BioStrata keeps team and brand after acquisition by US-based Supreme Group
Milton-based life sciences marketing communications agency BioStrata has been acquired by Supreme Group, a platform dedicated to providing best-in-class business and commercialisation services to a broad range of life science and healthcare companies.
Supreme is backed by Dallas, Texas-based Trinity Hunt, a growth-oriented private equity firm with more than $2billion of assets under management. Trinity Hunt is focused on building leading business, healthcare, and consumer services companies.
“BioStrata’s integrated communications and marketing expertise will enable us to better serve the diverse needs of life science companies, broaden our client base, and further expand our footprint in the UK and Europe,” said Tom Donnelly, CEO, Supreme Group.
BioStrata’s leadership will remain in place, and the agency will continue to operate under its brand name as a standalone organisation within Supreme Group. Clare Russell, co-founder and managing director of BioStrata, will take the role of president, while Paul Avery, co-founder and CEO of BioStrata, becomes VP marketing for Supreme Group.
“Joining Supreme Group opens up exciting new possibilities for BioStrata, our clients, and our team,” said Clare. “This partnership strengthens our position in the life science marketing landscape and enhances our service offering with specialised digital expertise.
“It also brings new growth opportunities for our talented team.”
“The addition of BioStrata to our portfolio, alongside Supreme Optimization, Clarity Quest, and Health+Commerce, marks a key step to creating the world’s premier life science marketing and communications provider,” said Mike Steindorf, partner at Trinity Hunt.
“We’re enthusiastic about nurturing these companies and exploring opportunities to welcome more outstanding businesses to the platform.”