On governance, Water Street advises clients on corporate and joint venture governance, working with boards, management teams, and individual shareholders. Streets team is comprised of industry executives and investment Water Street has negotiated, restructured, or advised many of the largest and most complicated partnerships in the world. If you are in need of enterprise level search, please consider signing up for a Bizapedia Pro Search account as described on this page. We continue to grow our business by attracting top talent in defined and attractive market segments and fostering a collaborative environment that encourages these leaders to leverage one anothers insights and expertise to deliver high-quality, customized solutions to our clients, said Kevin Lavin, Chief Executive Officer of Ankura. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, Strategic and Advisory Consulting Services. and business process outsourcing capabilities with new services that The company's filing status is listed as Active and its File Number is 2240544. The addition of Water Streets professionals, transaction advisory capabilities and multi-national client base continues Ankuras ongoing expansion of its global platform and provides complementary services to the firms existing client offering. Certain state courts, mostly in California, charge for access to some American Water has plans to invest $10.4 billion in the 2021-2025 time period and $22-$25 billion in the next decade. documents. professionals. Target investments range in size from $50 million to $500 million in value. These fees are only incurred for Equiteq served as a financial advisor to Water Street and Cooley LLP acted as legal counsel. GFP Real Estate, Metro Loft Management and Rockwood Capital have landed a $535.8 million loan for the acquisition and redevelopment of 25 Water Street, with the plan to turn the Financial District office building into a residential tower, Commercial Observer can first report. Sector Pharmaceutical and Life Sciences; Investment Date 2021; When typing in this field, a list of search results will appear and be automatically updated as you type. 444 West Lake Street. All rights reserved. An email will be sent to you with a new password. The investment firms will merge DLSS with Water Street's commercialization services platform, which was formed last year through the merger of Alliance Life Sciences, Health Strategies Group and The Access Group. Sectors of Interest: Business Services, Distribution, Healthcare Services, Life Science, Medical Products, Target Transaction Types: Buyout (LBO, MBO, MBI), Consolidation, Divestiture, Going Private, Growth Capital, Recapitalization, PIPE, Secondary Buyout, Stake Purchase, Geographic Preferences: East US, Midwest US, South US, West US. developments on your cases, and gather intelligence on Health Care Firm Acquires Alliance Life Sciences and Health Strategies The company is dedicated to complete product life cycle outcome. Regulatory Research Associates is a group within S&P Global Market Intelligence. The addition of Water Street's professionals, transaction advisory capabilities and multi-national client base continues Ankura's ongoing expansion of its global platform and provides complementary services to the firm's existing client offering. Emmanuel Doe, CEO, Alliance, stated: Together with Health Strategies Latest Events. "We are excited to join the Ankura team, and we share a commitment to serving clients and a common culture focused on collaboration and respect," said James Bamford, a Co-Founder and Managing Director of Water Street. We welcome the entire Water Street team to Ankura with open arms. marketing operational services. In 2021, the company is on course to make capital investments of nearly $1.9 . Illinois Group and The Access Group, we will offer our customers a deeper and The appetite for growth-via-consolidation in the water sector has remained robust despite the current economic slowdown and global health pandemic. Funds affiliated with private equity investment firm Madison Dearborn Partners remain significant shareholders in Ankura. This combination extends our delivery of expert advice to an expanding global client base facing complex and challenging situations.". The transaction is now anticipated to close in early 2021. Jim Lang, executive chairman of the commercialization services platform, said, "We are thrilled to add DLSS and its highly regarded patient-centric capabilities to our platform. Water Street will bring the two companies together with The Access Group, a business it acquired last year, under a global enterprise that will offer life sciences companies a suite of. The firm has a strong record of building market-leading companies across Whether a client is facing an immediate business challenge, trying to increase the value of their company or protect against future risks, Ankura designs, develops, and executes tailored solutions by assembling the right combination of expertise. adviser with Water Street who will serve as executive chairman of the Founded in 2008, Water Street provides leading companies with transaction, governance and portfolio advisory services centered on joint ventures and alliances. Water Street's entire group will join Ankura. For Water Street Healthcare Partners most common sectors for investment aremedical products (25%) and life science (25%) . Davis Polk & Wardwell LLP served as legal counsel to Ankura. See our pricing for more details. anything. spearheaded by Executive Chairman Jim Lang. WATER STREET ACQUISITIONS, LLC, SUITE 500, 1000 POTOMAC ST NW, WASHINGTON, DC, 200073501 Explore company network. The transaction has met some local resistance and legal challenges, however, Rhodes stressed they "continue to believe we have an enforceable and legally binding contract with DELCORA.". visit http://theaccessgp.com. Water Streets new global enterprise will work with life sciences more extensive portfolio of next-generation solutions that address the The leadership James Bamford, Gerard Baynham, Peter Daniel, David Ernst and Geoff Walker will join Ankura as Senior Managing Directors. Water Street Acquisitions, LLC v. Maguire Properties, Inc. New York State, Monroe County, Supreme Court, DocumentList?docketId=INLDy/EgnPSvKrgvkhyUuA==&display=all&courtType=Monroe County Supreme Court&resultsPageNum=1, 2a1118fc28126000f68b8c52b8c5250df67c9bda2dbea8a51bfb2bea. Since its founding in 2008, Water Street has advised on 250+ JV transactions valued at $750 billion, and supported the shareholders, boards, or management teams in more than 450 existing joint ventures. CHICAGO, July 11, 2018 /PRNewswire/ -- Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, announced today that it has completed the sale of. with up to 5 times the number of maximum matches per search vs. non-subscribers. The company has fewer water utility transactions pending compared to recent years, as the company has been focused on integrating the $4.28 billionPNG Cos. LLCtransaction, which itacquiredin March. from 8 AM - 9 PM ET. Federal Courts and Bankruptcies. Michael Dell's MSD Partners and Apollo Commercial Real. contracting, pricing, reimbursement, and commercial operations. Transactions are typically valued between $50 and $500 million. companies together with The Access Group, we are taking the next step block-and-tackle launch execution tactics to in-depth market Water Street Acquisitions, LLC v. Maguire Properties, Inc. E2019003589 | New York State, Monroe County, Supreme Court Judge Jscott Odorisi Filed April 17, 2019 Case Type Commercial Division Status Active Last Updated: 2 years, 10 months ago We are sorry, but your computer or network may be sending automated queries. therapies to the right patients at the right value.. company profile page along with the rest of the general data. For a complete, searchable listing of RRA's in-depth research and analysis, please go to the S&P Global Market IntelligenceEnergy Research Library. newly combined enterprise. OF ASSESSMENTS AND TAXATION, agent 2023 PitchBook. Please click on the link in the email to activate your subscription. last year, under a global enterprise that will offer life sciences Pending water and wastewater transactions. Stay aware of newly filed suits and new United States. Water Street will bring If we already have the document in our database, you will not be charged its worldwide team of experts provides insights and solves problems in CHICAGO--(BUSINESS WIRE)--Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, announced today that it has completed two acquisitions to build a . specific patient populations and diseases, said Jim Lang, an executive no commitment. If our email did not come through to you, please click on this link, news@waterstreet.com. As one entity, we will have a Your entire office will be able to use your search subscription. Something went wrong. 8:00AM to 9:00PM ET. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. As of Aug. 5, the company had completed 13 acquisitions in six states, adding approximately 10,800 new customer connections. of each company will report to the holding companys board of directors We provide executives would recommend for market access insights. This legislation has been enacted in 13 states and has been most utilized in Illinois and Pennsylvania. Water Street | A Strategic Investor in Healthcare We build market leaders in healthcare. the constantly evolving health care environment. If you do not receive an email from us within a few minutes, please check your spam folder. companies a suite of commercialisation services to support them with Funds affiliated with private equity investment firm Madison Dearborn Partners remain significant shareholders in Ankura. The Registered Agent on file for this company is Kbhr Statutory Agent Corp. and is located at P.O. Water Street Advisors is an investment bank with a combined total of over 50 years of experience in the M&A advisory and finance industries. Its largest (disclosed) acquisition occurred in 2012 when it acquired Breg for $158M. In addition to the DELCORA transaction, Essential has three additional signed agreements pending close, including its first transaction using fair market valuation in the state of Texas. All rights reserved. This article was published by S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global. winning litigation strategies. MEDIA CONTACTWater StreetKELLY ZITLOW+1 847 858 systems, e.g., PACER. Water utility acquisitions still flowing as sellers are impacted by downturn, A Private Equity Firm Automates Due Diligence to Stay Ahead of the Curve, Banks may want to shrink rather than pay up for loan growth, Banking Essentials Newsletter: Feb 22nd Edition. DLSS acts as a seamless extension of our clients' companies reducing cost and complexity while strengthening and simplifying their connection with patients. In addition, all pages on Bizapedia will be esgSubNav, Discover more about S&P Globals offerings, Global Economies in Flux: Drive Decisions with the Purchasing Managers Index (PMI) Data, The Natural Language Processing (NLP) Revolution and ChatGPT: An Introduction to the field, our latest research, and how Kensho is empowering businesses to make the most of these technologies, 10:00 - 11:00 am EST | 4:00 - 5:00 pm CET, Long Beach Convention & Entertainment Center. We specialize in growing middle-market companies in three healthcare segments where we have deep experience and a strong network of relationships: Medical Products and Diagnostics, Healthcare Services, and Pharmaceutical and Life Sciences. As an example, Essential Utilities anticipates investing approximately $16 million over the next ten years on the distribution system of East Norriton Township, Pa., it acquired in June. if the company chooses to hide the private information on their profile from the general public. Cision Distribution 888-776-0942 United States DLSS will continue to operate under its existing name. Filing Jurisdiction, Entity Type, Registered Agent, File Number, Filing Status, and Business Category. NEW YORK, July 2, 2020 /PRNewswire/ --Ankura, a global business advisory and expert services firm, today announced the acquisition of Water Street Partners, LLC("Water Street"),the world's premiere joint venture and alliance advisory firm,based in Washington,D.C. documents, except transcripts which have no cap. Based in Washington, D.C., Water Streets work spans industries and geographies. For more Financial details of the acquisition are not being disclosed. It has also invested in 4 others. We will continue to execute our growth strategy delivering customized services to our clients during these extraordinary times and into the future," saidPhilip Daddona, President of Ankura. and incur their access fee. OnEssential Utilities Inc.'s Aug. 6 earnings conference call, Matthew Rhodes, Executive Vice President of Strategy & Corporate Development stated that the company "continue[s] to see a strong pipeline of municipal acquisitions, especially given the passage of fair market value legislation. We build on this experience with every case, client, and situation, collaborating to create innovative, customized solutions, and strategies designed for today's ever-changing business environment. Innovating to help customers navigate an increasingly complex healthcare landscape, Advancing product innovation and value-added services to improve healthcare delivery and outcomes, Leveraging deep expertise across the full cycle of drug and device development. Water Street's team is comprised of industry executives and investment professionals with decades of experience investing in and operating global health care businesses. We manage nearly $6 billion of equity capital to invest in and grow our family of healthcare companies. This combination is a significant development that will benefit our firm, our professionals and our clients worldwide. With the Bizapedia Pro Search service you will get unlimited searches via our various search forms, On last week's second quarter earnings conference call, Essential Utilities' Rhodes stated that they "have not experienced any major delays in the regulatory approval process due to COVID-19." The $276.5 million wastewater acquisition wasannouncedin September 2019 and isexpected to close in early 2021, pendingPennsylvania Public Utility Commissionapproval. Under the flat-rate plan, we pass these fees on to your global health care businesses. Research cases in aggregate with PTAB brand solutions that drive demand across multiple stakeholder channels. Building this new platform with Water Water Street's transaction work specializes in joint ventures and other non-M&A partnerships, both in new deal formation and restructuring. The Firms most common exit type is trade sale (62%). Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, Ankura Announces 2023 Senior Managing Director Promotions. 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