Scott Garrett, a former chief executive of Brea-based Beckman Coulter Inc., has a new job.
Garrett has joined Chicago-based Water Street Healthcare Partners as an operating partner, Water Street said Tuesday.
Water Street is a private equity firm that has more than $1 billion under management and invests in healthcare companies.
Garrett served as chief executive of Beckman, a maker of medical diagnostic instruments and supplies, from 2005 until last September, when he stepped down in the wake of a recall of a profitable heart disease test.
Beckman recently agreed to a $6.8 billion buyout by Washington, D.C.-based conglomerate Danaher Corp.
Garrett also has a background in healthcare investing. He previously founded Garrett Capital Advisors.
Water Street has several investments in companies with an Orange County presence, including Plus Diagnostics, a New Jersey medical laboratory provider with an operation in Irvine.
In December, Water Street bought Brea-based healthcare benefit manager New Century Health for an undisclosed price.
