Avesi Partners LLC has made a private equity investment in Danforth Advisors while Stone-Goff Partners exit their investment in the firm.

Danforth is a financial and operational backbone to hundreds of life science firms. Its services include strategic advisory, accounting and operational finance support, financial planning and analysis, IPO preparation and more.

During its time with Stone-Goff, the firm developed new services, improved infrastructure and internal processes with new technology, further invested in people and talent, and expanded its geographic presence.

“We have had a valuable, collaborative relationship with Stone-Goff and appreciate the guidance and counsel they shared as we’ve scaled the business and prepared for growth ahead,” said Chris Connors, CEO of Danforth.

Clearsight Advisors, Inc. served as the exclusive financial advisor to Danforth. Fredrikson and Byron P.A. served as legal counsel to Danforth.