
Ampersand Capital Partners
Description
Ampersand Capital Partners is a highly specialized middle-market private equity firm with a singular and dedicated focus on the healthcare sector. Established in 1988, the firm boasts a long and consistent track record of investing in and building leading companies across various segments of healthcare, including outsourced services, diagnostics, life sciences tools, and specialty manufacturing. This deep sector specialization allows Ampersand to leverage extensive industry knowledge and a broad network to identify promising opportunities and support the strategic growth of its portfolio companies.
The firm's investment strategy primarily involves growth equity and buyout transactions, targeting companies with strong fundamentals and significant growth potential. Ampersand distinguishes itself by partnering closely with founders and management teams, providing not only capital but also strategic guidance and operational expertise. Their approach emphasizes driving organic growth, optimizing operational efficiencies, and facilitating strategic add-on acquisitions to create substantial value over their investment horizon.
Ampersand typically deploys significant capital into its portfolio companies. Their equity investments generally range from $20 million to $150 million per transaction, reflecting their focus on established, growing middle-market businesses. The firm has a robust capital base, demonstrated by the successful closing of Ampersand VIII, a fund totaling $1.2 billion, in 2021. This substantial capital allows them to execute complex transactions and provide ample resources for their portfolio companies' expansion initiatives. Their long history and focused strategy underscore their position as a prominent and reliable partner in the healthcare private equity landscape.
Investor Profile
Ampersand Capital Partners has backed more than 69 startups, with 2 new investments in the last 12 months alone. The firm has led 32 rounds, about 46% of its total and boasts 33 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, Germany, The Netherlands.
- Strong thematic focus on Biotechnology, Health Care, Manufacturing.
- Led 2 rounds in the past year.
- Typical check size: $20M – $150M.
Stage Focus
- Private Equity (38%)
- Series Unknown (28%)
- Series A (10%)
- Series B (9%)
- Series D (4%)
- Series C (4%)
- Debt Financing (1%)
- Post Ipo Equity (1%)
- Series F (1%)
- Series E (1%)
Country Focus
- United States (84%)
- Germany (4%)
- The Netherlands (3%)
- Australia (3%)
- New Zealand (1%)
- United Kingdom (1%)
- Spain (1%)
Industry Focus
- Biotechnology
- Health Care
- Manufacturing
- Pharmaceutical
- Medical
- Telecommunications
- Wireless
- Medical Device
- Software
- Life Science
Frequently Asked Questions
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