Golub Capital served as administrative agent, sole lead arranger and sole bookrunner on $450 million in senior credit facilities to support the acquisitions of California Cryobank and Cord Blood Registry by GI Partners.
The two businesses will be combined and operate under the California Cryobank Life Sciences platform and provide domestic and international expansion opportunities in both the donor reproductive tissue and newborn stem cell industries.
“Both California Cryobank and Cord Blood Registry have built themselves as market leaders in the reproductive and stem cell storage spaces. With Golub Capital’s expanded capabilities through our growing Capital Markets team, we were able to provide GI Partners and the combined company with the flexible financing required for this transaction,” said Michael Meagher, managing director at Golub Capital.
GI Partners is a private equity investment firm based in San Francisco.
California Cryobank Life Sciences provides donor reproductive tissue and newborn stem cell collection and storage industries.
