Ampersand Ventures Invests in Signature Genomic Laboratories, LLC

SPOKANE, Wash.--(BUSINESS WIRE)--Ampersand Ventures, a private equity firm focusing on investments in the health care and industrial technology sectors, has acquired a stake in Signature Genomic Laboratories, LLC. In conjunction with the investment, Ampersand partners David J. Parker and Herbert H. Hooper, Ph.D. have been appointed to Signature’s board of directors. They join current board members Lisa G. Shaffer, Ph.D., Signature’s president and CEO; Bassem A. Bejjani, M.D., Chief Medical Officer of Signature; and Ryland “Skip” Davis, Chief Executive of Providence Strategic Ventures, a division of Providence Health and Services. Ampersand joins Sacred Heart Medical Center and Pathology Associates Medical Laboratories as investors in the company.

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