JLL and Water Street Invest in PEP

Water Street and JLL Partners annouced today that they invested in The Patient Experience Project (PEP), a full-service, patient-centric healthcare marketing and communications agency based in Saratoga Springs, New York. Water Street and JLL will combine PEP with their global life sciences platform. "This is a natural next chapter for an expanding and innovative business like PEP,” said PEP Founder and President Dan Bobear. “It will give us the resources we need to bring additional services to our clients, advance our mission to improve the patient experience, and take the agency to the next level.” PEP will continue to operate under its existing name and management team from its locations i

JLL and Water Street Announce Acquisition to Expand Global Life Sciences Commercialization Services

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 an agreement to acquire Triplefin. An industry leader in patient support for more than 30 years, Triplefin is the latest company to join the investment firms' growing life sciences commercialization services platform. The addition of Triplefin to the life sciences platform will significantly expand the platform's patient-centered capabilities. Headquartered in Cincinnati, Ohio, Triplefin specializes in pharmaceutical hub services, including its Hub-Lite® and co-pay programs which are dedic