Innovize and Excel Scientific (Vance Street Capital) Acquire Zenith Adhesive Components

Excel Scientific (Vance Street Capital) Acquires Innovize

November 30, 2022

Medical Devices

Vance Street Capital has completed the acquisition of Innovize, LLC, with Innovize joining Excel Scientific LLC (a platform Vance Street partnered with in 2020) to create a medical and life sciences manufacturing platform. The deal brings complementary materials-conversion and complex manufacturing capabilities for diagnostics, wearables and other MedTech end markets; Innovize's founders John Ledy and Dave Jessen will continue to support the business.

Vance Street Capital Acquires Excel Scientific

January 12, 2021

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Excel Scientific, a Victorville, California manufacturer of microplate sealing films and foils used by life science, biotech, pharmaceutical and diagnostic laboratories. Founder Bambi Lyn Cahilly retains an ownership stake; terms were not disclosed and Vance Street plans to invest in growth and product innovation across life-science end markets.

Vance Street Capital Acquires Injectech and Forms VSC Medical Molding Platform

November 21, 2025

Medical Devices

Vance Street Capital has acquired Injectech from The West Group and added it to its newly formed VSC Medical Molding platform, expanding the platform's precision injection-molding and single-use fluid management capabilities for medical device, life science and bioprocessing customers. Injectech, headquartered in Fort Collins, Colorado, will operate alongside Resenex under the VSC Medical Molding platform to broaden component offerings and custom manufacturing capabilities.

H.B. Fuller Acquires Adhezion Biomedical and XCHEM International

June 22, 2023

Manufacturing

H.B. Fuller Company completed two strategic acquisitions: Adhezion Biomedical, a U.S. medical adhesives business, and XCHEM International, a UAE-based specialty adhesives and coatings manufacturer. The deals expand H.B. Fuller’s capabilities in medical/topical skin-bonding adhesives and establish its first manufacturing presence outside the U.S. for its Construction Adhesives (CA) business, contributing an estimated $17 million in revenue and $2 million in adjusted EBITDA for fiscal 2023.

Peak-Ryzex (Sole Source Capital Portfolio) Acquires Inovity, Inc.

May 4, 2021

Industrial Services

Peak-Ryzex, a Sole Source Capital portfolio company, has acquired Inovity, Inc., a value-added reseller of AIDC labels, media and hardware. The add-on expands Peak-Ryzex's product offerings and technical capabilities across healthcare, manufacturing and industrial end-markets; terms were not disclosed.

Vance Street Capital Acquires Majority Stake in Wytech Industries

November 10, 2020

Medical Devices

Los Angeles-based private equity firm Vance Street Capital acquired Wytech Industries, a Rahway, New Jersey manufacturer of specialty core wires and precision tube-based components for interventional medical devices. The Casalino family (founders) retain an ownership stake alongside Vance Street; terms were not disclosed. The deal represents Vance Street's first platform investment from Fund III and a strategic entry into a medical-device component manufacturing platform.