Safeguard Scientifics, Inc. develops, operates, and manages life sciences and information technology companies. It engages in expansion financing, growth capital, management buyout, recapitalization, industry consolidation, corporate spinout, and early stage financing transactions. It deploys capital in entrepreneurial growth-stage life sciences and technology companies. The company operates its business through three segments: Life Sciences, Technology and Penn Mezzanine. Safeguard Scientifics was founded by Warren V. Musser and Frank A. Diamond in 1953 and is headquartered in Wayne, PA.