Yankee Equity Solution, a private equity firm, has launched a $50 million fund to invest in medtech outfits in the Boston area, according to a company statement. The new YES Medical Technology Fund, led by industry veteran and managing director John Williams, plans to invest in firms that have annual revenues of $10 million, earnings (EBITDA) of $2 million, and the potential to be first or second in their market segment.
Author: Ryan McBride
Ryan is an award-winning business journalist who contributes to our life sciences and technology coverage. He was previously a staff writer for Mass High Tech, a Boston business and technology newspaper, where he and his colleagues won a national business journalism award from the Society of American Business Editors and Writers in 2008. In recent years, he has made regular TV appearances on New England Cable News.
Prior to MHT, Ryan covered the life sciences, technology, and energy sectors for Providence Business News. He graduated with honors from the University of Rhode Island in 2001 with a bachelor’s degree in communications. When he’s not chasing down news, Ryan enjoys mountain biking and skiing in his home state of Vermont.
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