Ampersand 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.

Today, Ampersand is a Boston-based, middle market private equity firm focused on investments in two Core Sectors: Healthcare and Industrial. We emphasize later stage, growth equity opportunities where we are the first institutional investor. Our collaborative strategy has driven superior performance over decades.