Skip to content
SearchSphereSource
Sign inSign up

PrecisionMed

The Deal

Bought By
Anthony Runco and Eric Leach
Year
Not published by any primary source
Seven backers carry it. The index host dates its own investment to early 2021 and its exit to 2023, and a second backer prints 2021 on its investments list, both backer dates; the others print no year. No page read states when the purchase closed; the company's own notice of July 18, 2023 dates the sale.
Vehicle
West-Atlantic Partners, backed by Peterson Partners, Search Fund Partners, WSC & Company, Aspect Investors, Trilogy Search Partners, Endurance Search Partners and The Cambria Group
Kind
Healthcare

A San Diego-area biobank supplying human biological material, with a specialty in cerebrospinal fluid and oncology tissue, to pharmaceutical, biotechnology, academic and clinical researchers.

What Happened Next

Sold to BioIVT: the company's own notice of July 18, 2023 says it has been acquired by BioIVT, and BioIVT's press page carries the release under the title BioIVT Acquires PrecisionMed. The index host names both as chief executives and records its own exit in 2023; six more backers list the company.

Bought at exit by BioIVT, whose page carries that firm's own announcement of it.

Backed by the Same Firms

Search Fund Partners

WSC & Company

Aspect Investors

Trilogy Search Partners

Peterson Partners

Endurance Search Partners

The Cambria Group

Method & Source

This record is double-sourced: it joined when the purchase and, where the company has traded on, the exit could both be read in primary accounts.

These sources name who runs the business and when the firm invested, rather than saying in a sentence that the searchers bought it. The index host names both as chief executives beside its early-2021 investment and 2023 exit, and a second backer names both as former chief executives beside the fund; five more list the company, the index host's card with a board member. Nothing says either bought it.