1315 Capital Acquires SciSafe from BioLife Solutions

November 14, 2024

1315 Capital, a Philadelphia-based growth equity firm, has acquired SciSafe from BioLife Solutions in an all-cash transaction that establishes SciSafe as an independent, standalone biostorage company. The deal accompanies a growth capital investment to fund expansion of SciSafe's biostorage, cold-chain and compliance capabilities and to support global footprint growth.

Buyers
1315 Capital
Targets
SciSafe
Sellers
BioLife Solutions, Inc.
Location
New Jersey, United States
Transaction Type
Divestiture

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