GI Partners to buy and combine sperm and egg donor bank, stem cell storage company
GI Partners agreed to buy California Cryobank, a donor sperm and egg bank, and Cord Blood Registry, a stem cell collection and storage company. GI plans to combine the two companies, which will serve about 600,000 families across more than 30 countries. The combined deal is expected to close in the third quarter. The deal will be GI’s fifth platform investment from Fund V, which closed on $2.8 billion last year.
15 June 2018•3 mins read
