Rigorously Vetted. Enthusiastically Supported.

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.
  • Accuratus Lab Services

    Location: Eagan, MN
    Business: Antimicrobial testing services
    Result: Acquired by Microbiology Research Associates (MRA)
    Accuratus Lab Services
  • Aclara Biosciences

    Location: Hayward, CA
    Business: Microfluidic systems for diagnostics
    Result: Acquired by LabCorp
    Aclara BioSciences, Inc.
  • Agilux Laboratories

    Location: Worcester, MA
    Business: Bioanalytical services for drug discovery and development
    Result: Acquired by Charles River Laboratories
    Agilux Laboratories
  • Alexis

    Location: San Diego, CA
    Business: Reagents for life science researchers
    Result: Acquired by Qbiogene
    Alexis Biochemicals
  • Assay Designs

    Location: Ann Arbor, MI
    Business: Detection kits for drug discovery
    Result: Acquired by Enzo Biochem
    Assay Designs
  • Avista Pharma Solutions

    Location: Durham, NC
    Business: Contract development and manufacturing of small molecule drugs
    Avista Pharma Solutions
  • Bako

    Location: Alpharetta, GA
    Business: Podiatric pathology
    Bako Integrated Physician Solutions
  • BioClinica

    Location: Newtown, PA
    Business: Core Lab and eClinical Solutions for Clinical Trials
    Result: Acquired by Cinven
    BioClinica
  • Bioventus

    Location: Durham, NC
    Business: Orthopaedic biologics
    Bioventus
  • Brammer Bio

    Location: Lexington, MA and Alachua, FL
    Business: Clinical and commercial contract development and manufacturing of complex biologics (gene and cell therapy)
    Brammer Bio
  • ChanTest

    Location: Cleveland, OH
    Business: Cardiac safety and drug discovery screening services
    Result: Acquired by Charles River Laboratories, Inc.
    ChanTest
  • Confluent Medical Technologies

    Location: Fremont, CA
    Business: Outsourced design and manufacturing services for the medical device industry
    Confluent Medical Technologies
  • CoreLab Partners

    Location: Princeton, NJ
    Business: Clinical trial imaging and cardiac safety
    Result: Merged with BioClinica (Nasdaq: BIOC)
    CoreLab Partners
  • Corpus Medical

    Location: Campbell, CA
    Business: Contract development and manufacturing of medical devices and delivery systems
    Result: Acquired by Confluent
    Corpus Medical
  • CRI Lifetree

    Location: Philadelphia, PA
    Business: Specialty clinical research organization
    Result: Acquired by PRA
    CRI Lifetree
  • CutisPharma

    Location: Wilmington, MA
    Business: Unit-of-use prescription compounding kits
    Result: Acquired by NovaQuest
    CutisPharma
  • Detector Technology

    Location: Palmer, MA
    Business: Contract manufacturer of mass spectrometry components
    Detector Technology
  • Dynex Technologies

    Location: Chantilly, VA
    Business: Diagnostic instrument business
    Result: Acquired by PE firm
    Dynex Technologies
  • Elite One Source Nutrisciences

    Location: Missoula, MT
    Business: Nutritional supplement and nutraceutical contract manufacturer Result: Acquired by DCC
    Elite One Source Nutrisciences
  • ETE Medical

    Location: Warwick, RI and Sunnyvale, CA
    Business: Contract manufacturer of textile biomaterials and specialty plastic components for medical products
    Result: Acquired by Confluent
    ETE Medical
  • GENEWIZ

    Location: South Plainfield, NJ and Suzhou, China
    Business: Contract genomics services
    Result: Acquired by Brooks Automation
    GENEWIZ
  • Genoptix

    Location: Carlsbad, CA
    Business: Cancer diagnostics laboratory
    Result: Acquired by NeoGenomics
    Genoptix
  • Gyros Protein Technologies

    Location: Tucson, AZ and Uppsala, Sweden
    Business: Provider of sample prep, synthesis and bioanalytical tools for discovery, development and manufacturing of biotherapeutics
    Gyros Protein Technologies
  • Innovative Food Processors

    Location: Faribault, MN
    Business: Custom powders for nutritional supplement and nutraceutical ingredient companies
    Result: Acquired by Balchem
    Innovative Food Processors
  • Key Biologics

    Location: Memphis, TN
    Business: Biological raw materials for cell-based therapeutics
    Key Biologics
  • LakePharma

    Location: Belmont, CA and Worcester, MA
    Business: Biologics Contract Research Organization providing services to the pharmaceutical and biotechnology markets
    LakePharma
  • Magellan Diagnostics

    Location: North Billerica, MA
    Business: Point-of-care analyzer business
    Result: Acquired by Meridian Bioscience
    Magellan Diagnostics
  • MedPharm Ltd.

    Location: Guildford, UK
    Business: Contract formulation, development and manufacturing of topical and transdermal prescription pharmaceutical products
    MedPharm
  • MedVenture Technology

    Location: Jeffersonville, IN
    Business: Outsourced developer and manufacturer of disposable medical devices
    Result: Acquired by Helix Medical
    MedVenture Technology
  • NEOMED-LABS

    Location: Quebec, Canada
    Business: Clinical Immunology Services
    NEOMED-LABS
  • Nexcelom Bioscience

    Location: Lawrence, MA
    Business: Manufacturer of automated cell counting and analysis instruments
    Nexcelom Bioscience
  • NOVEX

    Location: San Diego, CA
    Business: Electrophoresis systems
    Result: Acquired by Invitrogen (Nasdaq: IVGN)
    Invitrogen Life Technologies
  • Ortho Organizers

    Location: Carlsbad, CA
    Business: Specialty dental products
    Result: Acquired by Henry Schein Inc. (Nasdaq: HSIC)
    Ortho Organizers
  • Panacos Pharmaceuticals

    Location: Watertown, MA and Gaithersburg, MD
    Business: Developer of antiviral drugs and vaccines
    Result: Merged with Vitex (Nasdaq: VITX)
    Panacos Pharmaceuticals
  • Roadrunner Pharmacy

    Location: Phoenix, AZ
    Business: Veterinary Pharmacy
    Result: Acquired by Vets First Choice
    Roadrunner Pharmacy
  • Sanova Dermatology

    Location: Austin, TX
    Business: Dermatology practice management
    Sanova Dermatology
  • Signature Genomic Laboratories

    Location: Spokane, WA
    Business: Molecular cytogenetics
    Result: Acquired by PerkinElmer
    Signature Genomic Laboratories
  • Stereotaxis (Nasdaq: STXS)

    Location: St. Louis, MO
    Business: Magnetic-based microsurgical tools
    Result: IPO
    Stereotaxis (Nasdaq: STXS)
  • Talecris Biotherapeutics (Grifols, SA)

    Location: Research Triangle Park, NC
    Business: Pharmaceutical development and manufacturing
    Result: Acquired by Grifols, S.A. (Nasdaq: GRFS)
    Talecris Biotherapeutics
  • TREK Diagnostic Systems

    Location: Cleveland, OH
    Business: Provider of products for microbiology labs
    Result: Acquired by Thermo Fisher Scientific
    TREK Diagnostic Systems
  • TriPath Imaging (Nasdaq: TPTH)

    Location: Burlington, NC
    Business: Cervical cancer screening systems
    Result: AutoCyte IPO 1997. TriPath Merger 1999
    TriPath Imaging
  • Viracor-IBT Laboratories

    Location: Lee's Summit, MO
    Business: Molecular virology and immunology
    Result: Acquired by Eurofins
    Viracor-IBT Laboratories
  • Accuratus Lab Services

    Location: Eagan, MN
    Business: Antimicrobial testing services
    Result: Acquired by Microbiology Research Associates (MRA)
    Accuratus Lab Services
  • Aclara Biosciences

    Location: Hayward, CA
    Business: Microfluidic systems for diagnostics
    Result: Acquired by LabCorp
    Aclara BioSciences, Inc.
  • Agilux Laboratories

    Location: Worcester, MA
    Business: Bioanalytical services for drug discovery and development
    Result: Acquired by Charles River Laboratories
    Agilux Laboratories
  • Alexis

    Location: San Diego, CA
    Business: Reagents for life science researchers
    Result: Acquired by Qbiogene
    Alexis Biochemicals
  • Assay Designs

    Location: Ann Arbor, MI
    Business: Detection kits for drug discovery
    Result: Acquired by Enzo Biochem
    Assay Designs
  • Avista Pharma Solutions

    Location: Durham, NC
    Business: Contract development and manufacturing of small molecule drugs
    Avista Pharma Solutions
  • Bako

    Location: Alpharetta, GA
    Business: Podiatric pathology
    Bako Integrated Physician Solutions
  • BioClinica

    Location: Newtown, PA
    Business: Core Lab and eClinical Solutions for Clinical Trials
    Result: Acquired by Cinven
    BioClinica
  • Bioventus

    Location: Durham, NC
    Business: Orthopaedic biologics
    Bioventus
  • Brammer Bio

    Location: Lexington, MA and Alachua, FL
    Business: Clinical and commercial contract development and manufacturing of complex biologics (gene and cell therapy)
    Brammer Bio
  • ChanTest

    Location: Cleveland, OH
    Business: Cardiac safety and drug discovery screening services
    Result: Acquired by Charles River Laboratories, Inc.
    ChanTest
  • Confluent Medical Technologies

    Location: Fremont, CA
    Business: Outsourced design and manufacturing services for the medical device industry
    Confluent Medical Technologies
  • CoreLab Partners

    Location: Princeton, NJ
    Business: Clinical trial imaging and cardiac safety
    Result: Merged with BioClinica (Nasdaq: BIOC)
    CoreLab Partners
  • Corpus Medical

    Location: Campbell, CA
    Business: Contract development and manufacturing of medical devices and delivery systems
    Result: Acquired by Confluent
    Corpus Medical
  • CRI Lifetree

    Location: Philadelphia, PA
    Business: Specialty clinical research organization
    Result: Acquired by PRA
    CRI Lifetree
  • CutisPharma

    Location: Wilmington, MA
    Business: Unit-of-use prescription compounding kits
    Result: Acquired by NovaQuest
    CutisPharma
  • Detector Technology

    Location: Palmer, MA
    Business: Contract manufacturer of mass spectrometry components
    Detector Technology
  • Dynex Technologies

    Location: Chantilly, VA
    Business: Diagnostic instrument business
    Result: Acquired by PE firm
    Dynex Technologies
  • Elite One Source Nutrisciences

    Location: Missoula, MT
    Business: Nutritional supplement and nutraceutical contract manufacturer Result: Acquired by DCC
    Elite One Source Nutrisciences
  • ETE Medical

    Location: Warwick, RI and Sunnyvale, CA
    Business: Contract manufacturer of textile biomaterials and specialty plastic components for medical products
    Result: Acquired by Confluent
    ETE Medical
  • GENEWIZ

    Location: South Plainfield, NJ and Suzhou, China
    Business: Contract genomics services
    Result: Acquired by Brooks Automation
    GENEWIZ
  • Genoptix

    Location: Carlsbad, CA
    Business: Cancer diagnostics laboratory
    Result: Acquired by NeoGenomics
    Genoptix
  • Gyros Protein Technologies

    Location: Tucson, AZ and Uppsala, Sweden
    Business: Provider of sample prep, synthesis and bioanalytical tools for discovery, development and manufacturing of biotherapeutics
    Gyros Protein Technologies
  • Innovative Food Processors

    Location: Faribault, MN
    Business: Custom powders for nutritional supplement and nutraceutical ingredient companies
    Result: Acquired by Balchem
    Innovative Food Processors
  • Key Biologics

    Location: Memphis, TN
    Business: Biological raw materials for cell-based therapeutics
    Key Biologics
  • LakePharma

    Location: Belmont, CA and Worcester, MA
    Business: Biologics Contract Research Organization providing services to the pharmaceutical and biotechnology markets
    LakePharma
  • Magellan Diagnostics

    Location: North Billerica, MA
    Business: Point-of-care analyzer business
    Result: Acquired by Meridian Bioscience
    Magellan Diagnostics
  • MedPharm Ltd.

    Location: Guildford, UK
    Business: Contract formulation, development and manufacturing of topical and transdermal prescription pharmaceutical products
    MedPharm
  • MedVenture Technology

    Location: Jeffersonville, IN
    Business: Outsourced developer and manufacturer of disposable medical devices
    Result: Acquired by Helix Medical
    MedVenture Technology
  • NEOMED-LABS

    Location: Quebec, Canada
    Business: Clinical Immunology Services
    NEOMED-LABS
  • Nexcelom Bioscience

    Location: Lawrence, MA
    Business: Manufacturer of automated cell counting and analysis instruments
    Nexcelom Bioscience
  • NOVEX

    Location: San Diego, CA
    Business: Electrophoresis systems
    Result: Acquired by Invitrogen (Nasdaq: IVGN)
    Invitrogen Life Technologies
  • Ortho Organizers

    Location: Carlsbad, CA
    Business: Specialty dental products
    Result: Acquired by Henry Schein Inc. (Nasdaq: HSIC)
    Ortho Organizers
  • Panacos Pharmaceuticals

    Location: Watertown, MA and Gaithersburg, MD
    Business: Developer of antiviral drugs and vaccines
    Result: Merged with Vitex (Nasdaq: VITX)
    Panacos Pharmaceuticals
  • Roadrunner Pharmacy

    Location: Phoenix, AZ
    Business: Veterinary Pharmacy
    Result: Acquired by Vets First Choice
    Roadrunner Pharmacy
  • Sanova Dermatology

    Location: Austin, TX
    Business: Dermatology practice management
    Sanova Dermatology
  • Signature Genomic Laboratories

    Location: Spokane, WA
    Business: Molecular cytogenetics
    Result: Acquired by PerkinElmer
    Signature Genomic Laboratories
  • Stereotaxis (Nasdaq: STXS)

    Location: St. Louis, MO
    Business: Magnetic-based microsurgical tools
    Result: IPO
    Stereotaxis (Nasdaq: STXS)
  • Talecris Biotherapeutics (Grifols, SA)

    Location: Research Triangle Park, NC
    Business: Pharmaceutical development and manufacturing
    Result: Acquired by Grifols, S.A. (Nasdaq: GRFS)
    Talecris Biotherapeutics
  • TREK Diagnostic Systems

    Location: Cleveland, OH
    Business: Provider of products for microbiology labs
    Result: Acquired by Thermo Fisher Scientific
    TREK Diagnostic Systems
  • TriPath Imaging (Nasdaq: TPTH)

    Location: Burlington, NC
    Business: Cervical cancer screening systems
    Result: AutoCyte IPO 1997. TriPath Merger 1999
    TriPath Imaging
  • Viracor-IBT Laboratories

    Location: Lee's Summit, MO
    Business: Molecular virology and immunology
    Result: Acquired by Eurofins
    Viracor-IBT Laboratories