Water Street Healthcare Partners

General contacts
Investor type

PE / VC

Founded

2005

AUM

$7 500 M

Location

Chicago, Illinois, United States

Investment Ticket

$10-50 m

Investment Stage

Seed Pre-seed Late Stage (Series C+)

Region of investment

North America Europe
Investor profile last updated: 16 August, 2026

Profile

Water Street Healthcare Partners is a private equity firm based in Chicago, Illinois, founded in 2005. The firm specializes in healthcare investments, focusing on healthcare services, medical products and diagnostics, and pharmaceutical and life sciences. With a team of 33 professionals, Water Street is dedicated to building market leaders in these sectors through strategic partnerships and growth capital.

The firm invests primarily in buyouts and growth capital, targeting companies in the United States and Germany. Water Street manages over $6 billion in capital, with notable funds including Water Street Healthcare Partners IV, L.P. and Water Street Healthcare Partners V, L.P. The firm is known for its deep industry expertise and collaborative approach with management teams to drive transformational growth.

Notable investments by Water Street include Am-Tran - logistics, Brundage Group - enterprise systems in healthcare, Globalmed Logistix - logistics, Waltz Health - other healthcare services, and Service Specialists of America - other commercial services.

Industry

Healthcare Services Marketing and Advertising Medical Devices Pharmaceuticals Life Sciences HealthTech

Water Street Healthcare Partners Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region 		Size AUM Launch date
Water Street Healthcare Partners IV, L.P
Private Equity (PE)
Healthcare Services
Marketing and Advertising
Series B
North America
$5-10 m
$860 M
October 2017
Water Street Healthcare Partners V, L.P.
Private Equity (PE)
Healthcare Services
Marketing and Advertising
Series B
North America
$5-10 m
$1400 M
June 2022

Contacts

Name
Title
Email
Social Networks
avatar
Tim Dugan Managing Partner
Managing Partner
t•••@•••
LinkedIn
avatar
Pete Strothman Managing Partner
Managing Partner
p•••@•••
Upgrade to see contacts
avatar
rhOMzvBEPnA7WQ0m rhOMzvBEPnA7WQ0m
rhOMzvBEPnA7WQ0m
[email protected]
linkedin twitter
avatar
rhOMzvBEPnA7WQ0m rhOMzvBEPnA7WQ0m
rhOMzvBEPnA7WQ0m
[email protected]
linkedin twitter
avatar
rhOMzvBEPnA7WQ0m rhOMzvBEPnA7WQ0m
rhOMzvBEPnA7WQ0m
[email protected]
linkedin twitter
Investment-team contacts for Water Street Healthcare Partners — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Water Street Healthcare Partners

Water Street Healthcare Partners is a venture capital and private equity firm. It backs companies at Seed, Pre-seed and Late Stage (Series C+), writing tickets of $10-50 m.
Water Street Healthcare Partners is located in Chicago, Illinois, United States.
Water Street Healthcare Partners was founded in 2005.
Water Street Healthcare Partners invests in companies and startups in Healthcare Services, Marketing and Advertising, Medical Devices, Pharmaceuticals, Life Sciences, HealthTech.
Water Street Healthcare Partners invests in companies and startups in North America, Europe.
Water Street Healthcare Partners invests in companies and startups at Seed, Pre-seed, Late Stage (Series C+).
Water Street Healthcare Partners usually invests $10-50 m on average.
Water Street Healthcare Partners has around $7 500m assets under management.
Water Street Healthcare Partners last fund was created/launched in 2022-06-20
Water Street Healthcare Partners can be reached through its website waterstreet.com and its LinkedIn page. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Water Street Healthcare Partners — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Water Street Healthcare Partners directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.