Chantilly, VA 3/31/17—Venture capital and growth equity firm Telegraph Hill Partners (THP) has acquired Dynex Technologies for an undisclosed amount. Dynex Technologies provides microplate readers and ELISA processing systems. “We are proud of our 60 year history of delivering best in class products with an ongoing commitment to innovation,” commented Dynex Technologies President Adrian Bunce. “With THP’s additional resources, we look forward to continuing to execute on our strategy for future growth.” THP plans to invest in the company to expand operations, manufacturing capacity and client services. John Lillig, previously with NEXUS Biosystems and Agena Bioscience, will join the Board as chairman.

Dynex Technologies has 90 employees, according to its website. Its products are sold into the clinical, research and industrial markets. Dynex Technologies was sold by Magellan Biosciences in 2012.