Water Street Backs Sarnova
"Water Street Healthcare Partners is expected to announce Thursday, June 5, that it has committed $75 million in equity financing to healthcare products distributor Sarnova.
Combined, the companies create a leading distributor, providing more than 100,000 healthcare products to hospitals, surgery centers and emergency-care providers all over the U.S. Sarnova will generate more than $400 million revenues and employ more than 600 people.
Water Street tapped Ted Zook, Jody Gale and Gregory Grove of Kirkland & Ellis LLP for legal counsel."
This article appeared in its entirey in the June 5, 2008 edition of The Deal.