Thompson Street Capital Partners Acquires LifeSpan Biosciences (LSBio)

Thompson Street Capital Partners Makes Growth Investment in Sabai Global

February 6, 2023

Healthcare Services

Thompson Street Capital Partners (TSCP) completed a growth investment in Sabai Global, a Chesterfield, Missouri-based provider of biosafety consulting, regulatory review, and central IRB services for clinical research. The investment will support Sabai’s continued expansion of services—particularly in cell and gene therapy—across pharmaceutical sponsors, CROs, academic health systems, and clinical research site networks.

EQT Acquires LSP (Life Sciences Partners)

November 10, 2021

Financial Services

EQT AB has acquired LSP (Life Sciences Partners), a leading European life-sciences venture capital firm, in a transaction that creates a new EQT Life Sciences business line. The deal values the upfront consideration at EUR 450 million (25% cash / 75% EQT shares) with a EUR 25 million earn‑out paid on meeting fundraising targets (total consideration EUR 475 million at close); LSP's 34-person team and partners join EQT to strengthen its healthcare investing capabilities.

Isto Biologics (TSCP Portfolio) Acquires TheraCell

April 5, 2022

Medical Devices

Isto Biologics, a portfolio company of Thompson Street Capital Partners, has acquired TheraCell, a Los Angeles–based regenerative medicine company known for its TheraFuze DBF bone-fiber technology. The deal expands Isto's orthobiologics product portfolio—adding TheraCell's proprietary spinal repair technologies to Isto's Influx line—and aims to accelerate surgical adoption through Isto's commercial and clinical teams. Terms were not disclosed.

Public Pension Capital Invests in Life Science Outsourcing, Inc.

January 25, 2021

Medical Devices

Public Pension Capital, a New York-based private equity fund, made an investment in Life Science Outsourcing, Inc., a Brea, California-based contract manufacturer serving medical device companies. The transaction, completed January 25, 2021, will support LSO's medical package testing, validation, sterilization and distribution services and help accelerate the company's growth and capacity to serve device startups and larger OEMs.

Thompson Street Capital Partners Makes Growth Investment in OpenClinica

February 21, 2023

Healthcare Services

Thompson Street Capital Partners (TSCP) has completed a growth investment in OpenClinica, a Waltham, Massachusetts–based cloud-first eClinical platform that automates clinical data capture and integrates with EHRs. The investment will support OpenClinica’s expansion of its Unite EHR-connected network and the company’s broader product and market growth; terms were not disclosed.

Trinity Life Sciences Acquires CBPartners

October 7, 2021

Healthcare Services

Trinity Life Sciences has acquired New York–headquartered CBPartners to significantly scale its Value, Access and Pricing business, adding over 75 dedicated experts and expanding Trinity's presence in New York City, San Francisco and London. The acquisition augments Trinity's market access, pricing and commercial strategy capabilities to better support life sciences companies in bringing products to market and ensuring patient access globally.