JLL and Water Street Announce Agreement to Sell Bioclinica

CHICAGO and NEW YORK – August 22, 2016 – Water Street Healthcare Partners, a strategic investor focused exclusively on the health care industry, and JLL Partners, a leading middle-market private equity firm, announced today that they have signed a definitive agreement to sell Bioclinica, Inc. to international private equity firm, Cinven. Headquartered in Doylestown, Pa., Bioclinica is one of the world’s leading providers of specialty outsourced clinical trial solutions. “It has been rewarding to work with Water Street and JLL Partners to build Bioclinica into an industry leader that offers exceptional scientific expertise and technology across a global service platform. They have been exce