Consistent with our theme of increasing specialization as a source of differentiated performance, Ampersand’s Healthcare portfolio has been focused around several overlapping industry clusters where our multiple prior successes give us a competitive edge. Most of our portfolio companies have revenues between $10 and $100 million at the time of Ampersand’s investment. We typically invest between $10 and $30 million and years of operational expertise to drive each investment toward success.

  • Current Companies
  • Current Companies
  • Past Companies

Representative companies in our current portfolio include:

Selected companies from our past portfolio include:

Accuratus Lab Services

Location: Eagan, MN

Business: Antimicrobial testing services

Aclara Biosciences

Location: Hayward, CA

Business: Microfluidic systems for diagnostics

Result: Acquired by LabCorp

Agilux Laboratories

Location: Worcester, MA

Business: Bioanalytical services for drug discovery and development


Location: San Diego, CA

Business: Reagents for life science researchers

Result: Sold to Qbiogene

Assay Designs

Location: Ann Arbor, MI

Business: Detection kits for drug discovery

Result: Sold to Enzo Biochem


Location: Alpharetta, GA

Business: Podiatric pathology


Location: Newtown, PA

Business: Core Lab and eClinical Solutions for Clinical Trials


Location: Durham, NC

Business: Orthopaedic biologics

Blue Sky BioServices

Location: Worcester, MA

Business: Contract Research Organization and provider of drug discovery solutions


Location: Cleveland, OH

Business: Cardiac safety and drug discovery screening services

Result: Sold to Charles River Laboratories, Inc.

CoreLab Partners

Location: Princeton, NJ

Business: Clinical trial imaging and cardiac safety

Result: Merged with BioClinica (Nasdaq: BIOC)

CRI Lifetree

Location: Philadelphia, PA

Business: Specialty clinical research organization

Result: Sold to PRA


Location: Wilmington, MA

Business: Unit-of-use prescription compounding kits

Dynex Technologies

Location: Chantilly, VA

Business: Diagnostic instrument business

Elite One Source Nutrisciences

Location: Chino, CA

Business: Nutritional supplement and nutraceutical contract manufacturer

ETE Medical

Location: Warwick, RI and Sunnyvale, CA

Business: Contract manufacturer of textile biomaterials and specialty plastic components for medical products

Florida Biologix

Location: Alachua, FL

Business: Outsourced development and manufacturing of complex biologic products (gene and cell therapy)

Innovative Food Processors

Location: Faribault, MN

Business: Custom powders for nutritional supplement and nutraceutical ingredient companies

Magellan Diagnostics

Location: North Billerica, MA

Business: Point-of-care analyzer business

MedVenture Technology

Location: Jeffersonville, IN

Business: Outsourced developer and manufacturer of disposable medical devices

Result: Sold to Helix Medical.

Nitinol Devices & Components

Location: Fremont, CA

Business: Outsourced design and manufacturing services for the medical device industry


Location: San Diego, CA

Business: Electrophoresis systems

Result: Sold to Invitrogen (Nasdaq: IVGN)

Ortho Organizers

Location: Carlsbad, CA

Business: Specialty dental products

Result: Sold to Henry Schein Inc. (Nasdaq: HSIC)

Panacos Pharmaceuticals

Location: Watertown, MA and Gaithersburg, MD

Business: Developer of antiviral drugs and vaccines

Result: Merged with Vitex (Nasdaq: VITX)

Protein Technologies, Inc.

Location: Tucson, AZ

Business: Developer and manufacturer of automated peptide synthesis instruments

Roadrunner Pharmacy

Location: Phoenix, AZ

Business: Veterinary Pharmacy

Signature Genomic Laboratories

Location: Spokane, WA

Business: Molecular cytogenetics

Result: Sold to PerkinElmer

Stereotaxis (Nasdaq: STXS)

Location: St. Louis, MO

Business: Magnetic-based microsurgical tools

Result: IPO

Talecris Biotherapeutics (Grifols, SA)

Location: Research Triangle Park, NC

Business: Pharmaceutical development and manufacturing

Result: Sold to Grifols, S.A. (Nasdaq: GRFS)

TREK Diagnostic Systems

Location: Cleveland, OH

Business: Provider of products for microbiology labs

Result: Sold to Thermo Fisher Scientific

TriPath Imaging (Nasdaq: TPTH)

Location: Burlington, NC

Business: Cervical cancer screening systems

Result: AutoCyte IPO 1997. TriPath Merger 1999

Viracor-IBT Laboratories

Location: Lee's Summit, MO

Business: Molecular virology and immunology

Result: Sold to Eurofins