Capstone Partners Advises Genesee Scientific Corporation on its Recapitalization with LLR Partners

Capstone Partners advised Genesee Scientific Corporation, a manufacturer and distributor of laboratory products to global life science markets, on its recapitalization with LLR Partners.

Genesee Scientific, founded in 1995 by Ken Fry, is a premier distributor of high-quality life science laboratory products. With thousands of products available, its markets include pharmaceutical and biotechnology companies; colleges, universities, secondary education institutions; medical research institutions, hospitals, reference labs; and quality control, process control, and research and development laboratories. Genesee has warehouses located in San Diego, California and Research Triangle Park, North Carolina. Over the last 26 years, Genesee has grown into one of the largest providers of life science consumables and equipment to the Academic and Biotech markets globally.

The partnership will help enable Genesee’s continued growth through investment in its leading product portfolio, scaling of its national footprint and continued excellence in serving its laboratory customers.

Ken Fry, Founder and CEO, Genesee Scientific, commented

"Our Capstone Partners team performed exceptionally from start to finish. They were responsive, thoughtful, tenacious, insightful, receptive, patient, and unrelenting throughout the process. From the top down, every level of the Capstone team exceeded expectation and I would work with them again without hesitation."

Peter Bailey, Director at Capstone Partners, commented

“Capstone was honored to advise and serve the Genesee shareholders on an important transaction in the Company’s 26-year history. The shareholders have a tremendous passion for their business and an entrepreneurial spirit that was evident in the Company’s growth and during the transaction. Genesee is a unique and scarce asset in the laboratory research & development market, provides exceptional service to its customers, and is poised for significant growth in its partnership with LLR Partners.”