Azer Scientific, Inc.

Private | Merger | Electron Microscopy Sciences

Leading provider of laboratory consumables and equipment to the clinical, life sciences, research and industrial laboratory industries

Case

Delancey Street Partners is pleased to announce that Azer Scientific, Inc. (“Azer” or the “Company”) and Electron Microscopy Sciences (“EMS”), a portfolio company of Inverness Graham, have combined to create a leading life sciences and clinical lab products company. Delancey Street Partners served as exclusive financial advisor to Azer Scientific, managed a competitive process, and negotiated the terms of the transaction.

August 2023
Azer Scientific, Inc.
Combination with Electron Microscopy Sciences, a portfolio company of Inverness Graham
Sector: Healthcare / Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to Azer Scientific

Delancey Street Partners is pleased to announce that Azer Scientific, Inc. (“Azer” or the “Company”) and Electron Microscopy Sciences (“EMS”), a portfolio company of Inverness Graham, have combined to create a leading life sciences and clinical lab products company. Delancey Street Partners served as exclusive financial advisor to Azer Scientific, managed a competitive process, and negotiated the terms of the transaction.

About

August 2023
Azer Scientific, Inc.
Combination with Electron Microscopy Sciences, a portfolio company of Inverness Graham
Sector: Healthcare / Industrial & Industrial Technology
Delancey Street Partners served as the exclusive financial advisor to Azer Scientific

Situation

Founded in 2003, Azer Scientific is a leading provider of laboratory consumables and equipment to the clinical, life sciences, research and industrial laboratory industries. Scientists, technicians, and researchers depend on Azer on a recurring basis for the supplies that enable their daily laboratory and diagnostic workflows.

Azer maintains a comprehensive portfolio of laboratory consumables and equipment. Its product offering comprises approximately 4,000 SKUs and the Company supports laboratories across the globe with the highest level of service and integrity in their advancement of science.

Founded in 1969, Electron Microscopy Sciences (emsdiasum.com) is the most comprehensive source for all microscopy, histology, and general laboratory research fields. Its mission is to partner with customers to drive product and service innovation within the life sciences and research industries. Today, EMS has over 80 employees and serves customers across ~100 countries.

Inverness Graham is a Philadelphia-based buyout firm that acquires innovative companies where technology is transforming traditional industry. The firm’s Flagship strategy focuses on high growth businesses leveraging technology in Healthcare, Software / Tech-Enabled Services and Advanced Manufacturing. Founded by senior executives of the Graham Group, the firm builds upon a 60-year legacy of operational excellence, bringing substantial value creation resources and an innovative mindset to support its portfolio company partners.

Delancey Street Partners is an independent, industry-focused investment bank. We serve CEOs, Entrepreneurs, Shareholders, and Boards of Directors of high growth and middle market private and public companies. Our services include strategic advisory, capital raising, and independent board advice. We advise on sell-side and buy-side M&A, growth capital financings, and recapitalizations. Our focus sectors include Healthcare, Industrial & Industrial Technology, Business & Technology Services, and Infrastructure. We form long-term partnerships with our clients and commit to managing each engagement with senior professionals who bring years of experience and insight.

For additional information about this transaction, please contact:

Patrick E. Dolan

Managing Director Phone: (484) 533 – 6311

Patrick E. Dolan

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