Sierra Capital, comprised of Olshan client, Horton Fund, and Maplewood Capital, announced that it has reached an agreement with Safeguard Scientifics, Inc.
Safeguard Scientifics, Inc. offers growth capital and strategic and operational support to life sciences and information technology companies. The company, led by Stephen T Zarrilli, David Kille and Brian J Sisko, participates in expansion financings, corporate spin-outs, management buyouts, recapitalizations, industry consolidations, and early-stage financings.
Pursuant to the agreement, two new independent directors, Russell D. Glass and Ira M. Lubert, have been appointed to the Board of Directors, effective immediately.
Andrew Freedman (Picture) and Meagan Reda advised on the matter.
Law Firms: Olshan Frome Wolosky LLP;