Daily News: July 23, 2012

Harris Williams Advises Caprion in Sale to Chicago Growth Partners


Harris Williams & Co. announced the sale of Caprion Proteomics, Inc., a provider of integrated proteomic biomarker and target identification solutions and immune monitoring services, to Chicago Growth Partners (CGP). Caprion was a portfolio company of Great Point Partners (GPP). Harris Williams acted as an advisor to Caprion.

The transaction closed on July 19, 2012 and was led by James Clark, Turner Bredrup, Geoff Smith, Whit Knier and Paul Hepper from the firm’s Healthcare & Life Sciences (HCLS) Group.

“Caprion has established itself as the market leader in providing outsourced proteomic biomarker discovery and immune monitoring services for its growing list of blue-chip pharmaceutical and biotechnology clients. Caprion is well positioned as the pharmaceutical industry continues to outsource critical elements of the drug development process to maximize returns on its research and development spend,” said James Clark, a managing director in Harris Williams & Co.’s HCLS Group.

Caprion is a provider of proteomics services to many of the largest and most successful pharmaceutical and biotechnology companies, as well as several government research institutions. Caprion’s key services include: (i) biomarker discovery, (ii) biomarker validation, (iii) drug target discovery, (iv) advanced immune monitoring services, and (v) clinical diagnostic product development.

For over 25 years and across more than 100 growth companies, the principals of CGP have partnered with quality management teams to help facilitate their growth objectives. CGP executes its growth-focused investment strategy across four industries: education, tech-enabled services, healthcare and industrial growth. CGP currently manages $1.2 billion of committed capital and has offices in Chicago and La Jolla.