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The Transaction

Delancey Street Partners is pleased to announce the following transaction:

November 2017
Health Strategies Group, Inc.
Sale to Water Street Healthcare Partners
Sector: Healthcare – Pharmaceutical Services
Delancey Street Partners served as the exclusive financial advisor to Health Strategies Group, Inc.

Delancey Street Partners recently served as exclusive financial advisor to Health Strategies Group, Inc. (“HSG” or the “Company”) on its sale to Water Street Healthcare Partners (“Water Street”). Water Street will bring the Company together with The Access Group, a business it acquired last year, and a third acquisition, Alliance Life Sciences, under a global enterprise that will offer life sciences companies a suite of commercialization services to support them with bringing new therapies to market, and gaining and sustaining market access and share. Over several years, Delancey Street partnered with HSG to assess strategic alternatives and implement an M&A readiness program. We ultimately executed a targeted sale process that met the goals of the shareholders and that identified Water Street as the best partner for HSG in its next phase of growth.

Founded in 1992, HSG is the leader in market access intelligence and customized research for pharmaceutical and biotech professionals. Its dedicated team of research leaders are committed to dissecting the trends, identifying customer needs, and pinpointing the barriers and opportunities for biopharma within the evolving health care environment. Recently, HSG was ranked the No. 1 market research company that pharmaceutical and biotech executives would recommend for market access insights.

Water Street is a strategic investor focused exclusively on health care. The firm has a strong record of building market-leading companies across key growth sectors in health care. It has worked with some of the world’s leading health care companies on its investments including Johnson & Johnson, Medtronic, Smith & Nephew and Walgreen Co. Water Street’s team is comprised of industry executives and investment professionals with decades of experience investing in and operating global health care businesses. The firm is headquartered in Chicago.

The transaction was completed November 21, 2017.

The principals of Delancey Street Partners have significant experience serving the Healthcare industry. To learn about our experience in Healthcare, please click here.

For additional information about this transaction, please contact:

B. Andrew Schmucker
Managing Partner
484.533.6313
aschmucker@delanceyllc.com
William J. Filip
Managing Director
484.533.6312
wfilip@delanceyllc.com

Delancey Street Partners

Our offices are located in the suburbs of Philadelphia:
Five Tower Bridge, Suite 420 | 300 Barr Harbor Drive | West Conshohocken, PA 19428
(484) 533-6300

© 2017 Delancey Street Partners, LLC | Disclosures

Securities offered through SSG Capital Advisors, LLC. Member SIPC | Member FINRA, all other transactions effectuated through Delancey Street Partners, LLC