Venture • Healthcare Services

Chicago Growth Partners Invests In Genoptix

On August 10, 2005, growth capital firm Chicago Growth Partners invested in healthcare services company Genoptix for 17M USD

Investment Context
  • This is Chicago Growth Partners’ 1st transaction in the Healthcare Services sector.
  • This is Chicago Growth Partners’ 4th largest (disclosed) transaction.
  • This is Chicago Growth Partners’ 12th transaction in the United States.
  • This is Chicago Growth Partners’ 6th transaction in California.
Investment Fate
  • Genoptix was sold to a publicly-traded strategic buyer in 2011 for 470M USD.
  • Genoptix was divested to a consortium of buyers in 2017.
  • Genoptix was sold to a publicly-traded strategic buyer in 2018 for 126M USD.

Explore All 131 Venture Healthcare Services Deals - Search the Database Free


Investment Summary

Date August 10, 2005
Target Genoptix
Sector Healthcare Services
Investor(s) Chicago Growth Partners
Deal Type Venture
Deal Value 17M USD

Target Company

Genoptix

Carlsbad, California, United States
Genoptix, Inc. is one of the largest hematopathology testing laboratories in the U.S., providing thousands of oncologists and pathologists across the United States with comprehensive testing solutions in hematology and solid tumor molecular profiling. Genoptix, Inc. was founded in 1999 and is based in Carlsbad, California.
Explore More Deals

Browse All 215,262 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investor Overview 1

Investor

Chicago Growth Partners

Chicago, Illinois, United States

Category Growth Capital Firm
Founded 2004
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Chicago Growth Partners LLC (CGP) was a Chicago-based based private equity firm that provided expansion and buyout capital to middle-market companies generating sales of $15 to $150 million. CGP sought to invest in business services, consumer services, healthcare products/services, and industrial companies. CGP was formed in 2004 as a spin-off of William Blair Capital Partners, the investment group of investment bank William Blair. In 2014, the Firm ceased operations.


Deal Context for Investor #
Overall 12 of 34
Sector: Healthcare Services 1 of 2
Type: Venture 5 of 8
State: California 6 of 10
Country: United States 12 of 33
Year: 2005 2 of 4
Size (of disclosed) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-01 Einstruction

Denton, Texas, United States

Einstruction Corp. is a provider of interactive classroom technology (ICT) and content-based assessment software to the K-12, higher education, corporate and military markets worldwide. eInstruction’s comprehensive suite of products provide an interactive learning environment designed to improve student academic performance, increase efficiency and effectiveness of educators and provide greater information for use by instructors, administrators and parents. Einstruction is based in Denton, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-08 Carpathia Financial Services

West Chester, Pennsylvania, United States

Carpathia Financial Services LLC is a provider of consulting, accounting, staffing and recruiting services.

Buy $26M