Ampersand Capital Partners has invested in Lexington Medical, according to a news release.
Lexington, founded in 2013 and based in Bedford, Massachusetts, is a developer of surgical stapling solutions.
Ampersand, founded in 1988 and based in Wellesley, Massachusetts, is a middle market private equity firm with a focus on growth equity investments in the healthcare sector within North America, Europe and the Asia–Pacific region. The firm typically pursues majority or minority positions in companies generating between $10 million and $200 million in revenue.
Terms of the investment were not disclosed.
