Boston Millennia Partners Explained

Boston Millennia Partners
Type:Private ownership
Predecessor:Boston Capital Ventures
Location:Boston, Massachusetts, United States
Industry:Private equity
Products:Venture capital
Assets:$750M

Boston Millennia Partners is a venture capital firm that provides private equity financing to high growth companies in the healthcare and business services industries.[1] The firm is based in Boston, Massachusetts and was formed in 1997 when the founding partners spun out of Boston Capital Ventures to create Boston Millennia Partners. The managers have organized nine separate investment partnerships. Boston Millennia Partners’ investors include institutions, corporate pension programs, as well as non-profit foundations and high-net-worth family offices.

The managers have completed over 100 individual investments and 300 add-on acquisitions over twenty years. Investments include PAREXEL International (PRXL), GlycoFi (acquired by Merck),[2] Ilex (ILXO, acquired by Genzyme),[3] Bright Horizons (BFAM), Verio Inc. (VRIO, acquired by NTT),[4] Odyssey Logistics,[5] Arthrosurface,[6] Athenix (acquired by Bayer CropScience),[7] P&H Solutions (acquired by ACI Worldwide),[8] Nexidia, Inc.,[9] MedAptus, Inc.,[10] and Hotjobs.com (HOTJ, acquired by Yahoo!).

External links

Notes and References

  1. Web site: Boston Millennia's Callow on the state of the VC industry. 17 December 2013. dead. https://web.archive.org/web/20131219025122/http://venturebeat.com/2009/11/18/boston-millennia%E2%80%99s-callow-on-the-state-of-the-vc-industry/. 19 December 2013.
  2. News: GlycoFi grabbed by Merck for $400M. 17 December 2013.
  3. Web site: Genzyme Completes Acquisition of ILEX Oncology, Inc.. 17 December 2013.
  4. News: Verio Acquisition Gives NTT a Global Presence. 17 December 2013 . The Wall Street Journal.
  5. Web site: Odyssey Logistics Adds On. 17 December 2013.
  6. Web site: Boston Millennia Partners Invests in ArthroSurface, Inc.. 17 December 2013.
  7. News: Bayer CropScience to buy RTP neighbor Athenix. 17 December 2013.
  8. Web site: Transaction Systems Architects Closes P H Solutions Acquisition. 17 December 2013.
  9. Web site: Nexidia Secures Over $23 Million In New Equity Funding. 17 December 2013.
  10. News: Investors put a $6M charge into MedAptus. 17 December 2013.