Water Street partnered with Sarnova’s founder in 2008 to simultaneously invest in and merge two specialty distributors – Bound Tree Medical and Tri-anim Health Services. The combination immediately established Sarnova as a strong national platform for healthcare specialty sales and distribution. Over the next 10 years, Water Street facilitated eight strategic acquisitions to expand Sarnova’s suite of medical products and services. We invested in the company’s infrastructure, enhanced its technology and extended its national footprint. In 10 years, Sarnova doubled its customer base, grew its revenues 50+ percent and nearly doubled its employees. In 2018, Water Street sold Sarnova to Patricia Industries, a part of Investor AB.

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