Blackstone (NYSE: BX) announced today that funds managed by Blackstone Tactical Opportunities (“Blackstone”) have entered into a definitive agreement to make a significant, strategic investment in Life Science Logistics (“LSL” or the “Company”), a leading, national provider of healthcare supply chain solutions. The investment is intended to help accelerate LSL’s continued expansion within the fast-growing pharmaceutical and medical device market as it opens new facilities and further increases its customer base in the years ahead. Founded in 2006 and headquartered in Dallas, Life Science Logistics is a leading third-party healthcare logistics provider with more than 600 employees and 4 million square feet of warehousing and logistics space.
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Source: https://www.businesswire.com/news/home/20211116006212/en/Blackstone-Announces-Strategic-Investment-in-Life-Science-Logistics