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 $50 million and years of operational expertise to drive each investment toward success.Aclara Biosciences
Location: Hayward, CA
Business: Microfluidic systems for diagnostics
Result: Acquired by LabCorp
Adaptas Solutions
Location: Palmer, MA and Sydney, Australia
Business: Contract manufacturer of mass spectrometry components
Agilux Laboratories
Location: Worcester, MA
Business: Bioanalytical services for drug discovery and development
Result: Acquired by Charles River Laboratories
Alcami
Location: Morrisville and Durham, NC
Business: High-Potency API Development & Manufacturing
Alexis
Location: San Diego, CA
Business: Reagents for life science researchers
Result: Acquired by Qbiogene
Arranta Bio
Location: Watertown, MA
Business: Microbiome CDMO
Assay Designs
Location: Ann Arbor, MI
Business: Detection kits for drug discovery
Result: Acquired by Enzo Biochem
Avista Pharma Solutions
Location: Durham, NC
Business: Contract development and manufacturing of small molecule drugs
Result: Acquired by Cambrex
Bako
Location: Alpharetta, GA
Business: Podiatric pathology
Result: Acquired by Consonance
BioClinica
Location: Newtown, PA
Business: Core Lab and eClinical Solutions for Clinical Trials
Result: Acquired by Cinven
Bioventus
Location: Durham, NC
Business: Orthopaedic biologics
Brammer Bio
Location: Lexington, MA and Alachua, FL
Business: Clinical and commercial contract development and manufacturing of complex biologics (gene and cell therapy)
Canopy Biosciences
Location: St. Louis, MO and Leipzig, Germany
Business: Research tools for genetic engineering, molecular biology, and personalized medicine
ChanTest
Location: Cleveland, OH
Business: Cardiac safety and drug discovery screening services
Result: Acquired by Charles River Laboratories, Inc.
Confluent Medical Technologies
Location: Fremont, CA
Business: Outsourced design and manufacturing services for the medical device industry
CoPharma
Location: Hopkington, MA
Business: Contract manufacturer of biopharmaceutical ingredients and purified bulk biologics
Result: Acquired by Cambrex
CoreLab Partners
Location: Princeton, NJ
Business: Clinical trial imaging and cardiac safety
Result: Merged with BioClinica (Nasdaq: BIOC)
Corpus Medical
Location: Campbell, CA
Business: Contract development and manufacturing of medical devices and delivery systems
Result: Acquired by Confluent
CRI Lifetree
Location: Philadelphia, PA
Business: Specialty clinical research organization
Result: Acquired by PRA
CutisPharma
Location: Wilmington, MA
Business: Unit-of-use prescription compounding kits
Result: Acquired by NovaQuest
Dynex Technologies
Location: Chantilly, VA
Business: Diagnostic instrument business
Result: Acquired by PE firm
Elite One Source Nutrisciences
Location: Missoula, MT
Business: Nutritional supplement and nutraceutical contract manufacturer Result: Acquired by DCC
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
GenDX
Location: Utrecht, The Netherlands
Business: In Vitro Diagnostic (IVD) tests, services, and analysis software
GENEWIZ
Location: South Plainfield, NJ and Suzhou, China
Business: Contract genomics services
Result: Acquired by Brooks Automation
Genoptix
Location: Carlsbad, CA
Business: Cancer diagnostics laboratory
Result: Acquired by NeoGenomics
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
Result: Acquired by Mesa Labs
Innovative Food Processors
Location: Faribault, MN
Business: Custom powders for nutritional supplement and nutraceutical ingredient companies
Result: Acquired by Balchem
Interpace Diagnostics
Location: Parsippany, NJ
Business: Oncology-related molecular & biopharma laboratory services
Key Biologics
Location: Memphis, TN
Business: Biological raw materials for cell-based therapeutics
LakePharma
Location: Belmont, CA and Worcester, MA
Business: Biologics Contract Research Organization providing services to the pharmaceutical and biotechnology markets
Magellan Diagnostics
Location: North Billerica, MA
Business: Point-of-care analyzer business
Result: Acquired by Meridian Bioscience
MedPharm Ltd.
Location: Guildford, UK
Business: Contract formulation, development and manufacturing of topical and transdermal prescription pharmaceutical products
MedVenture Technology
Location: Jeffersonville, IN
Business: Outsourced developer and manufacturer of disposable medical devices
Result: Acquired by Helix Medical
N2 Biomedical
Location: Bedford, MA
Business: Medical device coating and surface treatment solutions
New England Peptide
Location: Gardner, MA
Business: Custom peptide synthesis and antibody production
Nexcelom Bioscience
Location: Lawrence, MA
Business: Manufacturer of automated cell counting and analysis instruments
Nexelis
Location: Quebec, Canada and Seattle, WA
Business: Clinical Immunology Services
NOVEX
Location: San Diego, CA
Business: Electrophoresis systems
Result: Acquired by Invitrogen (Nasdaq: IVGN)
Ortho Organizers
Location: Carlsbad, CA
Business: Specialty dental products
Result: Acquired by 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)
Roadrunner Pharmacy
Location: Phoenix, AZ
Business: Veterinary Pharmacy
Result: Acquired by Vets First Choice
Sanova Dermatology
Location: Austin, TX
Business: Dermatology practice management
Signature Genomic Laboratories
Location: Spokane, WA
Business: Molecular cytogenetics
Result: Acquired by PerkinElmer
StageBio
Location: Mount Jackson, Virginia and Mason, Ohio
Business: Histology, Pathology, & Archiving Services
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: Acquired by Grifols, S.A. (Nasdaq: GRFS)
TriPath Imaging (Nasdaq: TPTH)
Location: Burlington, NC
Business: Cervical cancer screening systems
Result: AutoCyte IPO 1997. TriPath Merger 1999
Vibalogics
Location: Cuxhaven, Germany
Business: Contract development and manufacturing organization focused on complex live biological products
Viracor-IBT Laboratories
Location: Lee's Summit, MO
Business: Molecular virology and immunology
Result: Acquired by Eurofins
Aclara Biosciences
Location: Hayward, CA
Business: Microfluidic systems for diagnostics
Result: Acquired by LabCorpAdaptas Solutions
Location: Palmer, MA and Sydney, Australia
Business: Contract manufacturer of mass spectrometry componentsAgilux Laboratories
Location: Worcester, MA
Business: Bioanalytical services for drug discovery and development
Result: Acquired by Charles River LaboratoriesAlcami
Location: Morrisville and Durham, NC
Business: High-Potency API Development & ManufacturingAlexis
Location: San Diego, CA
Business: Reagents for life science researchers
Result: Acquired by QbiogeneArranta Bio
Location: Watertown, MA
Business: Microbiome CDMOAssay Designs
Location: Ann Arbor, MI
Business: Detection kits for drug discovery
Result: Acquired by Enzo BiochemAvista Pharma Solutions
Location: Durham, NC
Business: Contract development and manufacturing of small molecule drugs
Result: Acquired by CambrexBako
Location: Alpharetta, GA
Business: Podiatric pathology
Result: Acquired by ConsonanceBioClinica
Location: Newtown, PA
Business: Core Lab and eClinical Solutions for Clinical Trials
Result: Acquired by CinvenBioventus
Location: Durham, NC
Business: Orthopaedic biologicsBrammer Bio
Location: Lexington, MA and Alachua, FL
Business: Clinical and commercial contract development and manufacturing of complex biologics (gene and cell therapy)Canopy Biosciences
Location: St. Louis, MO and Leipzig, Germany
Business: Research tools for genetic engineering, molecular biology, and personalized medicineChanTest
Location: Cleveland, OH
Business: Cardiac safety and drug discovery screening services
Result: Acquired by Charles River Laboratories, Inc.Confluent Medical Technologies
Location: Fremont, CA
Business: Outsourced design and manufacturing services for the medical device industryCoPharma
Location: Hopkington, MA
Business: Contract manufacturer of biopharmaceutical ingredients and purified bulk biologics
Result: Acquired by CambrexCoreLab Partners
Location: Princeton, NJ
Business: Clinical trial imaging and cardiac safety
Result: Merged with BioClinica (Nasdaq: BIOC)Corpus Medical
Location: Campbell, CA
Business: Contract development and manufacturing of medical devices and delivery systems
Result: Acquired by ConfluentCRI Lifetree
Location: Philadelphia, PA
Business: Specialty clinical research organization
Result: Acquired by PRACutisPharma
Location: Wilmington, MA
Business: Unit-of-use prescription compounding kits
Result: Acquired by NovaQuestDynex Technologies
Location: Chantilly, VA
Business: Diagnostic instrument business
Result: Acquired by PE firmElite One Source Nutrisciences
Location: Missoula, MT
Business: Nutritional supplement and nutraceutical contract manufacturer Result: Acquired by DCCETE Medical
Location: Warwick, RI and Sunnyvale, CA
Business: Contract manufacturer of textile biomaterials and specialty plastic components for medical products
Result: Acquired by ConfluentGenDX
Location: Utrecht, The Netherlands
Business: In Vitro Diagnostic (IVD) tests, services, and analysis softwareGENEWIZ
Location: South Plainfield, NJ and Suzhou, China
Business: Contract genomics services
Result: Acquired by Brooks AutomationGenoptix
Location: Carlsbad, CA
Business: Cancer diagnostics laboratory
Result: Acquired by NeoGenomicsGyros Protein Technologies
Location: Tucson, AZ and Uppsala, Sweden
Business: Provider of sample prep, synthesis and bioanalytical tools for discovery, development and manufacturing of biotherapeutics
Result: Acquired by Mesa LabsInnovative Food Processors
Location: Faribault, MN
Business: Custom powders for nutritional supplement and nutraceutical ingredient companies
Result: Acquired by BalchemInterpace Diagnostics
Location: Parsippany, NJ
Business: Oncology-related molecular & biopharma laboratory servicesKey Biologics
Location: Memphis, TN
Business: Biological raw materials for cell-based therapeuticsLakePharma
Location: Belmont, CA and Worcester, MA
Business: Biologics Contract Research Organization providing services to the pharmaceutical and biotechnology marketsMagellan Diagnostics
Location: North Billerica, MA
Business: Point-of-care analyzer business
Result: Acquired by Meridian BioscienceMedPharm Ltd.
Location: Guildford, UK
Business: Contract formulation, development and manufacturing of topical and transdermal prescription pharmaceutical productsMedVenture Technology
Location: Jeffersonville, IN
Business: Outsourced developer and manufacturer of disposable medical devices
Result: Acquired by Helix MedicalN2 Biomedical
Location: Bedford, MA
Business: Medical device coating and surface treatment solutionsNew England Peptide
Location: Gardner, MA
Business: Custom peptide synthesis and antibody productionNexcelom Bioscience
Location: Lawrence, MA
Business: Manufacturer of automated cell counting and analysis instrumentsNexelis
Location: Quebec, Canada and Seattle, WA
Business: Clinical Immunology ServicesNOVEX
Location: San Diego, CA
Business: Electrophoresis systems
Result: Acquired by Invitrogen (Nasdaq: IVGN)Ortho Organizers
Location: Carlsbad, CA
Business: Specialty dental products
Result: Acquired by 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)Roadrunner Pharmacy
Location: Phoenix, AZ
Business: Veterinary Pharmacy
Result: Acquired by Vets First ChoiceSanova Dermatology
Location: Austin, TX
Business: Dermatology practice managementSignature Genomic Laboratories
Location: Spokane, WA
Business: Molecular cytogenetics
Result: Acquired by PerkinElmerStageBio
Location: Mount Jackson, Virginia and Mason, Ohio
Business: Histology, Pathology, & Archiving ServicesStereotaxis (Nasdaq: STXS)
Location: St. Louis, MO
Business: Magnetic-based microsurgical tools
Result: IPOTalecris Biotherapeutics (Grifols, SA)
Location: Research Triangle Park, NC
Business: Pharmaceutical development and manufacturing
Result: Acquired by Grifols, S.A. (Nasdaq: GRFS)TriPath Imaging (Nasdaq: TPTH)
Location: Burlington, NC
Business: Cervical cancer screening systems
Result: AutoCyte IPO 1997. TriPath Merger 1999Vibalogics
Location: Cuxhaven, Germany
Business: Contract development and manufacturing organization focused on complex live biological productsViracor-IBT Laboratories
Location: Lee's Summit, MO
Business: Molecular virology and immunology
Result: Acquired by Eurofins