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Announced

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Water Street completed the investment in MedSpeed.

Synopsis

Water Street, a private equity investment firm based in Chicago, Illinois, completed the investment in MedSpeed, a provider of same-day logistics services to the health care industry. Financial terms were not disclosed. "We founded MedSpeed because we believed logistics could be leveraged as a tool to improve health care. Our team has developed logistics solutions that are helping our customers increase efficiency and deliver care to patients. We are committed to supporting our customers in fulfilling their missions and are honored by the trust they place in us. Partnering with Water Street is the next powerful step in advancing our vision of making an even greater impact on health care," Jake Crampton, MedSpeed Founder and CEO.

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