SV Health Investors Completes Partnership with Packaging Compliance Labs

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 SV Health Investors ("SVHI"), a Boston-based private investment firm focused exclusively on the healthcare industry, announced today an investment in Packaging Compliance Labs ("PCL"). Headquartered in Grand Rapids, MI, Packaging Compliance Labs is a provider of healthcare packaging engineering, validation testing, and contract packaging services to medical device and pharmaceutical end markets. PCL represents a new platform investment for SV Health Investors, in partnership with Co-Founders Matthew Lapham and Ryan Erickson.

A.J. Rossi, Principal at SV Health Investors, who will join the PCL board of directors, stated, "PCL has developed an industry-leading reputation for white-glove technical testing services, while serving as a thought leader within the healthcare packaging industry. We look forward to partnering with PCL to support their continued growth through investment in rapidly expanding operations and strategic add-on acquisitions." Matthew Lapham, President & CEO of Packaging Compliance Labs, added, "PCL is excited to accelerate our growth together with SV Health Investors. SV's extensive industry experience and strong operational resources will be an asset to PCL as we continue to scale and provide timely, expert solutions to our clients."

The investment in Packaging Compliance Labs aligns with SVHI's model of partnering with founders and entrepreneurs to build industry-leading healthcare services businesses. Greg Madden, SVHI Managing Partner, and Thomas Patton, SVHI Operating Partner, will also join the board.

Morgan Lewis & Bockius LLP served as legal advisor to SV Health Investors and Honigman LLP served as legal advisor to Packaging Compliance Labs.