Peli BioThermal Acquires Evo (SAVSU) from BioLife Solutions
October 7, 2025
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.
- Buyers
- Peli BioThermal, Platinum Equity
- Targets
- Evo (SAVSU Cleo Technologies, LLC)
- Sellers
- BioLife Solutions, Inc.
- Platforms
- Peli BioThermal
- Industry
- Logistics & Distribution
- Location
- Michigan, United States
- Transaction Type
- Addon
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