BioLife Solutions Acquires Stirling Ultracold

BioLife Solutions Acquires PanTHERA CryoSolutions

April 10, 2025

Biotechnology

BioLife Solutions acquired the remaining 90% of PanTHERA CryoSolutions for $9.3 million in cash plus 241,355 shares of BioLife common stock, with up to an additional $7.2 million of stock payable upon achievement of milestones. The acquisition adds PanTHERA's proprietary Ice Recrystallization Inhibitor (IRI) technology and scientific talent to BioLife's biopreservation consumables portfolio, accelerating product capability development for the cell and gene therapy market.

Milton Street Capital Forms IC Biomedical by Acquiring Worthington Life Sciences Business and International Cryogenics

November 2, 2020

Medical Devices

Milton Street Capital, a Houston-based private equity firm, acquired the Life Sciences business of Worthington Industries (Theodore, AL) and International Cryogenics, Inc. (Indianapolis, IN) and combined them to form IC Biomedical. The new company will be led by Steve Shaw (CEO) and Jim Hoppel (CFO) and will focus on manufacturing cryogenic storage freezers, dewars and shippers for biomedical, pharmaceutical and research markets.

Standex Acquires Custom Biogenic Systems from BioLife Solutions

November 14, 2024

Manufacturing

Standex International has acquired Custom Biogenic Systems (CBS), a Michigan-based maker of cryogenic and controlled-rate freezers, from BioLife Solutions for approximately $6.1–$6.2 million in cash. The business will be reported in Standex's Scientific segment and is expected to be accretive in year one, expanding Standex's scientific refrigeration capabilities and North American manufacturing footprint.

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.

Cold Chain Technologies Acquires Global Cold Chain Solutions

March 5, 2025

Manufacturing

Cold Chain Technologies (CCT) has acquired Global Cold Chain Solutions (GCCS), a provider of passive thermal packaging and related services with manufacturing sites across Australia and India; terms were not disclosed. The acquisition expands CCT's Asia Pacific presence and manufacturing capabilities in support of life sciences and pharmaceutical customers and is CCT's fifth add-on since partnering with Aurora Capital Partners.

Peli BioThermal Acquires Evo (SAVSU) from BioLife Solutions

October 7, 2025

Logistics & Distribution

Peli BioThermal, a Platinum Equity‑backed temperature‑controlled logistics provider, acquired the Evo portfolio (SAVSU Cleo Technologies, LLC) from BioLife Solutions for $25.5 million in cash (subject to adjustments). The add‑on expands Peli BioThermal’s cryogenic and cold‑chain offerings—including the evoIS platform—and preserves the Bruce Township, Michigan operations to support Cell & Gene Therapy and pharmaceutical customers.