Water Street appoints Deepak Batheja chief information officer

Healthcare Company Hires IT Leader to Launch Innovative Technology Strategies to Support Business Growth Goals

CHICAGO, August 23, 2022 /PRNewswire/ — Water Street Healthcare Partners, a strategic investor focused exclusively on the healthcare industry, today announced that it has appointed Deepak Batheja as Chief Information Officer. Mr. Batheja will be instrumental in supporting the Water Street family of companies in their value creation objectives. He will also lead the healthcare company’s information technology, digital and cybersecurity operations. Mr. Batheja will assume the role of Paul T. Cotteywho announced his retirement earlier this year and will help with the transition.

Mr. Batheja said:

“Water Street’s deep focus on leveraging operational and industry expertise to achieve its goal of building companies into healthcare market leaders is a key reason I joined the team. This role gives me a meaningful opportunity to share my experience developing IT and digital strategies to support business growth goals.I am also honored to contribute to Water Street’s goal of having a positive impact on healthcare. health, an area that is deeply personal to me.

Mr. Batheja brings more than 30 years of technology operations experience to Water Street. He recently transformed the technology platforms and operations of two major US healthcare organizations. He was also CIO for numerous companies owned by global private equity firms, where he aligned IT to support their expansion plans. Mr. Batheja started his career at Bell Labs before joining Deloitte Consulting. His leadership and innovation have been recognized by leading technology publications, including Computerworld and InformationWeek.

Tim DuganManaging Partner, Water Street, said:

“Deepak’s extensive experience leading the IT operations of numerous companies, including those owned by global private equity firms, will provide Water Street companies with valuable perspective. His service in leadership positions similar to the roles of CIO in our network means he can understand their unique challenges and bring ideas that meet their goals.”

In his new role, Mr. Batheja will join the Corporate Resources Group, which is made up of functional specialists dedicated to supporting Water Street businesses in their growth objectives.

About Water Street

Water Street is a strategic investor focused exclusively on healthcare. The company has a strong track record of building market-leading businesses in key healthcare growth sectors. She has worked with some of the world’s largest healthcare companies on her investments, including Johnson & Johnson, Medtronic, Smith & Nephew and Walgreen Co. The Water Street team is comprised of industry leaders and professionals experienced investment professionals with decades of experience investing in and operating global healthcare businesses. The company is headquartered in Chicago. For more information on Water Street, visit waterstreet.com.

SOURCE Water Street Healthcare Partners