ALEXANDRIA, Va., Sept. 11, 2017 /PRNewswire/ -- The Health Industry Distributors Association (HIDA) announced today that Water Street Healthcare Partners, a strategic investor focused exclusively on the healthcare industry, has joined its Educational Foundation. The organization also announced Kevin Swan, a partner with Water Street, has been appointed to the HIDA Educational Foundation Board of Directors.
Water Street specializes in investing in and growing companies within key sectors of the healthcare industry, including medical products distribution. Through a combination of strategic initiatives and acquisitions, Water Street has built a leading group of specialty distribution companies, including: Breg, Inc.; Key Surgical, Inc.; MarketLab; Orgentec Diagnostika; RTI Surgical, Inc.; and Sarnova, Inc. All of these companies will become HIDA members or HIDA Educational Foundation associates.
"We are very pleased to welcome Water Street and its family of healthcare companies to HIDA," said Matthew J. Rowan, HIDA President and CEO. "With the addition of Kevin Swan to the Foundation Board, we look forward to his future contributions resulting from years of extensive healthcare knowledge."
Swan has more than 30 years of leadership experience in the healthcare industry. Prior to Water Street, he was group president of McKesson's medical distribution divisions, where he was actively involved with HIDA. Swan also served in executive roles at American Hospital Supply, Baxter, and Sterigenics.
"It is great to return to HIDA and an honor to be appointed to the HIDA Educational Foundation Board," said Swan. "Becoming a member of HIDA and contributing to the Board is a natural progression as Water Street continues to grow our presence and group of companies in the healthcare industry."
About HIDAThe Health Industry Distributors Association (HIDA) is the premier trade association representing medical products distribution. HIDA members offer services that increase the efficiency of the nation's hospitals, nursing homes, physician practices, and other healthcare providers. For more information, visit www.HIDA.org. For more information on HIDA's Streamlining Healthcare initiative, visit www.StreamliningHealthcare.org.
About Water Street Water Street is a strategic investor focused exclusively on healthcare. The firm has a strong record of building market-leading companies across key growth sectors in healthcare. It has worked with some of the world's leading healthcare companies on its investments including Johnson & Johnson, Medtronic, Smith & Nephew, and Walgreen Co. Water Street's team is comprised of industry executives and investment professionals with decades of experience investing in and operating global healthcare businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.WaterStreet.com.
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Water Street specializes in investing in and growing companies within key sectors of the healthcare industry, including medical products distribution. Through a combination of strategic initiatives and acquisitions, Water Street has built a leading group of specialty distribution companies, including: Breg, Inc.; Key Surgical, Inc.; MarketLab; Orgentec Diagnostika; RTI Surgical, Inc.; and Sarnova, Inc. All of these companies will become HIDA members or HIDA Educational Foundation associates.
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"We are very pleased to welcome Water Street and its family of healthcare companies to HIDA," said Matthew J. Rowan, HIDA President and CEO. "With the addition of Kevin Swan to the Foundation Board, we look forward to his future contributions resulting from years of extensive healthcare knowledge."
Swan has more than 30 years of leadership experience in the healthcare industry. Prior to Water Street, he was group president of McKesson's medical distribution divisions, where he was actively involved with HIDA. Swan also served in executive roles at American Hospital Supply, Baxter, and Sterigenics.
"It is great to return to HIDA and an honor to be appointed to the HIDA Educational Foundation Board," said Swan. "Becoming a member of HIDA and contributing to the Board is a natural progression as Water Street continues to grow our presence and group of companies in the healthcare industry."
About HIDAThe Health Industry Distributors Association (HIDA) is the premier trade association representing medical products distribution. HIDA members offer services that increase the efficiency of the nation's hospitals, nursing homes, physician practices, and other healthcare providers. For more information, visit www.HIDA.org. For more information on HIDA's Streamlining Healthcare initiative, visit www.StreamliningHealthcare.org.
About Water Street Water Street is a strategic investor focused exclusively on healthcare. The firm has a strong record of building market-leading companies across key growth sectors in healthcare. It has worked with some of the world's leading healthcare companies on its investments including Johnson & Johnson, Medtronic, Smith & Nephew, and Walgreen Co. Water Street's team is comprised of industry executives and investment professionals with decades of experience investing in and operating global healthcare businesses. The firm is headquartered in Chicago. For more information about Water Street, visit www.WaterStreet.com.
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SOURCE Health Industry Distributors Association
