Turn/River Capital completed the acquisition of minority stake in StarLIMS from Francisco Partners.

Turn/River Capital, a private equity firm, completed the acquisition of minority stake in StarLIMS, a global enterprise informatics platform for laboratories, from Francisco Partners, an investment firm that specializes in technology and technology-enabled services businesses. Financial terms were not disclosed. "It has been rewarding to partner with Trey and the leadership team at StarLIMS to strengthen its position as a leading provider of laboratory informatics software," Ezra Perlman, Francisco Partners Co-President.