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Article: Water Street Capital Partners Makes Control Investment in Lakewood Pathology Associates.
- Article from:
- PR Newswire
- Article date:
- May 22, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CHICAGO, May 22 /PRNewswire/ -- Water Street Capital Partners, a Chicago-based private equity firm focused exclusively on the healthcare industry, announced today that it has completed the acquisition of a majority ownership stake in New Jersey-based Lakewood Pathology Associates (LPA). LPA is a full-service national provider of multi-specialty anatomic pathology services to clinicians operating in outpatient surgical settings in more than 21 states.
Water Street Capital Partners has committed $50 million in equity financing to help accelerate LPA's organic growth and to further build market leadership through acquisition of small and mid-size surgical pathology ...