Water Street Healthcare Partners Backs CCBR-SYNARC
April 09, 2013
Water Street Healthcare Partners, a healthcare-focused private equity firm, has invested in CCBR-SYNARC, a clinical services provider. The company is comprised of two businesses: SYNARC, based in Newark, CA, specializes in imaging services, consultation and analysis to track progress throughout a clinical trial’s life cycle, and CCBR, headquartered in Copenhagen, recruits patients and conducts clinical trials in its dedicated clinical centers. The investment marks Water Street's first investment from its new fund, Water Street Healthcare Partners III, which closed last year with $750 million of commitments.