StarLIMS, an enterprise informatics software provider for laboratories, said it has secured a strategic investment from Turn/River Capital, with existing sponsor Francisco Partners exiting its position as part of the transaction.
StarLIMS sells software used to manage data, workflows, and compliance requirements across manufacturing and research lab environments. The company said its platform helps customers increase automation and visibility while supporting regulatory control and end-to-end workflow management.
The company’s product portfolio includes Laboratory Information Management Systems (LIMS), Electronic Laboratory Notebooks (ELN), Laboratory Execution Systems (LES), and Scientific Data Management Systems (SDMS). StarLIMS also pointed to plans to more broadly incorporate artificial intelligence across its platform and operating model, with a focus on accelerating insight generation, expanding automation at scale, and delivering additional value to customers.
Turn/River said the investment aligns with its strategy of partnering with software businesses where operational support and go-to-market execution can drive expansion. StarLIMS said the new backing will support faster product innovation, deeper customer engagement, and expansion into new markets.
StarLIMS said it supports more than 1,100 customers globally and is deployed in more than 2,000 laboratories. The company serves a range of end markets, including life sciences, CDMOs, food and beverage, chemical and agrochemical, oil and gas, consumer goods, contract testing, R&D, public health, and clinical diagnostics.
Simpson Thacher & Bartlett served as legal advisor to Turn/River. Harris Williams acted as exclusive financial advisor, and Kirkland & Ellis served as legal advisor to Francisco Partners and StarLIMS.
Financial terms were not disclosed.
KEY QUOTES:
“Our mission has always been to empower laboratories with data-driven insights and robust informatics solutions that make scientific work more efficient, compliant, and connected. Turn/River’s deep experience scaling global software companies will help us accelerate our mission and impact.”
Trey Cook, Chief Executive Officer, StarLIMS
“StarLIMS represents the type of software leader we seek: innovative, mission-driven, and essential to its customers’ success.” “We’re excited to partner closely with the StarLIMS team to build on this strong foundation and accelerate product innovation and customer value.”
Matthew Amico, Partner, Turn/River Capital; Priya Diwakar, Senior Vice President, Turn/River Capital
“It has been rewarding to partner with Trey and the leadership team at StarLIMS to strengthen its position as a leading provider of laboratory informatics software. We look forward to StarLIMS’ continued success in this next chapter.”
Ezra Perlman, Co-President, Francisco Partners; Nick Nelson, Vice President, Francisco Partners
