NEW YORK, August 24, 2021 / PRNewswire / – Red Barn Equity Partners (“Red barn“) a new York and Floridaprivate investment company, today announced that it has invested mainly in ReproTech Limited (the “Company” or “ReproTech”), one of the country’s leading companies specializing in long-term cryostocking and fertility preservation. Terms of the transaction were not disclosed.
A pioneer in dedicated reproduction storage with over 30 years of experience, ReproTech has perfected the art of making long-term cryostorage safe, secure, reliable and affordable. The Company offers a wide range of fertility preservation services coupled with state-of-the-art security, monitoring and protocols, as well as facilities designed to withstand the danger of natural disasters, including hurricanes, tornadoes and forest fires. . ReproTech maintains four regional facilities across United States and intends to strategically expand its footprint as a result of The red barn growth investment.
“ReproTech has long been an industry leader in long-term cryopreservation and fertility preservation, and we believe the company has a significant opportunity to further develop its business,” said Luis A. Fernandez, Co-Founder and Partner, Red Barn Equity Partners. “We look forward to serving as a strategic capital partner for ReproTech and partnering with Brent and his team to help the company build on its proven track record of safety and reliability. “
In conjunction with The red barn investment, ReproTech’s management team will continue to lead the business on a day-to-day basis. The Company’s operating model of providing low-cost reproductive cryopreservation services to patients, financial support for those in need, and the safety of shipping and storage will also remain unchanged.
“The red barn the proven track record as a business and capital partner, combined with the company’s existing leadership and expertise, is a logical next step to put ReproTech on track for continued success, ”said Brent Hazelrigg, President and CEO of ReproTech. “We expect a strong partnership in the years to come. “
About Red Barn Equity Partners
Red Barn Equity Partners is a new York and FloridaPrivate investment firm investing on behalf of family offices and high net worth individuals targeting lower middle market assets in the consumer, industrial, business services and healthcare sectors. The company focuses on sub-segments characterized by fragmented competitive landscapes with strong characteristics of secular growth. Red barn provides long-term patient capital unconstrained by the conventional timetables of alternative asset classes and seeks to transform undervalued and underrated assets into national leaders and create first-class professional organizations through thoughtful investments in growth and performance. For more information visit www.redbarnep.com.
About ReproTech Limited
ReproTech Limited specializes in long term cryostorage and safe transportation of reproductive tissue. In 2020, ReproTech celebrated its 30th anniversary as a leader in cryostocking by United States with four regional offices located in the metropolitan areas of Minneapolis, Minnesota; Fort Lauderdale, Florida; Reno, NV; and Dallas / Fort Worth, Texas. ReproTech’s proven protocols, secure disaster rooms and 24/7 tank monitoring with data analysis and multi-layered redundancies provide patient peace of mind. ReproTech’s automatic transfer management and fertility preservation network programs also provide cost-effective off-site storage solutions to its fertility clinics and oncology centers. For more information visit www.reprotech.com.
Media contact: Mike Geller, Prosek Partners, [email protected] or 914-715-8901
SOURCE Red Barn Equity Partners