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Announced

Peloton Equity invested $31m in AeroSafe Global.

Synopsis

Peloton Equity, a Connecticut-based private equity firm, invested $31m in AeroSafe Global, which delivers cold-chain services for the bio-pharma industry that result in zero temperature excursions. AeroSafe will use the funding to accelerate its sales and marketing efforts, launch additional value-added services and technologies, and expand into new geographies. "Peloton’s expertise and network in the healthcare segment will bring additional resources, insights and business development opportunities to accelerate industry adoption of AeroSafe’s innovative products and technologies," said Jay McHarg, Chief Executive Officer of AeroSafe. "This new financing round expands our team of blue-chip investors who enthusiastically support AeroSafe’s growth plans."

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