New England Partners

investment firm

About

New England Partners is out of business. It is a private equity and venture capital firm that invests in early, mid, and late stage

  • Quincy,Massachusetts,United States

Details

Industries
Venture Capital
Operating Status
Active
Investor Type
PE

New England Partners is out of business. It is a private equity and venture capital firm that invests in early, mid, and late stage companies. The firm also participates in all stages of equity financing needs, from a first institutional round of equity to a mezzanine round before an IPO. It makes equity investments in technology, healthcare, and consumer product sectors. Within the technology sector, the firm concentrates on Internet, software, hardware, and communications industries. In healthcare, it targets biopharmaceutical, biotechnology, medical device, and e-health companies. For consumer products, the firm seeks to invest in companies that can offer distinctive products in a mass-market retail channel setting. It typically, invests between $5,00,000 and $10 million. However, the firm also syndicates with other venture capital or strategic investors for companies with greater financial needs. It prefers to acquire a board seat in its portfolio companies. The firm exits its portfolio companies by way of a sale to a financial investor or strategic buyer, IPO, or through recapitalization. It is a licensed Small Business Investment Company. New England Partners was founded in 1992 and is headquartered in Quincy, Massachusetts with additional office in Boston, Massachusetts

Investments

Number of Investments
Number of Lead Investments
16
1
New England Partners has made 16 investments. Their most recent investment was on Nov 29, 2006, when Magellan Diagnostics raised $50M.
Date Company Name
Round Money Raised Industry Lead Investor
Private Equity(PE) $50M Health Care
Series A $2M Biotechnology Yes
Jul 16, 2004 ChipWrights
Series D $13.60M Manufacturing
Post-IPO Equity $18.30M Biotechnology
Series C $43M Health Care

Employee Profiles

Number of Employee Profiles
1
New England Partners has 1 current employee profiles, including Employee David A. R. Dullum

Exits

New England Partners has had 8 exits. New England Partners most notable exits include Magellan Diagnostics ,   Medivance

Date Company Name Exit Type Industry
Mar 29, 2016 Magellan Diagnostics M&A Health Care Detail
Nov 10, 2011 Medivance M&A Biotechnology Detail
Feb 7, 2011 OmniSonics Medical Technologies M&A Health Care Detail
Oct 17, 2005 Goldpocket Interactive M&A Enterprise Software Detail
Jun 10, 2005 Panacos Pharmaceuticals IPO Biotechnology Detail

Acquisition

New England Partners has acquired 1 organizations. Their most recent acquisition was Brigham on Apr 21, 2004. They acquired Brigham for 0.

Date Company Name
Industry Acquisition Type Price
Apr 21, 2004 Brigham
Food and Beverage acquisition Detail