BNET Industries

Last Fiscal Year Sales:$60.9M
  • Private
  • US
Dow Jones Description

Ampersand Ventures traces its lineage to the early days of the private equity industry. Organized in 1969 as an internal technology-focused venture capital investment activity at PaineWebber, Ampersand was founded in 1988 as a spinoff from PaineWebber to step outside of the mainstream by focusing on the Specialty Materials and Chemicals (SMC) industry. Over the past 15+ years we have developed specific investment and operating expertise in a series of SMC-related Target Industries. To date, these Target Industries have included: This differentiated strategy paid off. By the early 1990's, unlike the mainstream, Ampersand's funds were generating results that placed us among the best performers of our vintages a function of our contrarian industry focus and our operations-oriented investment style. Today, Ampersand's team of almost 20 professionals manages more than $800 million. Having grown steadily over the past twenty years, we look to the future with the confidence that our success will continue to accelerate.

Cequent President and CEO
Peter Parker
Number of Employees 22
Contact Information

55 William St Ste 240

Wellesley, Massachusetts 02481

ampersandventur...

(781) 239-0700

NAICS Code Miscellaneous Intermediation: 523910

Recent Events

  • Cequent closes tranche of $15M round

    11/02/09 - New Venture Funded Investment - View Story

  • Cequent closes tranche of $10.8M round

    11/02/09 - New Venture Funded Investment - View Story

Decision Makers

Name (plus bio) Position
Peter Parker Cequent President and CEO
Charlie Yie General Partner
David Parker Venture Partner
Douglas D Rohall Venture Partner
Herbert Hooper General Partner
Laurence McCarthy Venture Partner
Marc Dulude General Partner
Peter H Glick Venture Partner
Peter L Malecha Venture Partner
Rick Charpie Managing General Partner
Stuart Auerbach General Partner
Suzanne E MacCormack Partner
Timothy C. Tuff Venture Partner
Todd M Rainville Partner
Caroline Marple Director of Operations
Cynthia Rossetti Director of Finance
Lucy Marana Office Manager
David D. Jacobs General Counsel
David V Ragone
Eric Feinstein Associate, Dte Team
J David Jacobs General Counsel
Jared J Bartok Principal
Julie Giles Financial Analyst
Loretta M. McClary Tax Counsel
Michael A Moylan Associate
Steven N Farber
Thomas de Jager Associate, Dte Team

Board of Directors

Name (plus bio) Position
Steven C. Walske Advisory Board Member

Mr. Parker is President and CEO of Cequent Pharmaceuticals, Inc. Prior to joining Cequent, Mr. Parker was a General Partner at Ampersand Ventures where he focused on the firm's Life Sciences activities. He has served as a director of numerous companies including ACLARA Biosciences, Tomah Products, VITEX, Magellan Biosciences, Dynex and Pentose Pharmaceuticals and as Chairman of Alexis, NOVEX, CoPharma, Huntington Laboratories, Protein Ingredient Technologies, Cyclis Pharmaceuticals, Nanodyne, Panacos Pharmaceuticals, AC Tech, Boston Heart Lab and TekCel. Prior to Ampersand, Mr. Parker spent fourteen years at AMAX, Inc. where he was President of Climax Performance Materials Corporation and Corporate Director of Research and Development. He holds B.S. and M.S. degrees from Columbia University.

Organization Position Status
Cequent Pharmaceuticals, Inc CEO Current
Ampersand Venture Management LLC Cequent President and CEO Current
Cequent Pharmaceuticals, Inc President Current
Ampersand, Inc. General Partner Current
Tekcel, Inc. Board of Directors Current
Cequent Pharmaceuticals, Inc Board of Directors Current
AMAX Global Services Inc. President Former
Ampersand Venture Management LLC General Partner Former
Ampersand Ventures General Partner Former
AMAX Global Services Inc. director of research and development Former
Protient Chairman Former
Vitex, Inc. Director Former
Columbia University M.S. Degrees Former
Columbia University B.S. Former

Array

Organization Position Status
Ampersand Ventures General Partner Current
Hewlett-Packard Company systems engineer and manufacturing specialist Former
Sierra Concrete Design, Inc. Chairman Current
Moldflow Corporation Chairman Former
Ortho Organizers, Inc. Director Current
Massachusetts Institute of Technology B.S. in Electrical Engineering Former

Dave joined Ampersand in 1994 and served as a General Partner from 1998 to 2007. Prior to joining Ampersand, Dave spent five years consulting at Bain and Mercer and four years in corporate lending at Bank of Boston. Currently, Dave serves as EVP and CFO of Victory Pharma, an Ampersand portfolio company, and as a director of Signature Genomic Labs. He holds a B.A. in Government and Economics from Dartmouth and an M.B.A. from Wharton.

Organization Position Status
Victory Pharma, Inc. CFO Current
Ampersand Ventures General Partner Current
Ampersand Venture Management LLC Venture Partner Current
Ampersand, Inc. Current
Assay Designs, Inc. Chairman Current
Stereotaxis, Inc. Director Current
Ortho Organizers, Inc. Director Current
Victory Pharma, Inc. Executive Vice President Former
Ampersand Venture Management LLC Owner Former
First National Bank of Boston Lending Officer Former
Bank of Boston corporate lending Former
Bain & Mercer Former
Ibt Reference Laboratory 11274 Renner Boulevard Chairman Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former
Dartmouth College B.A. In Government Former

Organization Position Status
Monitor Group Former
Ampersand Venture Management LLC Venture Partner Current
Jmh Capital Managing Director Former

Organization Position Status
Tekcel, Inc. Operating Partner At Tekcel's Lead Investor Current
Cequent Pharmaceuticals, Inc Managing General Partner, Ampersand Ventures Current
Ampersand, Inc. General Partner Current
Ampersand Venture Management LLC General Partner Current
Chantest, Inc. Chairman, Managing General Partner, Ampersand Ventures Current
Ampersand Ventures General Partner Current
Viracor Ibt Laboratories Dr Current
Radpharm, Inc. Chairman Current
Tekcel, Inc. Chairman Current
Magellan Chairman Current
Magellan Biosciences Chairman Current
Victory Pharma, Inc. Board of Directors Current
Ibt Reference Laboratory 11274 Renner Boulevard Board Member Current
Magellan Biosciences Board of Directors Former
Signature Genomic Laboratories, LLC. Director Current
Aclara Biosciences, Inc. Director Current
Aclara Biosciences, Inc. Chief Technology Officer Former
Aclara Biosciences, Inc. Executive Vice President Former
Aclara Biosciences, Inc. Founder Former
Air Products Company Product Manager Former
Air Products & Chemicals, Inc. Product Manager Former
Assay Designs, Inc. Chairman Former
Medifacts International Corporation Director Former
Chantest, Inc. Board of Directors Former
University of California Ph.D. in Chemical Engineering Former
University of California, Berkeley Ph.D. In Chemical Engineering Former
North Carolina State University B.S. In Chemical Engineering Former

Organization Position Status
Ampersand Venture Management LLC Venture Partner Current

Marc joined Ampersand in 2002 and served as General Partner through 2008. Prior to joining Ampersand he spent six years at Moldflow Corporation, an Ampersand portfolio company, where he was Chairman, President and CEO. Marc has nearly two decades of experience as a senior information technology executive, including serving as Senior VP of Marketing at Parametric Technology and in various positions at Nortel. Currently Marc serves as Chairman and CEO of RAND Worldwide, an Ampersand portfolio company. He holds an M.Eng. in Mechanical Engineering from Carleton University.

Organization Position Status
Rand A Technology Corporation CEO Current
Ampersand Venture Management LLC General Partner Current
Ampersand Ventures General Partner Current
Ampersand, Inc. Current
FirstRain, Inc. Chairman Current
Rand A Technology Corporation Chairman Current
Kortec, Inc. Board of Directors Current
Radpharm, Inc. Board of Directors Current
Proficiency, Inc. Board of Directors Current
Open Ratings, Inc. Board of Directors Current
Moldflow Corporation CEO Former
Moldflow Corporation President Former
Parametric Technology Corporation Senior Vice President Former
Kortec, Inc. Chairman Former
Moldflow Corporation Chairman Former
Proficiency, Inc. Chairman Former
Radpharm, Inc. Chairman Former
Carleton University M.Eng Former

Organization Position Status
Ampersand Venture Management LLC Venture Partner Current
Ampersand, Inc. Venture Partner Current
Viracor Ibt Laboratories Current
Ampersand Ventures Current
Ibt Reference Laboratory 11274 Renner Boulevard Board Member Current
Cohesive Technologies, Inc. CEO Former
Cohesive Technologies, Inc. President Former
Bain & Company management consultant Former
MIT Sloan School of Management M.S. In Management Former
MIT Sloan School of Management M.S. In Management Former
Massachusetts Institute of Technology master's degree in management Former
Wharton Graduate School of the University of Pennsylvania B.S. In Economics Former

Organization Position Status
Ampersand Venture Management LLC Venture Partner Current
Ampersand, Inc. Venture Partner Current
Nuvex Ingredients, Inc. CEO Former
Nuvex Ingredients, Inc. President Former
University of North Texas M.B.A. Former
Bemidji State University B.S. Former

Organization Position Status
Ampersand Venture Management LLC Managing General Partner Current
Ampersand Venture Management LLC Manager Former
Ampersand, Inc. Former
Massachusetts Institute of Technology Ph.D. in Economics and Finance Former

Stuart joined Ampersand in 1991, following three years of consulting experience at Bain and five years in manufacturing and engineering at Lever Brothers. Serving as the full-time CFO of ADFlex Solutions during the design and implementation of its turnaround, he has been a director of more than 10 companies including ADFlex, Northfield and Tomah. He currently sits on the board of Talecris. He holds a B.S. in Chemical Engineering from Columbia and an M.B.A. from Harvard Business School.

Organization Position Status
Ampersand Ventures General Partner Current
Ampersand Venture Management LLC General Partner Current
Assay Designs, Inc. Board of Directors Current
Magellan Board of Directors Current
Lever Brothers *manufacturing and engineering Former
Ampersand, Inc. Former
Harvard Business School M.B.A. Former
Columbia University B.S. In Chemical Engineering Former

Organization Position Status
Ampersand Ventures Partner Current
Ampersand Venture Management LLC Partner Current
Moldflow Corporation CFO Former
Moldflow Corporation Executive Vice President of Finance and Administration Former
Ampersand, Inc. Former
Stonehill College B.A. in Business Former

Organization Position Status
John H. Harland Company Chairman, President & CEO Current
Ampersand, Inc. General Partner Current
Ampersand Venture Management LLC Venture Partner Current
Ampersand Ventures Advisory Board Member Current
Knowledgeworks Foundation Board of Directors Current
Boral Industries Inc. CEO Former
Boral Industries Inc. President Former
Ampersand Ventures General Partner Former
Boral Limited Former
Ampersand Venture Management LLC Chairman Former
University of Lancaster master's degree in marketing Former

Todd joined Ampersand in 2005 to spearhead Ampersand's Direct-to-Entrepreneur (DTE) lead sourcing program by identifying and evaluating new investment opportunities. Previously, Todd was a Senior Associate at Summit Partners, a late-stage private equity firm, and a Financial Analyst in the investment banking division of Advest Inc. He currently serves on the board of LTI Lighting and a board observer at Chantest. Todd holds a B.A. in Economics from Bates College and an M.B.A. from Harvard Business School.

Organization Position Status
Ampersand Venture Management LLC Partner Current
Ampersand Ventures Principal Current
Chantest, Inc. Observer Current
K-Tek, LLC Board of Directors Current
Ampersand Venture Management LLC Principal Former
Advest, Inc. Financial Analyst Former
Summit Partners Senior Associate Former
The Advest Group, Inc. Financial Analyst Former
Media Q Inc Former
Sybari Software Inc. Former
Stride & Associates Inc. Board Member Former
Harvard Business School M.B.A. Former
Bates College B.A. In Economics Former

Organization Position Status
Ampersand Venture Management LLC Director of Operations Current
Ampersand Ventures Director of Operations Current
Ampersand, Inc. Former
Trinity College B.A. Former

Array

Organization Position Status
Ampersand Ventures Director of Finance Current
Ampersand, Inc. Current
Silicon Valley Bancshares Vice President Former
Silicon Valley Bank Vice President Former
Silicon Valley Bancshares Investor Relations Manager Former
Bentley College M.B.A Former
IDX Systems Corporation Investor Relations Manager Former
Wheaton College A.B. In Economics Former

Organization Position Status
Ampersand Venture Management LLC Office Manager Current

Organization Position Status
Ampersand Venture Management LLC General Counsel Current

Organization Position Status
Ampersand Venture Management LLC Current
The Mitre Corporation Director Current
Cleveland-Cliffs Inc. Director Current
Ampersand Ventures Advisory Board Member Current
Case Western Reserve University President Former
Michigan Company, Inc. Dean of Engineering Former
Ampersand, Inc. Former
Massachusetts Institute of Technology D.Sc. Former

Organization Position Status
Ampersand Venture Management LLC Associate, Dte Team Current
Ampersand, Inc. Current
Landmark Partners, Inc. Analyst Former
Trinity College B.A. In Economics Former

Array

Organization Position Status
Ampersand Ventures General Counsel Current
The American National Red Cross Former
ArQule, Inc. Vice President Former
ArQule, Inc. General Counsel Former
The American National Red Cross Senior Counsel Former
Columbia University Law School J.D. Former
Jewish Theological Seminary M.A. Former
Columbia College B.A. Former

Organization Position Status
J.P. Morgan & Co. Analyst Former
University of Virginia Bachelor of Science in Commerce Former
Wellspring Capital Management LLC Senior Associate Former
Middlebury College B.A. In Economics and Computer Science Former

Array

Organization Position Status
Ampersand Ventures Financial Analyst Current
PHT Inc. Account Former
Ampersand, Inc. Former
Bentley College M.B.A. Former
Lasell College B.S. In Business Administration Former

Loretta joined Ampersand in 1998 with responsibility for all tax and general ledger records. Prior to Ampersand she was the Senior Tax Manager with Feeley & Driscoll. Loretta holds a B.A. from Regis College, an M.B.A. from Suffolk University, an M.S.T. from Bentley College, a J.D. from Suffolk University and a C.P.A. Certificate.

Organization Position Status
Ampersand Ventures Controller Current
Ampersand Venture Management LLC Tax Counsel Current
Ampersand, Inc. Former
Suffolk University M.B.A. Former
Bentley College M.S.T. Former
Regis College B.A. Former

Organization Position Status
Ampersand Venture Management LLC Associate Current
Stifel, Nicolaus & Co., Inc. Investment Banking Analyst Former
The Johns Hopkins University B.A. In Psychology Former

Organization Position Status
Palmer Dodge Inc. partner Current
Ampersand Venture Management LLC Current
Ampersand Ventures Advisory Board Member Current
Harvard Law School graduate Former

Thomas joined Ampersand in 2005 to support our Direct to Entrepreneur (DTE) lead sourcing program. Prior to Ampersand he was at Aleutian Capital Partners (ACP) where he was active in the Company's deal sourcing and deal diligence efforts. Thomas holds a M.B.A. from Pace University and B.A. in Economics from the University of Pretoria in South Africa.

Organization Position Status
Ampersand Ventures Associate, Dte Team Current
Ampersand Venture Management LLC Associate, Dte Team Current
Ampersand Ventures Associate, DTE Team Current
Ampersand, Inc. Former
Pace University M.B.A. Former
University of Pretoria B.A. In Economics Former

Organization Position Status
Product Launch Services Chief Executive Officer Former
Product Launch Services Board of Directors Current
Endeca Technologies, Inc. Chairman Current
Synopsys, Inc. Board of Directors Current
Ampersand Ventures Advisory Board Member Current
Ampersand Venture Management LLC Advisory Board Member Current
FirstRain, Inc. Board of Directors Current
Parametric Technology Corporation Chief Executive Officer Former
Parametric Technology Corporation Chief Business Strategist Former
Ampersand Ventures General Partner Former
Ampersand, Inc. General Partner Former
Parametric Technology Corporation Chairman Former
Parametric Technology Corporation Director Former
Harvard Business School MBA Former
Princeton University BA Former

Executive News

  • RAND Moves Office to Waltham, MA

    TenLinks.com - 8/06/09 - View Story

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