Thomas H. Lee-backed Safe Global completed the acquisition of Softbox Systems from Great Point Partners.

Thomas H. Lee-backed CSafe Global, a pharmaceutical company in Moraine, Ohio, completed the acquisition of Softbox Systems, a provider of passive temperature-controlled packaging solutions for the pharmaceutical, life science and cold chain logistics industries, from Great Point Partners, a private investment firm. Financial terms were not disclosed. "Through this combination, we will be the partner of choice for cold chain delivery of high value, temperature sensitive pharmaceutical therapies. Both CSafe and Softbox have proven to be reliable partners for customers seeking a secure way to deliver their life-enhancing products around the world. We’re thrilled to now offer our customers a platform that provides everything from the highest quality packaging to AI-enabled thermal and kinetic monitoring and logistics management," Patrick Schafer, CSafe CEO.