Safeguard Scientifics Inc (SFES)

OTCMKTS: SFES · Delayed Price · USD
0.847
0.00 (0.00%)
Mar 26, 2024, 12:00 AM EDT - Market closed

Company Description

Safeguard Scientifics, Inc. no longer investing. It is a private equity and venture capital firm specializing in expansion financings, growth capital, management buyouts, recapitalizations, industry consolidations, corporate spinouts, growth stage, and early stage financings.

It initially invests in a Series A-C round and opportunistically in a seed round. The firm prefers to make investments in companies engaged in the technology, financial services, and healthcare sector.

Within the technology sector, it invests in software as a service, adtech / digital media, Internet of Everything, enhanced security, predictive analytics, machine learning, artificial intelligence, enterprise software, technology enabled services, internet/new media, financial technology, cloud, mobile, social, big data, in memory, and selected business services with capital requirements of up to $25 million.

Within healthcare sector, the firm invests in molecular and point-of-care diagnostics, medical devices, regenerative medicine, medical technology, digital health, healthcare technology, specialty pharmaceuticals, and selected healthcare services.

It invests throughout the United States with a focus on Mid-Atlantic region, and Southeastern Canada.

The firm primarily invests between $5 million and $25 million in growth equity financing and between $5 million and $10 million in early-stage financing.

It typically invests in the capital structures including owner financed and bootstrapped companies, corporate division or business unit, and venture capital-backed seeking a growth partner.

The firm prefers to be the largest shareholder in its portfolio companies, with ownership in the range of 20 percent to 50 percent.

However, it may occasionally take a majority or smaller stake in its portfolio companies. It prefers to invest in companies having proprietary technology and intellectual property.

The firm prefers to take a Board seat in its portfolio companies. The company was founded in 1953 as Lancaster Corporation and changed its name to Sa

Safeguard Scientifics Inc
Safeguard Scientifics logo
Country United States
Founded 1953
Industry Asset Management
Sector Financials
CEO Robert Rosenthal

Contact Details

Address:
150 North Radnor-chester Road, Suite F-200
Radnor, Pennsylvania 19087
United States
Phone 610 293 0600

Stock Details

Ticker Symbol SFES
Exchange OTCMKTS
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000086115
Employer ID 23-1609753
SIC Code 6799

Key Executives

Name Position
Mark Dow Chief Executive Officer, Chief Financial Officer and Company Secretary
G. Matthew Barnard General Counsel, Secretary and Compliance Officer
Alex A. Fuiks Associate
Seth Zuckerman Senior Associate of Healthcare

Latest SEC Filings

Date Type Title
Mar 26, 2024 10-K Annual Report
Feb 20, 2024 15-12G Securities registration termination
Feb 20, 2024 SC 13E3/A [Amend] Going private transaction by certain issuers
Feb 16, 2024 EFFECT Notice of Effectiveness
Feb 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 14, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 12, 2024 8-K Current Report
Feb 9, 2024 POS AM Post-Effective amendments for registration statement
Feb 9, 2024 S-8 POS Securities to be offered to employees in employee benefit plans, post-effective amendments