EQT Infrastructure VI Acquires Constellation Cold Logistics from Arcus Infrastructure Partners

Vertical Cold Storage Acquires Arctic Logistics

April 2, 2025

Logistics & Distribution

Vertical Cold Storage, sponsored by Platform Ventures, acquired Arctic Logistics' 140,000 sq ft cold storage facility in Canton, Michigan. The acquisition expands Vertical Cold's national footprint and cross-border capabilities for U.S.-Canada trade; terms were not disclosed.

IQ-EQ Acquires Constellation Advisers LLC

January 5, 2021

Financial Services

IQ-EQ, an Astorg-backed investor services group, has completed the acquisition of Constellation Advisers LLC, a U.S.-based outsourced and co‑sourced investment management services provider. The deal expands IQ-EQ’s U.S. footprint and capabilities in fund administration, outsourced CFO/COO services and regulatory compliance, adding Constellation’s ~115 professionals across six U.S. offices to IQ-EQ’s combined U.S. platform.

Lineage Logistics Acquires VersaCold Logistics Services from TorQuest Partners

April 13, 2022

Logistics & Distribution

Lineage Logistics has agreed to acquire VersaCold Logistics Services from TorQuest Partners and its co-investors IMCO and OPTrust, expanding Lineage’s temperature-controlled network in Canada. VersaCold operates 24 temperature-controlled facilities and an asset-based transportation network across nine provinces; financial terms were not disclosed and the deal closed in 2022.

EQT Value-Add Infrastructure to Acquire Lazer Logistics from Harvest Partners

March 29, 2023

Logistics & Distribution

EQT Infrastructure VI's value-add infrastructure fund (EQT Value-Add Infrastructure) has agreed to acquire Lazer Logistics from funds managed by Harvest Partners. The deal advances EQT's strategy in Transportation & Logistics and will support Lazer's growth initiatives, including fleet electrification and digitalization; financial terms were not disclosed and the transaction is expected to close in 2Q 2023.

TorQuest Partners Acquires VersaCold Logistics Services

December 16, 2020

Logistics & Distribution

TorQuest Partners, together with co-investors The Investment Management Corporation of Ontario (IMCO) and OPTrust, completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoé Cambridge. VersaCold's management (led by Mike Arcamone as CEO) rolled equity and will continue to operate the business as the new investors support growth of the company's temperature‑controlled warehousing and food logistics network in Canada.

EQT Private Equity and Mubadala to Acquire Envirotainer from Cinven and Novo Holdings

June 7, 2022

Transportation

EQT Private Equity and Mubadala Investment Company have agreed to acquire Envirotainer, the Stockholm-based global provider of temperature-controlled air cargo containers and cold chain solutions for biopharmaceuticals, from Cinven and Novo Holdings for an enterprise value of approximately €2.8 billion. The new owners plan to accelerate geographic expansion (notably in APAC), scale CryoSure and the Releye platform, and invest in technology, digitalization and sustainability; current shareholders may reinvest as minority holders.