Catalyze Partners Announces Strategic Acquisition of Axcend®, LLC, Early-Stage Company Behind Compact and Portable HPLC Systems
22 Julio 2024 - 10:00AM
Business Wire
Acquisition will make microscale instruments
available to more researchers and labs globally.
Catalyze Partners, a leader in acquiring and commercializing
advanced technology, today announced the acquisition of Axcend,
LLC. This transaction, which closed July 15, 2024, serves as the
cornerstone to a robust platform in the analytical instrumentation
and measurement market for Catalyze Partners.
“This acquisition opportunity was identified and brought to us
through our partner network, underscoring the trust they have in
our commercialization prowess,” said Tricia D’Cruz, founder and
Managing Director of Catalyze Partners. “Our acquisition of the
technology addresses a growing $5B market central to
pharmaceuticals, environmental monitoring, chemical manufacturing,
oil & gas production and numerous other industries.”
The transaction includes Axcend’s revolutionary line-up of
eco-friendly, compact and portable HPLC instruments and
accessories, designed to deliver unparalleled performance and
reliability. The Focus LC was developed initially at Brigham Young
University by renowned inventor Dr. Milton Lee. The system is
engineered to significantly reduce the size, cost, and
environmental impact of traditional HPLC systems, aligning with
industry demands for a smaller footprint, portability and
sustainability in laboratory equipment.
“We’re extremely pleased to join forces with the seasoned team
at Catalyze Partners,” said Greg Ward, Axcend CEO. “I am confident
that this is the winning formula for development of customer
solutions that push the boundaries of scientific analysis and allow
scientists to solve the most complex health and scientific
challenges.”
About Catalyze Partners
Catalyze Partners launches scalable companies that accelerate
commercialization of intellectual property sourced from the world's
most innovative global corporations, monetizing significant
investments in innovation. With established internal and external
funding networks and a leadership team made up of proven business
operators, Catalyze commercializes untapped innovations to make the
greatest impact and deliver the highest value to our stakeholders.
Catalyze is the bridge between novel technologies and commercial
markets that drive profits and investor returns.
About Axcend
Axcend is a provider of compact, high-performance liquid
chromatography (HPLC) systems and accessories. These solutions
allow scientists to bring the lab to the sample and HPLC Anywhere®
by providing dramatic improvements in portability,
ease-of-operation, rapid and convenient deployment, all with
significantly reduced operating costs and solvent usage.
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Meleena Loseke 940-727-9313 meleena.loseke@catalyze.partners