Camden Partners

Camden Partners, established in 1995, is a Baltimore-based growth equity firm specializing in investments in the lower-middle market. The company focuses on sectors such as technology, software, business services, and education, typically investing between $5 million and $15 million in equity. Camden Partners seeks to make a positive impact on both its investors and portfolio companies by leveraging its experience and influence, often taking controlling stakes and aiming for exits within two to five years.

Meghan J. McGuire

Principal

David Warnock

Founder, Partner and Member of the Investment Committee

Past deals in Maryland

Catalyte

Convertible Note in 2019
Catalyte, Inc. is a technology services company based in Baltimore, Maryland, specializing in information technology outsourcing, consulting, and managed services. Founded in 2000, the company focuses on workforce development and utilizes artificial intelligence to identify and cultivate high-potential talent, which is then integrated into client organizations. Catalyte offers a range of services including software engineering, application modernization, cloud and mobile development, and quality assurance. It also provides apprenticeship programs that allow individuals to gain practical experience while helping clients address their project needs. With development centers in cities such as Boston, Chicago, Englewood, and Portland, Catalyte aims to enhance productivity, quality, and diversity in the workforce through its innovative talent deployment strategies.

Thrive Earlier Detection

Series A in 2019
Thrive Earlier Detection Corp. is a healthcare company that specializes in developing advanced blood testing technologies for early cancer detection. Its flagship product, CancerSEEK, is a liquid biopsy test that analyzes genomic mutations in tumor DNA and protein markers in plasma, allowing for the identification of various cancers at their nascent stages, often before symptoms manifest. Founded in 2018 and headquartered in Cambridge, Massachusetts, with an additional office in Baltimore, Maryland, Thrive aims to integrate cancer screening into standard medical practice. The company leverages real-world data and machine learning to enhance the accuracy of cancer detection, facilitate follow-up testing, and streamline the transition to oncological care. Thrive operates as a subsidiary of Exact Sciences Corporation and has received investments from notable firms including Third Rock Ventures and Section 32.

Paragon Bioservices

Series A in 2014
Paragon Bioservices, Inc. is a contract development and manufacturing organization headquartered in Baltimore, Maryland, specializing in the development and production of biopharmaceuticals. The company focuses on a range of advanced therapeutic products, including viral vector-based gene therapies, next-generation vaccines, monoclonal antibodies, and recombinant proteins. Paragon offers comprehensive services that encompass process and analytical development, as well as cGMP manufacturing and testing for pre-clinical and early clinical stages. With a commitment to innovation, Paragon has transitioned its client base from primarily government contracts to a strong emphasis on commercial partnerships within the biotech industry. The company's leadership team, composed of experienced professionals with over 20 years in the field, supports its mission to deliver high-quality manufacturing solutions. Paragon operates from a state-of-the-art facility that spans 150,000 square feet, providing the infrastructure necessary for the complete lifecycle of biopharmaceutical manufacturing, from initial development through to commercial launch.

Calvert Learning

Series A in 2013
Calvert Learning offers a comprehensive homeschool curriculum that combines traditional textbooks with online learning, serving English-speaking students from pre-kindergarten to eighth grade worldwide. The curriculum covers a wide range of subjects, including history, mathematics, science, literature, and foreign languages, as well as various enrichment programs in arts, music, and writing. Founded in 1906 and based in Hunt Valley, Maryland, Calvert Learning has a long history of providing educational resources for nontraditional learning environments. The company operates as a subsidiary of Edmentum, Inc. and focuses on delivering high-quality educational experiences through a flexible, modular approach tailored to the needs of schools and districts. Additionally, Calvert Learning provides advisory teaching and technical support services to enhance learning outcomes for students.
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