Vance Street Capital Acquires Excel Scientific

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.

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

April 3, 2025

Medical Devices

Vance Street Capital’s portfolio companies Innovize and Excel Scientific have acquired Zenith Adhesive Components (ZAC), a contract manufacturer based in Athlone, Ireland. The acquisition expands the platform’s adhesive and film-based manufacturing capabilities for medical, life science and high-technology end markets and adds regional capacity to better serve customers in North America and Europe.

Vance Street Capital Acquires Stake in System Seals

December 9, 2024

Manufacturing

Los Angeles-based private equity firm Vance Street Capital has partnered with Cleveland-based System Seals, a designer and manufacturer of proprietary sealing solutions. Founder and CEO Arnold von Engelbrechten will retain a meaningful ownership stake and continue to lead the business as Vance Street supports product development, international expansion and targeted M&A.

Vance Street Capital Acquires Applied Plastics

January 31, 2019

Medical Devices

Vance Street Capital, a Los Angeles-based private equity firm, has acquired Applied Plastics, a Norwood, Massachusetts-based provider of specialty PTFE coatings for medical device components. Terms were not disclosed; Applied CEO Dave Ring retains a material ownership stake and Vance Street said the deal strengthens its medtech capabilities and expands its Fund II portfolio.

Fusion Capital Partners Acquires Excel Engineering, Inc.

January 6, 2026

Industrial Services

Los Angeles-based private equity firm Fusion Capital Partners has acquired Excel Engineering, a Diagonal, Iowa-based testing and certification firm that provides engine, powertrain, battery and emissions testing services to OEM and industrial customers. The transaction (terms undisclosed) is positioned as a growth-oriented, capability-expanding platform investment to scale Excel's testing capacity, capabilities and talent; Monroe Capital acted as a joint lead arranger on the senior credit facility supporting the deal.

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.