Avesi Partners, LLC, a private equity firm, has made an investment in Danforth Partners following Stone-Goff Partners‘ exit in the firm.
Danforth is a financial and operational services provider to hundreds of life science companies. The firm’s services include strategic advisory, accounting and operational finance support, financial planning, IPO preparation, SEC compliance, business operations management and human resources.
Stone-Goff originally invested in Danforth in 2018 and during its partnership saw Danforth develop new services, improve infrastructure and internal processes and and further invest in itself.
“The last three years have brought tremendous growth and new opportunities to tackle even more challenges for the life science companies we serve,” said Gregg Beloff, co-founder and managing director of Danforth. “Stone-Goff played an instrumental role in helping us reach this next exciting chapter.”
Clearsight Advisors, Inc. served as the exclusive financial advisor to Danforth. Fredrikson and Byron P.A. served as legal counsel to Danforth.