Altaris and Investor Group Recapitalize CSafe Global; Frazier Healthcare Partners Among New Investors

Frazier Healthcare Partners Acquires 50% Stake in CSafe Global from Thomas H. Lee Partners

January 6, 2021

Logistics & Distribution

Frazier Healthcare Partners has acquired a 50% stake in CSafe Global from Thomas H. Lee Partners. CSafe, headquartered in Dayton, Ohio, is a provider of cold chain shipping solutions for pharmaceutical and life sciences customers; THL will remain a partner alongside Frazier to support the company's next phase of growth. Terms of the transaction were not disclosed.

1315 Capital Acquires SciSafe from BioLife Solutions

November 14, 2024

Healthcare Services

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.

Altaris Capital Partners Acquires Meridian Medical Technologies from Pfizer

December 30, 2021

Medical Devices

Altaris Capital Partners has entered into an agreement to acquire Meridian Medical Technologies from Pfizer. Meridian, a pioneer in emergency response drug-device combination products and auto-injectors with facilities in St. Louis, Missouri and Columbia, Maryland and more than 750 employees, will become an Altaris portfolio company to expand the firm's capabilities in medical countermeasures and emergency response solutions.

CSafe Global Acquires Softbox Systems from Great Point Partners

December 15, 2021

Healthcare Services

CSafe Global, backed by Frazier Healthcare Partners and Thomas H. Lee Partners, acquired Softbox Systems from Great Point Partners, combining CSafe's active cold-chain container solutions with Softbox's passive temperature-controlled packaging products. The deal creates an end-to-end cold-chain platform serving pharmaceutical, biotech and logistics customers and expands CSafe's passive product portfolio and global footprint; terms were not disclosed.

Altaris Capital Partners Majority Recapitalizes Minnetronix Medical

February 3, 2021

Medical Devices

Altaris Capital Partners has completed a majority recapitalization of Minnetronix Medical, expanding a relationship in place since 2015 when Altaris was a minority investor. The transaction provides Minnetronix — a Saint Paul, Minnesota-based medical device product development and contract manufacturing partner — with capital and partnership support to accelerate its growth and product strategy.

Altaris Acquires Sharecare

June 25, 2024

Healthcare Services

Altaris, a healthcare-focused investment firm, agreed to acquire publicly traded digital health company Sharecare in a take-private transaction at $1.43 per share. The deal will take Sharecare private (stockholders approved the transaction) and positions the company to operate as a standalone portfolio company under Altaris to accelerate growth and product/service development.