In March 2021, Mainsail portfolio company, Bio-Optronics was acquired by Advarra, a market leader in regulatory review solutions, research quality and compliance consulting services and clinical site technologies. Mainsail invested in Bio-Optronics in late 2017.
Chris Cassidy and Michael Anderson of Mainsail Partners sat down with Dan Kerpelman, the Founder and CEO of Bio-Optronics, to discuss the partnership and the number of key initiatives that were achieved to help the company grow.
Location: Rochester, NY
CEO: Dan Kerpelman
Website: bio-optronics.com
Certain statements about Mainsail Management Company, LLC (“Mainsail” or “Mainsail Partners”) made by portfolio company executives herein are intended to illustrate Mainsail’s business relationship with such persons, including with respect to Mainsail’s facilities as a business partner, rather than Mainsail’s capabilities or expertise with respect to investment advisory services. Portfolio company executives were not compensated in connection with their participation, although they generally receive compensation and investment opportunities in connection with their portfolio company roles, and in certain cases are also owners of portfolio company securities and/or investors in Mainsail-sponsored vehicles. Such compensation and investments subject participants to potential conflicts of interest in making the statements herein.