Ampersand Capital Partners


Ampersand Capital Partners is a middle-market private equity firm (founded 1988) focused on growth-oriented investments in healthcare and life sciences. The firm invests via minority and majority equity positions and works with founders, management teams, and boards to drive organic growth, bolt-on M&A, and operational improvements. Ampersand manages approximately $3 billion in assets and builds companies across laboratory products, laboratory services, contract manufacturing, pharma services, and specialty products.

Industries

angel-investment
finance
financial-services
health-care
venture-capital-b37d

Nr. of Employees

small (1-50)

Ampersand Capital Partners

One Post Office Square, Suite 2900, Boston, MA 02109, United States


Portfolio

Founded as a spin-out from UMC Utrecht in 2008; served >130 clinical trials and enrolled >200,000 patients across ~40 countries. Ampersand led a majority recapitalization in 2023 to expand geographic footprint and therapeutic expertise.

#Pharma Services / CRO (clinical trial services)

Received an $18.5M growth equity investment led by Ampersand in 2023 to expand retroviral, lentiviral and AAV manufacturing capabilities; operates a qualified 25,000 sq ft GMP viral vector facility in Fishers, Indiana.

#Pharma Services / CDMO (viral vector manufacturing)

Provider of GLP-compliant necropsy, histology, pathology and archiving services; leadership update reported in 2024.

#Laboratory Services (histology, pathology, image analysis)

Commercial biologics CDMO focused on development and cGMP manufacture of biopharmaceuticals; partnership announced in 2025.

#Pharma Services / CDMO (biologics)

Invested to support capacity and capability expansion, including new labs in North America and Europe and a headquarters in Burlington, MA.

#Laboratory Services / CRO (analytical services for biologics & gene therapies)

Provides pharmaceutical development and manufacturing services for small and large molecules; Ampersand has supported growth and board engagement.

#Pharma Services / CDMO (development and manufacturing)

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