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Vance Street Capital-backed Excel Scientific completed the acquisition of Innovize.

Synopsis

Vance Street Capital-backed Excel Scientific, a global supplier of microplate sealing films, completed the acquisition of Innovize, an advanced medical contract manufacturer primarily focused on complex materials conversion for critical components of diagnostics, wearables and electronics-focused devices. Financial terms were not disclosed. "We at Innovize couldn't be more excited to enter this new chapter alongside Excel. Vance Street's commitment to invest in our people and our customers aligns with our confidence in the growth of the medical end markets we serve. This partnership catalyzes a new and exciting phase that we believe will yield greater opportunities for collaboration with and innovation for our customers," John Ledy, Innovize President.

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