Delancey Street Partners

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to US Pharmacopeia (“USP”) in the acquisition of Stratix Labs Corporation (a USP company). Delancey Street provided buy-side M&A advisory services to USP. This is the second transaction in which Delancey Street provided USP with buy-side advisory services. United States Pharmacopeia is an independent scientific organization that collaborates with the world's top experts in health and science to develop quality standards for medicines, dietary supplements, and food ingredients. Through its resources, standards, advocacy, and education, USP helps ensure the availability of quality medicines, supplements, and foods for billions of people worldwide. Headquartered in Saint Paul, MN, Stratix Labs develops and produces tools that simplify workflows and improve the robustness of microbiological quality controls. Stratix Labs is a supplier of materials that can be further developed into reference materials and standards. Stratix Lab’s innovative microbial preservation technology, which powers its products, will have broad applications across industries relevant to USP, such as pharmaceutical and biopharmaceutical manufacturing, compounded medicines, and foods. Learn More: https://lnkd.in/evzpXbPQ

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Vulcan Spring & Manufacturing Co. (“Vulcan” or the “Company”) in Vulcan’s acquisition of Gardner Spring, Inc. (“Gardner” or “GSI”). Delancey Street provided buy-side M&A advisory services to Vulcan, negotiated the terms, and assisted with the closing of the transaction. Since 1967, Vulcan has set the standard in custom-engineered spring solutions, delivering quality and innovation across industries including Aerospace & Defense, Medical Devices, Automotive, and Retail Display. Proudly manufacturing in the USA, Vulcan combines expertise and precision to develop springs and assemblies that meet the unique demands of each client. As a trusted partner in high-performance spring technology, Vulcan continues to drive innovation forward, pushing the limits of design and functionality to support diverse applications and empower industry advancements. Founded in 1907, Gardner has a long-standing history of manufacturing stock springs and wire forms for industrial, automotive, and consumer applications across North America. Gardner’s core stock product offerings include compression, extension, disc, and torsion springs. Gardner sells its products to distributors, directly to OEMs, and to individual retail customers. Headquartered in Tulsa, Oklahoma, Gardner has built a legacy of dependability, precision, and service in the spring manufacturing industry. Learn More: https://lnkd.in/eDaXu7vb

Delancey Street Partners is pleased to announce that Technicorp International II, Inc. (“TCI II”) has been acquired by Astor Place Holdings. Delancey Street Partners served as exclusive financial advisor to TCI II, managed a competitive M&A process, and negotiated the terms of the transaction. TCI II is a vertically integrated designer and manufacturer of frequency control products (including quartz crystal resonators, precision oscillators, and sensors), technical ceramic products (including high temperature co-fired ceramic microelectronic packaging, precision ceramic, and hot pressed aluminum nitride products), and metal components. TCI II’s products ensure stable, precise frequency output and reliable timing synchronization of mission-critical electronic systems across the Aerospace & Defense, Medical, Industrial, and Communications end markets. TCI II’s products are highly engineered to provide reliable performance in the harshest environments. Since 1984, TCI II has established a reputation as a technology-driven enabler of product innovation. A culture of engineering, testing, and manufacturing excellence results in TCI II’s leadership position as an end-to-end U.S. manufacturer of scale. Learn More: https://lnkd.in/gx82Z3DW

Delancey Street Partners is pleased to announce that Technicorp International II, Inc. (“TCI II”) has been acquired by Astor Place Holdings. Delancey Street Partners served as exclusive financial advisor to TCI II, managed a competitive M&A process, and negotiated the terms of the transaction. TCI II is a vertically integrated designer and manufacturer of frequency control products (including quartz crystal resonators, precision oscillators, and sensors), technical ceramic products (including high temperature co-fired ceramic microelectronic packaging, precision ceramic, and hot pressed aluminum nitride products), and metal components. TCI II’s products ensure stable, precise frequency output and reliable timing synchronization of mission-critical electronic systems across the Aerospace & Defense, Medical, Industrial, and Communications end markets. TCI II’s products are highly engineered to provide reliable performance in the harshest environments. Since 1984, TCI II has established a reputation as a technology-driven enabler of product innovation. A culture of engineering, testing, and manufacturing excellence results in TCI II’s leadership position as an end-to-end U.S. manufacturer of scale. Learn More: https://lnkd.in/gx82Z3DW

Delancey Street Partners is pleased to announce that we served as financial advisor to JobGet (the “Company”) in the acquisition of Snagajob. Delancey Street provided buy-side M&A advisory services to JobGet. Since 2019, JobGet has been a leading hourly workforce job board. The Company reaches over 80 million job seekers in finding employment across food service, retail, customer service, hospitality, manufacturing, healthcare, warehouse, transportation, and more. JobGet offers innovative solutions to make hiring faster and more efficient, partnering with leading brands such as Whole Foods, Avis, Hobby Lobby, Public Storage, KFC, Kelly Services, Uber, Tenet Healthcare, Aldi, and UPS. Headquartered in Boston, Massachusetts, tens of thousands of businesses in the U.S. use JobGet to connect with workers, facilitating millions of hires. Founded in 2000, Snagajob has a multi-decade history as a trusted platform for hourly employment. Snagajob connects 45 million job seekers annually with quality jobs. Snagajob assists leading brands such as Chick-fil-A, Starbucks, Lowe’s, Aldi, Buffalo Wild Wings, Amazon, Lyft, Five Below, and many others in building reliable and robust teams. Learn More: https://lnkd.in/eEqCseCz

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to Vulcan Spring & Manufacturing Co. (“Vulcan” or the “Company”) in Vulcan’s acquisition of Gardner Spring, Inc. (“Gardner” or “GSI”). Delancey Street provided buy-side M&A advisory services to Vulcan, negotiated the terms, and assisted with the closing of the transaction. Since 1967, Vulcan has set the standard in custom-engineered spring solutions, delivering quality and innovation across industries including Aerospace & Defense, Medical Devices, Automotive, and Retail Display. Proudly manufacturing in the USA, Vulcan combines expertise and precision to develop springs and assemblies that meet the unique demands of each client. As a trusted partner in high-performance spring technology, Vulcan continues to drive innovation forward, pushing the limits of design and functionality to support diverse applications and empower industry advancements. Founded in 1907, Gardner has a long-standing history of manufacturing stock springs and wire forms for industrial, automotive, and consumer applications across North America. Gardner’s core stock product offerings include compression, extension, disc, and torsion springs. Gardner sells its products to distributors, directly to OEMs, and to individual retail customers. Headquartered in Tulsa, Oklahoma, Gardner has built a legacy of dependability, precision, and service in the spring manufacturing industry. Learn More: https://lnkd.in/eDaXu7vb

Delancey Street Partners is pleased to announce that we served as exclusive financial advisor to US Pharmacopeia (“USP”) in the acquisition of Stratix Labs Corporation (a USP company). Delancey Street provided buy-side M&A advisory services to USP. This is the second transaction in which Delancey Street provided USP with buy-side advisory services. United States Pharmacopeia is an independent scientific organization that collaborates with the world's top experts in health and science to develop quality standards for medicines, dietary supplements, and food ingredients. Through its resources, standards, advocacy, and education, USP helps ensure the availability of quality medicines, supplements, and foods for billions of people worldwide. Headquartered in Saint Paul, MN, Stratix Labs develops and produces tools that simplify workflows and improve the robustness of microbiological quality controls. Stratix Labs is a supplier of materials that can be further developed into reference materials and standards. Stratix Lab’s innovative microbial preservation technology, which powers its products, will have broad applications across industries relevant to USP, such as pharmaceutical and biopharmaceutical manufacturing, compounded medicines, and foods. Learn More: https://lnkd.in/evzpXbPQ

We are seeking to add experienced associates to our team. Please reach out if you are interested in an exciting career opportunity in the Philadelphia area.

Delancey Street Partners is pleased to present our HR Technology Sector 2023 Year in Review. Click to view the full report: https://lnkd.in/dVYbB8aZ For additional information, visit our website: https://lnkd.in/efgeri_T

Delancey Street Partners is pleased to announce that certain assets of Snyder’s Gateway, Inc. (“SGI”) have been sold to TA Operating LLC, which does business as TravelCenters of America and Petro Stopping Centers (“TA”). Delancey Street Partners partnered with the shareholders of SGI to assess, evaluate, and explore strategic alternatives, managed a focused M&A process, and negotiated the terms of the transaction. Founded in the 1940s, Snyder’s Gateway, Inc. is a multifaceted enterprise, located in Breezewood, Pennsylvania. SGI consisted of i) a TA franchised travel center; ii) Travelers’ Oasis, a retail fuel and convenience store; iii) a Holiday Inn Express Hotel; and iv) various food establishments. The transaction involved the sale to TA of the franchised travel center and Travelers’ Oasis. Learn More: https://lnkd.in/eWPmQqwZ