Ampersand Capital Partners Invests in iuvo BioScience

September 28, 2022

Ampersand Capital Partners has agreed to acquire a stake in iuvo BioScience, a Rochester-based specialty CRO that provides laboratory, preclinical, clinical development, and scientific consulting services. The investment will fund expansion of iuvo's integrated service portfolio and laboratory capacity and support an active inorganic (add-on) growth strategy; founders Ben Burton and Mary Richardson will remain in leadership roles and as shareholders.

Buyers
Ampersand Capital Partners
Targets
iuvo BioScience
Location
New York, United States
Transaction Type
Growth capital

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