Written by Dentistry Today Wednesday, 05 January 2011 10:51
Health Care Private Equity Firm Finalizes Agreement to Acquire and Build Leading Dental Pharmaceutical Company; Recruits Janet Vergis as CEO
CHICAGO – January 5, 2011 – Water Street Healthcare Partners announced today that it has acquired OraPharma, Inc. from Johnson & Johnson. Water Street, a strategic private equity firm focused exclusively on health care, plans to build OraPharma into a leading specialty pharmaceutical company focused on dental and oral health care. It is Water Street’s latest agreement with a global health care company to acquire a business and expand its group of companies specializing in life sciences, medical devices, distribution and health care services.