115+ Strategic Transactions, 32 Market Leaders Built