GenesisBPS represents GSI Group’s fourth acquisition since the platform’s formation, bolstering the product portfolio, distribution capabilities and geographic footprint

L Squared Capital Partners (“L Squared”) announces its portfolio company, GSI Group Holdings (“GSI Group”), has acquired GenesisBPS, a designer, developer and manufacturer of globally commercialized specialized and proprietary benchtop cell therapy, blood and plasma processing equipment and laboratory consumables. GenesisBPS is the newest addition to GSI Group, a growing family of benchtop equipment and consumables brands serving the life sciences, research & development, industrials, and academia & education markets.
 
GSI Group provides a wide range of essential laboratory consumables, precision benchtop instruments, and related accessories. The platform has built a global reach, with locations across the U.S., Europe, and China, and the business collectively serves customers in more than 100 countries. Today, thousands of leading research institutions, diagnostic laboratories, hospitals, universities, and industrial organizations depend on GSI Group products to support their daily operations. GenesisBPS joins existing GSI Group brands, including Globe Scientific, AmScope, Euromex, and Physix.
 
Founded in 1990, GenesisBPS has established itself as a premier provider of mission-critical blood processing instruments, disposables, and accessories. Its products are widely used in blood banks, hospitals, clinical laboratories, and cellular therapy applications where they play an essential role in ensuring the safe collection, processing, and storage of blood and other biological fluids.
 
“GenesisBPS is an outstanding strategic fit for GSI Group,” said Jon Brubaker, CEO of GSI Group. “Its specialized equipment and consumables enhance our capabilities in critical blood processing workflows, further expanding the value we deliver to customers in the life sciences, diagnostics, and academic research fields. We remain committed to accelerating GSI Group’s growth through both organic initiatives and additional acquisitions of leading brands.”
 
“We are thrilled to support the continued expansion of GSI Group” said Randall Hunt, Managing Partner at L Squared. “This acquisition underscores the strong momentum of the platform and creates exciting opportunities for the next chapter of growth. We look forward to partnering with the combined team as they build on this success.”
 
The addition of GenesisBPS further strengthens GSI Group’s position as a leading provider of laboratory benchtop equipment and consumables. The GSI Group platform will continue to actively pursue strategic acquisitions of leading brands of benchtop equipment and consumables across North America and Europe.

About L Squared Capital Partners
L Squared Capital Partners is a private equity investment firm with over $2 billion of equity commitments under management. Headquartered in Newport Beach, CA, L Squared seeks to make long-term investments in leading growth companies operating in targeted sectors: Education Technology, Tech-Enabled Services & Software, and Industrial Technology & Services. L Squared’s unique investor base of family offices and institutions enables the firm to focus on long-term value creation driven by revenue and earnings growth, not financial engineering or market timing. The principals of L Squared have worked together for over 15 years and have more than 125 years of combined experience investing in growing private companies.  For additional information, please visit www.lsquaredcap.com.

About GSI Group Holdings
GSI Group Holdings is a US-based holding company of leading branded laboratory consumables and benchtop equipment for the scientific, academic, and industrial communities.  GSI Group has a global geographic footprint with locations on both the east and west coasts of the US as well as offices in the Netherlands, Spain, and China, supporting sales in over 100 countries.  Our mission is to leverage our global supply chain and high-quality customer service to offer our partners in distribution and end users a comprehensive product portfolio of laboratory consumables, benchtop equipment, and accessories at competitive prices.  For additional information, please visit www.GSIgroupholdings.com.

For Additional Information Please Contact:

Randall Hunt
Managing Partner
[email protected]

Brian Scott
Principal 
[email protected]

Casey Jones
Associate
[email protected]

This press release is for informational purposes only and is not intended as investment advice or an offer or solicitation with respect to the purchase of any investment. Investing with any investment firm is suitable only for qualified investors that fully understand the risks of such an investment. L Squared Capital Partners is an investment adviser registered with the United States Securities and Exchange Commission. Investments with L Squared Capital Partners are only offered in accordance with applicable securities laws.