The Radnor Gazette — Vol. I, No. 7 — Sunday, April 26, 2026

By the Gazette Business Desk · Apr. 26

Radnor-based Certara, Inc. (NASDAQ: CERT) announced on Wednesday a definitive agreement to sell its Regulatory and Medical Writing business to Boston-based Veristat in a transaction valued at up to $135 million. The deal — first reported in a Globe Newswire announcement on April 22 — represents the first major divestiture under Certara's new chief executive, Jon Resnick, who is repositioning the firm around AI-integrated drug-development modeling and simulation.

The terms include $100 million in cash at closing, with up to $15 million held in escrow, plus up to $35 million in contingent earn-out payments tied to future performance. The unit being sold generated $50 million of revenue and $17 million of adjusted EBITDA in 2025 and employs roughly 220 people who prepare official regulatory filings used to bring drugs through approval. The transaction is expected to close in the second quarter of 2026, subject to customary conditions.

Industry analysts say the move is consistent with the broader trend among biopharma services firms of focusing on AI-enabled, higher-margin platforms while shedding lower-margin, labor-intensive services divisions. For Radnor, the deal is the second multi-hundred-million-dollar transaction tied to a township-headquartered firm in a single week.

EQT Real Estate, also based here, closed on April 22 a separate $308.7 million purchase of Forest Park Corporate Center in West Deptford, New Jersey — a 1.97-million-square-foot, nine-building light-industrial portfolio sold by New York Life Investment Management's Real Estate Investors arm. Amazon fully occupies the largest building at 1250 Forest Parkway; DHL and NFI hold significant space across the rest of the portfolio. The pricing equates to roughly $156 per square foot, and EQT plans capital improvements site-wide.

Together, the two deals push more than $440 million of corporate transaction volume through Radnor offices in five business days, reinforcing the township's identity as one of the Main Line's quiet command centers for life sciences, real estate, and data-driven enterprises. Whether that capital intensity translates into local jobs, philanthropy, or tax base remains, as ever, the open question.

Sources: Globe Newswire (Apr. 22, 2026); Delco Today; South Jersey Industrial Space; Yahoo Finance.

"Wealth that moves at the speed of a wire transfer is impossible to defend at the speed of a township police department." — See Editorial, Page Bottom

Township Action Bulletin

Eagle Rd. Closure: 24 hrs/day, 6 days/week, May 4–18, between Paul Rd. & Radnor St. Rd. Detour: Wayne Ave., Upper Gulph, King of Prussia Rd. (PennDOT, Rockwell Radnor LLC.)
Arbor Day: Held Apr. 24 at The Willows Park; Radnor's 32nd consecutive Tree City USA designation.
Senior Fraud Alert: Two residents lost $3M+ to "gold bar" scam. Radnor PD working w/ FBI & NJ State Police.
Wheels of Wayne: 12:30–3:00 p.m. today on N. Wayne Ave. & West Ave. Streets closed 7 a.m.–7 p.m.

Upcoming Meetings

Mon. Apr. 27 · 7 p.m.
Board of Commissioners. Radnorshire Room, 301 Iven Ave. Comcast Ch. 5 / FiOS Ch. 30.
Tue. Apr. 28
EAC Lecture: The Buzz About Bees — Pollinators in Peril.
Tue. Apr. 28 · 7 p.m.
RTSD Board of School Directors (4th-Tuesday cycle). Live on RTSD YouTube; agenda on BoardDocs.
Wed. May 13
Community Tech Fair (per Radnor Patch events calendar).

2026 Priorities Watch

VFMA Land: Right-of-first-refusal deal in force; no new development this week.
Vision for Wayne: Still in feedback phase. No new forum scheduled.
Stormwater (3 projects): All in design/permitting. No milestone.
Radnor Trail East. Ext.: Crossing decision pending.
Pay-by-Plate Parking: Live since Jan. 2026. No changes.
Leaf-Blower Ban: EAC drafting. Lower Merion's seasonal ban begins Jun. 1.
Ithan Elem. Rebuild: On schedule for 2027–28.
SEPTA Bus Redesign: Phase 1 Aug. 2026 (mostly Phila.); Main Line in 2027 phases.
Delco. Tax Hike: 19% increase took effect Jan. 1; ~$188/yr on $255K home.
250th Fireworks & Mural: Approved Apr. 13 (covered last issue).

Safety & Police · Schools

Two Radnor Seniors Lose More Than $3 Million in "Gold Bar" Scam

Radnor PD says network operates from India; FBI and N.J. State Police now involved

Radnor Township Police confirmed this week that two elderly residents have collectively lost more than $3 million to a sophisticated international "gold bar" fraud — among the costliest senior-fraud cases the department has investigated. Scammers contacted victims by phone and social media, posed as government workers, and convinced them their bank accounts had been compromised.

Victims were instructed to liquidate retirement savings, purchase gold bars and jewelry, photograph the metal, and leave packages in their cars' back seats for a "courier" who would identify himself with a shared password. The first victim was first contacted in October 2024 with a phony Social Security investigation pretext; a second victim, age 78, was approached on Facebook. Detectives believe the operation runs from a call center in India.

Sources: 6abc Action News Investigation, Apr. 21, 2026; Hoodline.

Suspect Arrested After Alleged Sexual Assault at Wayne TJ Maxx

On Saturday, April 18, a woman shopping at the TJ Maxx at 550 E. Lancaster Ave. was sexually assaulted in an aisle, police said. Officers patrolling the parking lot arrested Sinan Tuzer, 44, almost immediately after store security escorted him out. Tuzer faces indecent assault and disorderly conduct charges and was released on the indecent assault charge. Investigators describe the incident as isolated.

Sources: 6abc Philadelphia; NBC10 Philadelphia; Hoodline.

Retail Theft Reported at West Lancaster Wine & Spirits

A retail theft occurred at the Fine Wine and Spirits at 127 W. Lancaster Ave. at approximately 7:14 p.m. on Wednesday, April 22, according to the Radnor Police blotter.

Source: Radnor PD blotter via Patch.

Spring Keystone Window Opens at Radnor High

First fully online administration; testing reshapes daily schedule

Radnor High School entered its Spring 2026 Keystone Exam window this past week. The administration has shared updated testing procedures and a modified school schedule with families. Pennsylvania has fully transitioned the Keystone Exams to mandatory online testing this spring, administered in classroom settings to provide a more focused environment. Students must demonstrate proficiency in Algebra 1, Literature, and Biology to graduate.

Source: RHS Keystone Exams page (rhs.rtsd.org).

Spring Jazz, National Honors Crown a Strong Arts Month

Radnor High held its Spring Jazz Concert on April 15. Senior Mira Caplan was selected for the American Choral Directors Association All-Eastern Honors Treble Choir — the first RHS choir student to earn that distinction in several years. The school's literary magazine, Facets, received a First Class rating from the National Council for Teachers of English for its 2024–25 publication. The Annual Band Trip to Williamsburg, VA departed April 16.

Source: Radnor High School News (rhs.rtsd.org/our-school/news).

RTSD Board Meets Tuesday on Fourth-Tuesday Cycle

The Radnor Township Board of School Directors holds its monthly business meeting Tuesday, April 28, at 7 p.m. in the Radnorshire Room of the Township Building, 301 Iven Ave. Live on the RTSD YouTube channel; agenda on BoardDocs.

Source: RTSD School Board page (rtsd.org).

Development & Real Estate · Environment & Parks

EQT Real Estate's $308.7M South Jersey Industrial Buy

Radnor-based fund acquires 1.97M sq. ft. from New York Life

EQT Real Estate, headquartered in Radnor, completed its acquisition of the Forest Park Corporate Center in West Deptford, NJ, for $308.7 million — one of the region's largest industrial transactions in years. The 1.97-million-square-foot, nine-building portfolio was sold by New York Life Investment Management's Real Estate Investors arm. Amazon fully occupies the largest building (1250 Forest Parkway); other tenants include DHL and NFI. EQT plans capital improvements across the portfolio.

Sources: Delco Today; South Jersey Industrial Space; Yahoo Finance.

Restaurant Pipeline: Burtons Grill Targets June 18 Wayne Opening

Boston-based Burtons Grill & Bar has confirmed a June 18, 2026, opening at 312 W. Lancaster Ave. — the chain's first Pennsylvania location. The 5,167-square-foot, 175-seat restaurant features an all-day American menu of burgers, salads, steaks, and seafood. Separately, Testa Rossa from Fearless Restaurants remains on track for a summer opening at 523 W. Lancaster Ave. in the former Bertucci's space.

Sources: Main Line Today; Where Philadelphia; Delco Today.

Active Land Development Applications

The Township maintains a public list of current land development projects. No new application milestones were posted to the public docket during the past seven days. Residents can review project filings at radnor.com/government/helpful-links/current-land-development-projects.

Source: Radnor Township Community Development.

Pollinators in Peril: EAC Lecture on Bees Set for April 28

The Radnor Environmental Advisory Council will host a public lecture, The Buzz About Bees: Pollinators in Peril, on Tuesday, April 28. The talk continues a 2026 EAC programming series tied to its ongoing work on tree canopy, native plantings, and a possible phase-out of gas-powered leaf blowers (still in drafting; no ordinance introduced this week).

Source: Radnor EAC events listing.

Township Marks 32nd Year as Tree City USA

The Parks & Recreation Department hosted its annual Arbor Day Celebration at 10 a.m. Friday, April 24, at The Willows Park, with community partners helping plant trees around the township. Radnor was again designated a Tree City USA — its 32nd consecutive year holding the recognition.

Source: Radnor Township Arbor Day page.

Chanticleer Garden's 2026 Season Underway

Chanticleer (786 Church Rd.) is open Wednesday through Sunday, 10 a.m. to 5 p.m., through November 8, with First Saturdays opening at 8 a.m. and Friday evenings extended to 8 p.m. May through August.

Source: chanticleergarden.org.

Quiet Week from Radnor Conservancy

No new programming or campaigns reported from the Radnor Conservancy. The organization continues stewardship of conservancy-protected open spaces.

Source: Radnor Conservancy.

Community & Lifestyle

Radnor Native Devan Kaney Out at 94.1 WIP

Wayne native and Radnor High alumna Devan Kaney was let go this month from Audacy's 94.1 WIP, where she had served as a morning-show co-host and Eagles sideline reporter since 2022. The cuts were part of a broader Audacy layoff hitting several Philadelphia stations including KYW, WPHT, B101, BIG 98.1, and 96.5. Kaney remains weekend anchor at FOX 29 and may return for Eagles-related broadcasts.

Sources: Delco Today; Philadelphia Inquirer.

Sportradar Faces Investor Probe After Short-Seller Report

Radnor-based Sportradar Group AG (NASDAQ: SRAD) was named on Friday in an investor-rights investigation by Kessler Topaz Meltzer & Check after Muddy Waters Research released an April 22 report alleging the data company "actively aided and abetted illegal gambling across the world's black and grey markets." Sportradar has previously denied related allegations.

Source: Globe Newswire, Apr. 25, 2026.

A Papal Tip-Off: 'Nova Hoops Open in Rome

Villanova men's and women's basketball will open the 2026–27 season on November 1 against Notre Dame at Rome's PalaTiziano in a Fox Sports doubleheader, with a planned audience with Pope Leo XIV — Villanova alumnus Robert Francis Provost, Class of 1977. It is believed to be the first college men's basketball season opener ever played outside the United States.

Sources: Villanova Athletics; Philadelphia Inquirer.

SEPTA Note for Wayne Commuters

The Paoli/Thorndale Line continues on the schedule that took effect Feb. 1, 2026. SEPTA's New Bus Network launches Phase 1 in August (primarily Philadelphia routes); Main Line bus changes are in Phase 2 (Feb. 2027) and Phase 3 (Jun. 2027).

Sources: septa.org; SEPTA Paoli/Thorndale schedules.

Upcoming Events

Date	Event	Details
Sun, Apr. 26	12th Annual Wheels of Wayne Car Show	12:30–3:00 p.m., N. Wayne & West Aves. Free. Pulled-pork & pizza contests. Roads closed 7 a.m.–7 p.m. Rain date May 3.
Mon, Apr. 27	Board of Commissioners Meeting	7 p.m., Radnorshire Room, 301 Iven Ave. Comcast Ch. 5 / FiOS Ch. 30.
Tue, Apr. 28	EAC Lecture: The Buzz About Bees	Public lecture on pollinators in peril. Hosted by Environmental Advisory Council.
Tue, Apr. 28	RTSD School Board Meeting	7 p.m., Radnorshire Room. Live on RTSD YouTube; agenda on BoardDocs.
May 4 – May 18	Eagle Road Construction Closure	24 hrs/day, 6 days/week between Paul Rd. and Radnor Street Rd. Detour: Wayne Ave., Upper Gulph, King of Prussia Rd.
Wed, May 13	Community Tech Fair	Listed on Radnor Patch events calendar.

· · ·

Hot Take · Editorial

Money Is Moving — Watch Where It Lands

A weekly editorial of The Radnor Gazette

You can read the past seven days as a routine news cycle: a road closure, a pair of school events, a tragic crime story, two corporate deals, an Arbor Day photo op. Or you can read it the way the rest of the country is now reading the suburbs — as a quiet, accelerating reshuffling of money, attention, and moral boundaries. This week, both happened on our own Lancaster Avenue.

The first signal was Certara's $135 million sale of its medical-writing arm to Veristat. By itself, it is a healthy deal: Certara's new CEO is doing what new CEOs are paid to do, jettisoning the lower-margin services unit so the company can focus on AI-driven simulation. But that 220-person business has been a Radnor neighbor for years, and the buyer is Boston-based. Layered with EQT Real Estate's $309 million purchase of nearly two million square feet of South Jersey warehouse space — a deal that will not be reinvested locally — and you start to see Radnor functioning more and more as a control tower for capital that lives somewhere else. We don't make widgets here. We sign deals here.

That distinction matters because the second signal this week was the police announcement that two of our elderly neighbors lost more than three million dollars to an India-based gold-bar fraud ring. Three. Million. Dollars. From two households. The scammers found their way into a Radnor driveway by phone, by Facebook, by the same kind of digital sophistication that Sportradar — also based here — is now being investigated for allegedly enabling on a global scale. The same week the Federal Reserve of the Main Line shipped a $309 million check to South Jersey, two Radnor retirees were photographing gold bars and leaving them in the back seats of their cars.

If that juxtaposition feels uncomfortable, it should. Wealth that moves at the speed of a wire transfer is impossible to defend at the speed of a township police department. The FBI and New Jersey State Police are now on the gold-bar case, but as Radnor PD made clear, the network operates from a continent away. The most realistic countermeasure is the unsexiest one in civic life: phone trees. Adult children calling parents. Neighbors knocking. A Township that uses its enviable communication channels — radnor.com, the police alert system, the WBA newsletter, even the loudspeaker at today's Wheels of Wayne car show — to repeat one sentence until it is reflex: no government agency will ever ask you to put gold in your back seat.

The Board of Commissioners meets Monday night. Public comment is open. If you go, ask one question: what is Radnor PD's senior-fraud outreach budget, and is the 2026 line item large enough given that two cases have already cost residents more than the cost of the July 4th fireworks and downtown mural combined? The 250th-anniversary celebration is appropriate and welcome. So is a hard, public look at how a town this affluent and this connected protects the people whose savings built it.

Call to Action: Attend Monday's Board of Commissioners meeting (Apr. 27, 7 p.m.) — or watch on Comcast Ch. 5 / FiOS Ch. 30 — and submit one comment, email, or phone call asking what is being budgeted to harden senior-fraud outreach in Radnor. And if you have an aging parent on the Main Line, call them tonight.