Stax Provides Sell-Side Support to BioProcure-Prendio, Receiving Strategic Growth Investment from Primus Capital

Stax Provides Sell-Side Support to BioProcure-Prendio, Receiving Strategic Growth Investment from Primus Capital

November 3, 2023
November 3, 2023

Share

Stax is pleased to congratulate BioProcure and its sister company, Prendio, on their recent growth equity investment from Primus Capital. Stax provided sell-side support collaborating with the management teams of BioProcure and Prendio and Aeris Partners.


Since 2007, BioProcure has significantly contributed to the success of numerous global life science companies. An industry-leading provider of procure-to-pay enabled services for biotech, BioProcure offers procurement services, accounts payable support, and administrative assistance to research organizations. 

 

Prendio is a leading provider of cloud-based eProcurement SaaS and supplier marketplace solutions tailored for the life science sector. Developed by a team with over 50 years of experience in biotech procurement and lab management, Prendio software addresses the challenges faced by research teams dealing with complex procure-to-pay systems. It offers an affordable, user-friendly, and scalable solution, ultimately speeding up the progress of life science teams. 

For more details on our experience in the space, please contact the Stax team: 

BioProcure-Prendio logo
Primus logo
BioProcure-Prendio logo
Primus logo

For more details on our experience in the space, please contact the Stax team: 

Image of Rob Larson

Paul Edwards

Global Practice Lead

Image of Rob Larson

Rob Larson

Director

About Stax

Stax is a global management consulting firm serving corporate and private equity clients across a broad range of industries including software/technology, industrials, business and information services, healthcare and HCIT, consumer, and tradeshows and events. 

Read More

Featured by PYMNTS: FinTechs Cut Staff as AI and Margins Redefine Growth
By Palash Misra April 23, 2026
Palash MIsra was interviewed by PYMNTS to share his thoughts on AI's impact on FinTech. See what perspectives Palash shared on current investor priorities.
Tyler Michaels Recognized at 2026 Rising Star Awards
April 23, 2026
Grant Thornton Stax congratulates Tyler Michaels on being recognized at the 2026 Consulting Magazine Rising Star Awards for Software & Technology. Read more here.
Yiwei Jiang Recognized for Thought Leadership in Private Equity
April 21, 2026
We are proud to congratulate Yiwei Jiang on being recognized at the 2026 Consulting Magazine Rising Star Awards in the category of Thought Leadership and Intellectual Capital. Read more.
Not All Moats Are Created Equal: Applying an AI Risk Framework to GovTech
By Chen Liu April 20, 2026
Grant Thornton Stax Partner Chen Liu demonstrates our AI risk framework within a specific vertical software segment (GovTech ERPs). Read more about the our framework here.
Investment Opportunities in a Modernizing GovTech Ecosystem
By Chen Liu & Dan Chen April 17, 2026
Modernization is reshaping GovTech. See how resilient budgets, fragmented markets, and platform consolidation are creating new investment opportunities. Read more.
Featured by The Food Institute: Pet-Food Investments Surge as Gen Z, Millennials Drive Humanization
By Samantha Pinkes April 9, 2026
Grant Thornton Stax Director Sam Pinkes was recently featured by The Food Institute where she offered commentary around the growing humanization trend among pet owners. Read more.
Show More