Graycliff Announces Credit Investment in Space Age Electronics

Graycliff Partners LP today announced that it has completed a unitranche debt investment in support of DelCam Capital’s refinancing of Space Age Electronics (“Space Age”), a manufacturer and assembler of fire and life safety equipment and control panels.

Founded in 1963 and headquartered in Sterling, MA, Space Age manufactures and assembles fire and life safety equipment, with a complementary business assembling control panels and printed circuit boards for HVAC and other OEMs. The company’s products are widely used in commercial fire safety and HVAC systems, reaching customers through a network of OEMs, distributors, and system integrators.

“We are excited to partner with both the Space Age and DelCam teams on this transaction,” said Nick Stern, Principal at Graycliff Partners. “The Space Age team has a long track record of maintaining an impressive base of customers, and we look forward to supporting the platform’s continued growth.”

“The Graycliff team was efficient and a pleasure to work with throughout the process,” said Stuart Chanin, Managing Director and Partner at DelCam Capital. “We look forward to partnering with them to help drive the growth of Space Age.”