Platform Expansion
Safeguard Scientifics' platform expansion initiatives are intended to augment our capabilities as a growth capital provider and to participate in the management of external sources of capital. This not only diversifies Safeguard's business platform, but we also believe it will generate solid opportunities for current interest income and future fee income and profit participation for us.
Safeguard’s partnership with Penn Mezzanine represents our first platform expansion initiative, which is expected to produce current interest income, as well as future management fee income and profit participation. Managed by a team of experienced mezzanine lenders, this platform will enable Safeguard to provide flexible financing strategies to current and prospective partner companies, as well as other potential borrowers.
