ProteinSimple

About

ProteinSimple (formally Cell Biosciences) is developing research tools for the biotechnology industry. The company has developed a novel instrument system that will improve both the throughput and accuracy of traditional protein detection assays currently performed using the 'western blot' system. The company is also ‘rolling up’smaller instrumentation companies in this space and has already completed a number of substantial acquisitions. A number of the acquired and internally developed technologies have the potential for breakout growth. We expect the company to exit 2013 with sales annualizing at $55 million.