Avesi Partners has announced it has invested in Danforth Advisors.
Danforth, based in Waltham, Mass., is a provider of strategic and operational finance and accounting for life science companies. The company states that it has served more than 750 private and public life science companies across the sectors of drug discovery and development, medical devices, precision medicine and digital health.
Avesi, based in Stamford, Conn., is a private equity firm focused on healthcare services, healthcare technology and business services. Founded in 2021, the firm is targeting lower middle market companies with about $10 million to $30 million of EBITDA.
Terms of the investment were not disclosed.