Strategic private equity firm Water Street Healthcare Partners is looking to spend its newly raised $750 million fund in healthcare and lifesciences, $50 million to $500 million at a time.
Orthofix (NSDQ:OFIX) agreed to sell all outstanding shares of its sports medicine subsidiary Breg Inc. to Breg Acquisition Corp., a newly formed subsidiary of private equity firm Water Street Healthcare Partners, for $157.5 million in cash.