Excel Scientific, Inc.
Excel Scientific, Inc. is a leading manufacturer of microplate sealing films and foils used by life science research, university, and testing laboratories as well as biotech companies, pharmaceutical companies, and diagnostic providers. The Company’s products protect testing samples from evaporation, cross-contamination, spillage, and other damaging events during the testing and storage process.
Excel’s founder, Bambi Lyn Cahilly, started Excel Scientific from a spare bedroom in her home in 1992. After 28 years of private ownership, Excel engaged RA Capital to explore strategic alternatives, including a sale.
Vance Street Capital LLC (“Vance Street”), a Los Angeles-based private equity firm, was selected as a desired partner to help Excel execute on the many growth opportunities across the company’s customer base. Vance Street had the desired investing and operating experience in the medical and life science manufacturing space along with a focus on customer satisfaction.
- Industry: Laboratory Supply
- Deal Type: M&A – Sell-side
- Location: Victorville, CA