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Safeguard Scientifics, Inc. (SFES)

Other OTC - Other OTC Delayed price. Currency in USD
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0.9300-0.0197 (-2.07%)
As of 09:33AM EDT. Market open.

Safeguard Scientifics, Inc.

150 North Radnor Chester Road
Suite F-200
Radnor, PA 19087
United States
610-293-0600
https://www.safeguard.com

Sector(s)Financial Services
IndustryAsset Management
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Mark R. DowCEO, CFO & Company SecretaryN/AN/A1967
Mr. G. Matthew BarnardGeneral Counsel, Secretary & Compliance OfficerN/AN/AN/A
Ms. Alex A. FuiksAssociateN/AN/AN/A
Mr. Seth ZuckermanSenior Associate of HealthcareN/AN/AN/A
Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

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 Safeguard Scientifics, Inc. in 1981. Safeguard Scientifics, Inc. is based in Radnor, Pennsylvania with additional office in Weston, Massachusetts.

Corporate governance

Safeguard Scientifics, Inc.’s ISS governance QualityScore as of 1 May 2024 is 6. The pillar scores are Audit: 8; Board: 5; Shareholder rights: 6; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.