The Water Street team completed three simultaneous investments to form LifeStream in 1999. We merged the assets of the cardiopulmonary division of C.R. Bard, Inc., certain assets of the cardiosurgery business of Minntech Corporation, and privately-held Surgimedics, Inc. The combination created a market leader in cardiopulmonary products. Terumo Corporation, one of the world’s leading medical device manufacturers, bought LifeStream in 2002 to increase its share of the global cardiac surgery products market.