Philip Borden Becomes CEO Of LabShares

Philip acquired LabShares in August 2023, in what was the culmination of an 18-year relationship with the company’s founder and previous owner, Jeff Behrens. LabShares, founded in 2018 as a shared lab space concept, has since tripled its original footprint and is now a leading provider of shared lab space and services for biotech and life science companies in the Greater Boston area. LabShares allows its customers one-stop access to world-class equipment and space, experienced on-site lab management, a streamlined regulatory process, and a well-established lab safety program. LabShares and its lean team of experienced operators are fixtures in the local biotech community.

Philip comes to the search fund ecosystem with more than 23 years of healthcare investing experience. He is a thoughtful entrepreneur and we’ve admired his passion for the space. Prior to the acquisition, Philip was most recently a Managing Director at Galen Partners and Riverside Partners. He graduated from Harvard Business School in 2001.

We are fortunate to partner with Philip on the next stage of his journey and are excited to see what he builds at LabShares!

Pacific Lake's Jack Bulmer will join the board.

_{Photo: Labshares Newton}