Water Street and JLL Partners acquires THREAD.

Private equity firms Water Street Healthcare Partners and JLL Partners acquired THREAD, a provider of technology that enables virtual research approaches to modernize clinical studies and registries. Financial terms were not disclosed. “Water Street and JLL are the ideal partners for THREAD to accelerate our strategic expansion and solutions to our customers. Their life science expertise and resources will enable us to grow in a thoughtful way that will benefit all of our customers,” Jeff Frazier, THREAD Founder and CEO.